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Magna Announces Fourth Quarter 2020 Results and Outlook einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
Diluted earnings per share of $2.45, compared to $1.43 in the fourth quarter of 2019 Adjusted diluted earnings per share of $2.83, more than double the fourth quarter of 2019 Cash from operating activities of $2.3 billion, compared to $1.7 billion in the fourth quarter of 2019 Raised quarterly cash dividend by 8% to $0.43 per share Full Year 2020 Highlights Sales of $32.6 billion decreased 17%, compared to vehicle production declines of 20% and 23% in our most significant production markets of North America and Europe Returned $659 million to shareholders primarily through dividends AURORA, Ontario, Feb. 19, 2021 (GLOBE NEWSWIRE) Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the fourth quarter and year ended December 31, 2020. ....
Magna International Inc.: Magna Announces Fourth Quarter 2020 Results and Outlook Diluted earnings per share of $2.45, compared to $1.43 in the fourth quarter of 2019 Adjusted diluted earnings per share of $2.83, more than double the fourth quarter of 2019 Cash from operating activities of $2.3 billion, compared to $1.7 billion in the fourth quarter of 2019 Raised quarterly cash dividend by 8% to $0.43 per share Full Year 2020 Highlights Sales of $32.6 billion decreased 17%, compared to vehicle production declines of 20% and 23% in our most significant production markets of North America and Europe Returned $659 million to shareholders primarily through dividends AURORA, Ontario, Feb. 19, 2021 (GLOBE NEWSWIRE) Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the fourth quarter and year ended December 31, 2020. ....