All trading involves risk. Contracts for Difference (CFDs) are complex instruments and may not be suitable for all investors. Please refer to Risk Disclosure and Risk Fact Sheet on Capital.com/en-sg.
Open platformOpen platform

Magna International On Pace To Generate About $5 Bln Of Free Cash Flow Over 2022–2026 Period

By Reuters News

Nov 11 (Reuters) - Magna International Inc. MG.TO:

  • MAGNA INTERNATIONAL - TARGETS 2-4% ORGANIC SALES GROWTH ABOVE MARKET, 200 BP ADJUSTED EBIT MARGIN EXPANSION, 15%+ ADJUSTED EPS GROWTH BY 2030

  • MAGNA INTERNATIONAL - ON PACE TO GENERATE ABOUT $5 BILLION OF FREE CASH FLOW OVER 2022–2026 PERIOD, EXPECTS GREATER FREE CASH FLOW OVER 2027-2030

Further company coverage: MG.TO

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.