Financial Post
🏢 Postmedia
Jul 31, 2026
· 1 min read
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Magna Announces Strong Second Quarter Results; Raises Outlook for 2026
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Article Excerpt
Highlights(1) Delivered strong second-quarter 2026 results, reflecting profitable sales growth, continued productivity improvements and disciplined execution. Sales increased 3% to $11.0 billion, outperforming a 2% decline in global light vehicle production Income from operations before income taxes increased 21% to $599 million Adjusted EBIT increased 16% to $677 million, with Adjusted EBIT margin expanding 70 […]
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