Magna International Inc (FRA:MGA)
€ 40.43 -0.22 (-0.54%) Market Cap: 11.63 Bil Enterprise Value: 18.26 Bil PE Ratio: 11.98 PB Ratio: 1.05 GF Score: 75/100

Magna International Inc at Barclays Global Automotive Conference (Virtual) Transcript

Nov 18, 2020 / 03:50PM GMT
Release Date Price: €51.03 (+0.55%)
Brian Johnson
Barclays Capital - Analyst

Okay, good, welcome back. I hope everyone was able to get a fresh cup of coffee. We are very pleased with us now to have Magna International. Magna representing today -- represented by Vince Galifi, the EVP and CFO, as well as Louis Tonelli, VP Investor Relations. They are a safely sheltered in a, what seems to be, very socially distant suburban Toronto headquarters for Magna. They're in different rooms, so don't worry.

Questions & Answers

Brian Johnson
Barclays Capital - Analyst

Speaking of precautions and speaking of COVID, I just want to get an update on where you think market conditions are -- frankly since you reported earnings. Because we've seen a second wave of lockdowns in Germany and the UK, growing restrictions in North America on gatherings and activities which may or may not affect sales.

So, what are you seeing both in terms of as you look through and talk to your OEMs about what the retail sales are doing? But then, more specifically, the risks to sales and production -- to production

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