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 Transcript

Nov 18, 2021 / 01:40PM GMT
Release Date Price: €77.28 (-0.90%)
Brian Arthur Johnson
Barclays Bank PLC, Research Division - MD & Senior Equity Analyst

Good morning, and welcome back to the second -- our second day of the Global Automotive and Mobility Tech Conference. Pleased to welcome Magna International. Swamy Kotagiri, CEO; and Vince Galifi, who many of you know is the CFO but recently also took on a role as President of International, which I'd love to hear more about. Not sure exactly when you passed the baton, Vince.

Questions & Answers

Brian Arthur Johnson;Seetarama Swamy Kotagiri
Barclays Bank PLC, Research Division - MD & Senior Equity Analyst;Magna International Inc. -

I want to start with some questions we've been posing to all suppliers. And we can go through at least a couple of them relatively quickly because, on day 2, we've heard a lot about it. But just want to really start on the shorter term, vehicle production backdrop, what you're seeing in 4Q, both in terms of absolute volumes and the choppiness and level of warning you're getting around call-outs?

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