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 Bank of America Automotive Summit Transcript

Apr 05, 2023 / 12:50PM GMT

Release Date Price: €47.54 (-2.74%)

Transcript

John Joseph Murphy

BofA Securities, Research Division - MD and Lead United States Auto Analyst

Great. Well, thanks, everybody, for joining us again. Next up, we have Magna, which is depending on the year, the #3 largest supplier in the world, plus or minus, depending on the year. Magna has always been a tech leader in developing and manufacturing numerous parts of the vehicle. In fact, they actually assemble full vehicles and help design and engineer them for a number of manufacturers. One of the high lines there is the Fisker. Right now, Fisker Ocean, which is actually an unbelievable vehicle. If you get a chance to drive it, it's not just because it's a Fisker, but a lot of that has to do with design engineering assembly by the folks here at Magna.

Today, we're happy to have Pat McCann, CFO; and Louis Tonelli, Head of Investor Relations. Both of which are always incredibly helpful to us all the time. So thank you so much for joining us, guys.

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