Magna International Inc (NYSE:MGA)
$ 41.79 -0.37 (-0.88%) Market Cap: 12.01 Bil Enterprise Value: 19.00 Bil PE Ratio: 11.17 PB Ratio: 1.04 GF Score: 75/100

Q3 2019 Magna International Inc Earnings Call Transcript

Nov 08, 2019 / 01:00PM GMT
Release Date Price: $56.55 (-0.21%)
Operator

Greetings, and welcome to the third quarter 2019 results conference call. (Operator Instructions) As a reminder, this conference is being recorded, Friday, November 8, 2019.

I would now like to turn the conference over to Louis Tonelli, Vice President, Investor Relations. Please go ahead.

Louis Tonelli
Magna International Inc. - VP of IR

Thanks, Rita. Hello, everyone, and welcome to our third quarter 2019 conference call. We will have formal comments today from Don Walker, Chief Executive Officer; and Vince Galifi, Chief Financial Officer. Joining us today are Swamy Kotagiri, Chief Technology Officer and President of our Power & Vision segment; as well as Eric Goldstein and Jim Floros from our IR team.

Yesterday, our Board of Directors met and approved our financial results for the third quarter ended September 30, 2019. We issued a press release this morning for the quarter. You'll find the press release, today's conference call webcast, the slide presentations go along with the call and our updated quarterly financial review all in the

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