Magna International Inc (NYSE:MGA)
$ 41.78 -0.38 (-0.9%) Market Cap: 12.01 Bil Enterprise Value: 19.01 Bil PE Ratio: 11.17 PB Ratio: 1.04 GF Score: 75/100

Q4 2019 Magna International Inc Earnings Call Transcript

Feb 21, 2020 / 12:00PM GMT
Release Date Price: $51.55 (-1.75%)
Operator

Greetings and welcome to the fourth quarter and year-end 2019 results. (Operator Instructions) As a reminder, this conference is being recorded Friday, February 21, 2020.

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

Louis Tonelli
Magna International Inc. - VP of IR

Thanks, Savanna. Hello, everyone, and welcome to our Fourth Quarter and Year-End 2019 Conference Call. We'll have formal comments today from Don Walker and Vince Galifi. Joining us today are Swamy Kotagiri, 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 fourth quarter and year ended December 31, 2019. We issued a press release this morning for the quarter. You'll find the press release, today's conference call webcast, the slide presentation to go along with the call and our updated quarterly financial review all in the Investor Relations section of our website at magna.com.

Before we get started, just as a

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