Magna International Inc (NYSE:MGA)
$ 41.71 -0.45 (-1.07%) Market Cap: 11.99 Bil Enterprise Value: 19.03 Bil PE Ratio: 11.15 PB Ratio: 1.04 GF Score: 75/100

Magna International Inc at RBC Automotive, Industrials and Transportation Conference (Virtual) Transcript

May 17, 2021 / 04:05PM GMT
Release Date Price: $97.31 (+0.73%)
Joseph Robert Spak;Seetarama Swamy Kotagiri
RBC Capital Markets, Research Division - Autos and Leisure Analyst;Magna International Inc. - CEO & Director

Pinch hitting here for Steve Arthur today for the Canadian conference. Very pleased to be joined by Magna, one of the largest automotive suppliers in the world. From the company, we're very pleased to have with us, Swamy Kotagiri, Chief Executive Officer; Vince Galifi, CFO; and Louis Tonelli, VP of Investor Relations.

The format for this session is fireside chat. I prepared a number of questions and topics, but I highly encourage investors to get involved in discussion and ask questions as well. And to do so, it's quite easy. You type it in on the box on your webcast window. It pops up on my end, I can ask it anonymously and integrate it into the conversation.

Before we get started with the discussion, I am going to turn it over to Swamy for some introductory comments. So Swamy, I realize it's an extremely busy time in the industry and always at Magna. So thank you for joining us today. Take it away.

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