Magna International Inc (NYSE:MGA)

$ 44.19 0.02 (0.05%) Market Cap: 12.71 Bil Enterprise Value: 19.23 Bil PE Ratio: 11.82 PB Ratio: 1.06 GF Score: 76/100

Q2 2019 Magna International Inc Earnings Call Transcript

Aug 08, 2019 / 12:00PM GMT

Release Date Price: $50.06 (+3.43%)

Transcript

Operator

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

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

Louis Tonelli

Magna International Inc. - VP of IR

Thanks, Ikline. Hello, everyone, and welcome to our second quarter 2019 conference call. We will have formal comments today from 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 second quarter ended June 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 presentation that go along with the call and our updated quarterly financial review all in the Investor Relations section of our

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