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

Q3 2020 Magna International Inc Earnings Call Transcript

Nov 06, 2020 / 01:00PM GMT

Release Date Price: $57.42 (+3.68%)

Transcript

Operator

Greetings, and welcome to the third quarter 2020 results conference Call. (Operator Instructions) As a reminder, this conference is being recorded, Friday, November 6, 2020.

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

Louis Tonelli

Magna International Inc. - VP of IR

Thanks, Jason. Hello, everyone, and welcome to our third quarter 2020 conference call. Joining me today are Don Walker, Swamy Kotagiri and Vince Galifi. We will have formal comments today from Don and Vince.

Yesterday, our Board of Directors met and approved our financial results for the third quarter ended September 30, 2020. 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 reminder, the discussion today may contain forward-looking information or

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