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

Q4 2020 Magna International Inc Earnings Call Transcript

Feb 19, 2021 / 01:00PM GMT

Release Date Price: $83.27 (+10.36%)

Transcript

Operator

Greetings, and welcome to the Q4 2020 results and 2021 outlook conference call. (Operator Instructions) As a reminder, this conference is being recorded Friday, February 19, 2021.

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

Louis Tonelli

Magna International Inc. - VP of IR

Thanks, Maria. Hello, everyone, and welcome to our conference call covering our 2020 results as well as our '21 outlook. Joining me today are Swamy Kotagiri and Vince Galifi.

Yesterday, our Board of Directors met and approved our financial results for 2020 as well as our financial outlook. We issued a press release this morning outlining each of these. 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 forward-looking

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