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 2023 Magna International Inc Earnings Call Transcript

Aug 04, 2023 / 12:00PM GMT

Release Date Price: $60.9 (-3.43%)

Transcript

Operator

Greetings, and welcome to the Q2 2023 Results Conference Call. (Operator Instructions) As a reminder, this conference is being recorded, Friday, August 4, 2023.

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

Louis Tonelli

Magna International Inc. - VP of IR

Thanks, Rita. Hello, everyone, and welcome to our conference call covering our second quarter 2023. Joining me today are Swamy Kotagiri and Pat McCann. Yesterday, our Board of Directors met and approved our financial results for the second quarter of '23 as well as our '23 outlook -- our updated '23 outlook. We issued a press release this morning outlining our results. 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 statements

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