Magna 2016 net income up 4.3% y/y to USD2.9 billion
Expects total sales between USD36 billion and USD37.7 billion in 2017
Magna has reported a 4.3% year-on-year (y/y) growth in net income to USD2.9 billion in the fiscal year ended 31 December 2016, according to a company press release.
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