Magna reports net sales at $10.5B in Q3, up 2% YoY

News
Financial results
ATI News Team

Magna's adjusted EBIT rose to $613 million, but income before taxes dropped to $473 million

Magna International Inc. reported its financial results for the third quarter ended Sept. 30, with sales reaching $10.5 billion, a 2% increase from the same period in 2024, according to an Oct. 31 earnings release.

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