Magna reports strong growth in Q1 earnings as sales rise 3.1% year over year to $10.4 billion
Magna has raised its full-year financial outlook for 2026, expecting sales ranging from $41.9 billion to $43.5 billion and an adjusted EBIT margin between 6% and 6.6%
Magna reported a 3.1% year-over-year increase in sales to $10.4 billion in the first quarter ended March 31, 2026.
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