Magna International has recorded a 25.6% increase in its net income for CY2007 to US$663m, up from US$528m posted in 2006. This translates into diluted earnings per share of US$5.86 compared with US$4.78 a year earlier.
Sales for the year totalled US$26.07bn, an 8% increase over 2006 figures of US$24.18bn. Average …
This article is available only to members of Automotive World. If you are already a member, please login to your account.
Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars.