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Canada: Magna targets 2010 revenue of US$19bn-20bn

Magna posted revenue of US$17,367m in 2008, down 26.7% from US$23,704m in 2008, resulting in an EBIT loss of US$504m, a US$770m reversal from positive earnings of US$266m seen in the previous year. The 2009 net loss was US$493m versus a profit of US$71m in 2008. Despite an improvement in Subscribe to Automotive World to … Continued

Magna posted revenue of US$17,367m in 2008, down 26.7% from US$23,704m in 2008, resulting in an EBIT loss of US$504m, a US$770m reversal from positive earnings of US$266m seen in the previous year. The 2009 net loss was US$493m versus a profit of US$71m in 2008. Despite an improvement in

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https://www.automotiveworld.com/articles/80992-canada-magna-targets-2010-revenue-of-us-19bn-20bn/

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