Vince Galifi, Magna’s Chief Financial Officer

Vince Galifi, Magna’s Chief Financial Officer

“We continue to make investments for the future that are having a short-term negative impact on our margins but are expected to provide long-term growth. The combined strength of our balance sheet and free cash flow allows us to invest while also returning capital to our shareholders.  Between 2019 and 2021, we expect to generate more than $6.5 billion of free cash flow, over 35% of our current market capitalization.”

Format

JPEG

Source

Magna International Inc.

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