Magna International Reports Q1 2025 Financials
Ticker: MGA · Form: 6-K · Filed: May 2, 2025 · CIK: 749098
| Field | Detail |
|---|---|
| Company | Magna International Inc (MGA) |
| Form Type | 6-K |
| Filed Date | May 2, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-results, quarterly-report, automotive
Related Tickers: MGA
TL;DR
Magna Intl (MGA) dropped its Q1 2025 results today, check the 6-K for details.
AI Summary
Magna International Inc. filed a Form 6-K on May 2, 2025, reporting its interim unaudited financial results for the three-month period ending March 31, 2025. The filing includes a press release (Exhibit 99.1) announcing these results. Magna International Inc. is a Canadian company specializing in motor vehicle parts and accessories.
Why It Matters
This filing provides investors with the latest financial performance data for Magna International, a key player in the automotive supply chain, allowing for assessment of its current business health and future prospects.
Risk Assessment
Risk Level: low — This is a routine financial reporting filing (6-K) and does not contain new material events or significant risk disclosures.
Key Players & Entities
- MAGNA INTERNATIONAL INC. (company) — Registrant
- Bassem A. Shakeel (person) — Vice-President, Associate General Counsel and Corporate Secretary
- May 2, 2025 (date) — Filing Date
- March 31, 2025 (date) — End of Reporting Period
- 001-11444 (dollar_amount) — Commission File Number
FAQ
What is the primary purpose of this 6-K filing?
The primary purpose of this 6-K filing is to report Magna International Inc.'s interim unaudited financial results for the three-month period ended March 31, 2025, as announced in a press release dated May 2, 2025.
Who signed this report on behalf of Magna International Inc.?
Bassem A. Shakeel, Vice-President, Associate General Counsel and Corporate Secretary, signed the report on behalf of Magna International Inc.
What is Magna International Inc.'s fiscal year end?
Magna International Inc.'s fiscal year ends on December 31.
What is the SIC code for Magna International Inc.?
The Standard Industrial Classification (SIC) code for Magna International Inc. is 3714, which corresponds to MOTOR VEHICLE PARTS & ACCESSORIES.
Which exhibit contains the financial results announcement?
Exhibit 99.1 contains the press release issued on May 2, 2025, announcing the registrant's interim unaudited financial results for the three-month period ended March 31, 2025.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on May 2, 2025 by Bassem A. Shakeel regarding MAGNA INTERNATIONAL INC (MGA).