Magna International Reports Q1 2025 Financials

Ticker: MGA · Form: 6-K · Filed: 2025-05-02T00:00:00.000Z

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

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.

From the Filing

0001104659-25-043676.txt : 20250502 0001104659-25-043676.hdr.sgml : 20250502 20250502060231 ACCESSION NUMBER: 0001104659-25-043676 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 23 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250502 DATE AS OF CHANGE: 20250502 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAGNA INTERNATIONAL INC CENTRAL INDEX KEY: 0000749098 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing EIN: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11444 FILM NUMBER: 25905364 BUSINESS ADDRESS: STREET 1: 337 MAGNA DRIVE STREET 2: N/A CITY: AURORA, ONTARIO, CAN STATE: A6 ZIP: L4G 7K1 BUSINESS PHONE: 9057262462 MAIL ADDRESS: STREET 1: 337 MAGNA DRIVE STREET 2: N/A CITY: AURORA, ONTARIO, CAN STATE: A6 ZIP: L4G 7K1 6-K 1 tm2513263d1_6k.htm FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 For the month of May 2025 Commission File Number 001-11444 MAGNA INTERNATIONAL INC. (Exact Name of Registrant as specified in its Charter) 337 Magna Drive , Aurora, Ontario, Canada L4G 7K1 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F o Form 40-F x SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. MAGNA INTERNATIONAL INC. (Registrant) Date: May 2, 2025 By: /s/ “Bassem Shakeel” Bassem A. Shakeel, Vice-President, Associate General Counsel and Corporate Secretary EXHIBITS Exhibit 99.1 Press release issued May 2, 2025, in which the Registrant announced its interim unaudited financial results for the three-month period ended March 31, 2025, and declared a quarterly dividend. Exhibit 99.2 The First Quarter Report of the Registrant, including its unaudited interim consolidated financial statements and Management's Discussion and Analysis of Results of Operations and Financial Position for the three-month period ended March 31, 2025. Exhibit 99.3 Certificate of the Chief Executive Officer of the Registrant, Seetarama (Swamy) Kotagiri, dated May 2, 2025, on Form 52-109F2 pursuant to the Canadian Securities Administrators' Multilateral Instrument 52-109 Certification of Disclosure in Issuers' Annual and Interim Filings. Exhibit 99.4 Certificate of the Chief Financial Officer of the Registrant, Patrick W.D. McCann, dated May 2, 2025, on Form 52-109F2 pursuant to the Canadian Securities Administrators' Multilateral Instrument 52-109 Certification of Disclosure in Issuers' Annual and Interim Filings. EX-99.1 2 tm2513263d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 PRESS RELEASE MAGNA ANNOUNCES FIRST QUARTER 2025 RESULTS · Comparing the first quarter of 2025 to the first quarter of 2024:  ̵ Sales decreased 8% to $10.1 billion, as global light vehicle production decreased 3%, which included 8% and 5% declines in Europe and North America, respectively  ̵ Diluted earnings per share of $0.52 and Adjusted diluted earnings per share of $0.78, compared to $0.03 and $1.08, respectively · First quarter performance was broadly ahead of our expectations driven by strong incremental margins on better than anticipated vehicle production · Returned $187 million to shareholders through dividends and share repurchases · Updated 2025 Outlook excludes potential impacts of tariffs including on light vehicle production, full year 2025 range of adjusted net income attributable to shareholders unchanged AURORA, Ontario, May 2, 2025 — Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the first quarter ended March 31, 2025. "Our o

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