Magna International Presents 2030 Financial Targets at Investor Day

AI-generated NewsSnap summary based on source reporting.
Published: 2026-11-11
Category: business
Source: Magna International Inc.
Original source

Magna International Inc. (TSX: MG; NYSE: MGA) held its 2026 Investor Day, where it unveiled new financial targets extending to 2030. The company aims for organic sales growth 2-4% above market, an Adjusted EBIT margin expansion of at least 200 basis points, and Adjusted EPS growth of 15% or more. Magna also anticipates generating approximately $5 billion in free cash flow from 2022-2026 and plans to return about $5.5 billion to shareholders through dividends and share repurchases.

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