Magna International Inc. Q2 2025 Financial Results

SEC Filing 6-K (0001104659-25-072844)

Magna International Inc. reported its financial results for the second quarter of 2025, showing a 3% decrease in total sales to $10.6 billion compared to the same period in 2024. This decline was primarily due to lower light vehicle production in North America and Europe, the end of production of certain programs, and net customer price concessions. However, income from operations before income taxes increased by 16% to $496 million, driven by productivity and efficiency improvements, higher equity income, and the launch of new programs. Adjusted EBIT rose by 1% to $583 million, with the Adjusted EBIT margin improving by 20 basis points to 5.5%. Diluted earnings per share were $1.35, and adjusted diluted earnings per share increased by 7% to $1.44. The company returned $137 million to shareholders in dividends and updated its 2025 outlook, increasing expectations for total sales, Adjusted EBIT margin, and Adjusted Net Income attributable to Magna.