09:45 AM EST - Magna International Inc. : Today reported financial results for the fourth quarter ended December 31, 2023. Sales increased 9% to $10.5 billion, compared to 7% increase in global light vehicle production. Sales increased 4% excluding foreign currency translation and acquisitions net of divestitures. Diluted earnings per share and Adjusted diluted earnings per share increased to $0.94 and $1.33, respectively, compared to $0.33 and $0.94 last year. Magna International Inc.
shares T.MG are trading down $3.89 at $75.01.
