Magna’s FY 2022 net sales up 4.40% y/y to USD37.8 billion

News
Financial results

Operating income fell to USD878 million from USD1,948 million

Magna has reported a 4.40% year-on-year (y/y) growth in net sales for the full year 2022 at USD37.8 billion, according to a company press release on 10 February 2023.

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