Magna International Inc operates within the Motor vehicle parts and accessories sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Magna International Inc with three other
automobile manufacturers in North America:
Honeywell International Incorporated
of UNITED STATES
(2019
sales of $36.71 billion
of which 38%
was Aerospace Systems),
Lear Corporation
of UNITED STATES
($19.81 billion
of which 76%
was Seating), and
Tenneco Inc.
which is
also
based in UNITED STATES
($17.45 billion
of which 41%
was Clean Air).
Sales Analysis.
During the year ended December of 2019, sales at
Magna International Inc were C$52.17 billion (US$40.99 billion).
This
is
a
decrease of 1.7%
versus 2018, when the company's sales were C$53.05 billion.
Contributing to the drop in overall sales was the 6.5% decline
in Power and Vision, from C$16.01 billion to C$14.97 billion.
There were also decreases in sales in
Body Exteriors and Structures (down 4.4% to C$21.78 billion)
.
However, these declines were partially offset by the increase in sales of
Complete Vehicle Assembly (up 13.5% to C$8.87 billion)
and
Seating Systems (up 2.4% to C$7.38 billion)
.