- Q1 2024 Magna International Inc Earnings Call TranscriptMay 03, 2024€43.45 (-3.25%)Earnings
- Magna International Inc at Wolfe Research Global Auto and Auto Tech Conference TranscriptFeb 15, 2024
- Q4 2023 Magna International Inc Earnings Call TranscriptFeb 09, 2024€50.74 (-6.45%)Earnings
- Magna International Inc at Barclays Global Automotive and Mobility Tech Conference TranscriptNov 30, 2023
- Q3 2023 Magna International Inc Earnings Call TranscriptNov 03, 2023€47.98 (+4.30%)Earnings
- Magna International Inc at Morgan Stanley Laguna Conference TranscriptSep 13, 2023
- Magna International Inc Investor Update TranscriptSep 07, 2023
- Magna International Inc at JPMorgan Auto Conference TranscriptAug 09, 2023
- Q2 2023 Magna International Inc Earnings Call TranscriptAug 04, 2023€57.74 (+0.31%)Earnings
- Q1 2023 Magna International Inc Earnings Call TranscriptMay 05, 2023€48.43 (+5.86%)Earnings
- Magna International Inc at Bank of America Automotive Summit TranscriptApr 05, 2023
- Q4 2022 Magna International Inc Earnings Call TranscriptFeb 10, 2023€51.76 (-15.12%)Earnings
- Magna International Inc to Discuss the Acquisition of Veoneer Active Safety Business Call TranscriptDec 20, 2022
- Magna International Inc at Barclays Global Automotive and Mobility Tech Conference TranscriptDec 01, 2022
- Q3 2022 Magna International Inc Earnings Call TranscriptNov 04, 2022€56.48 (-0.16%)Earnings
- Magna International Inc at JPMorgan Auto Conference TranscriptAug 09, 2022
- Q2 2022 Magna International Inc Earnings Call TranscriptJul 29, 2022€62.23 (+1.47%)Earnings
- Magna International Inc Investor Event TranscriptMay 10, 2022
- Q1 2022 Magna International Inc Earnings Call TranscriptApr 29, 2022€58.85 (+1.78%)Earnings
- Magna International Inc at Wolfe Research Global Auto, Auto Tech and Mobility Conference TranscriptFeb 23, 2022
- Q4 2021 Magna International Inc Earnings Call TranscriptFeb 11, 2022€68.3 (-4.21%)Earnings
- Magna International Inc at JPMorgan Tech/Auto Forum TranscriptJan 05, 2022
- Magna International Inc at Credit Suisse Global Industrials Conference (Virtual) TranscriptDec 01, 2021
- Magna International Inc at Barclays Global Automotive Conference TranscriptNov 18, 2021
- Q3 2021 Magna International Inc Earnings Call TranscriptNov 05, 2021€72 (-0.53%)Earnings
- Magna International Inc at JPMorgan Auto Conference (Virtual) TranscriptAug 12, 2021
- Q2 2021 Magna International Inc Earnings Call TranscriptAug 06, 2021€69.4 (-0.46%)Earnings
- Magna International Inc to Acquire Veoneer Inc Call TranscriptJul 23, 2021
- Magna International Inc at RBC Automotive, Industrials and Transportation Conference (Virtual) TranscriptMay 17, 2021
- Magna International Inc at Citi Car of the Future Virtual Symposium TranscriptMay 12, 2021
- Magna International Inc Annual Shareholders Meeting TranscriptMay 06, 2021
- Q1 2021 Magna International Inc Earnings Call TranscriptMay 06, 2021€79.48 (+1.90%)Earnings
- Magna International Inc Investor Event TranscriptApr 13, 2021
- Magna International Inc at Bank of America Global Automotive Virtual Summit TranscriptMar 30, 2021
- Q4 2020 Magna International Inc Earnings Call TranscriptFeb 19, 2021€62.74 (+0.98%)Earnings
- Magna International Inc at Credit Suisse Global Industrials Conference (Virtual) TranscriptDec 03, 2020
- Magna International Inc at Barclays Global Automotive Conference (Virtual) TranscriptNov 18, 2020
- Q3 2020 Magna International Inc Earnings Call TranscriptNov 06, 2020€48.1 (+3.41%)Earnings
- Magna International Inc Names Seetarama (Swamy) Kotagiri Chief Executive Officer Corporate Call TranscriptOct 20, 2020
- Magna International Inc at Evercore ISI Virtual New Mobility & AI Forum TranscriptSep 22, 2020
- Magna International Inc at CIBC Eastern Institutional Investor Conference (Virtual) TranscriptSep 17, 2020
- Magna International Inc at JPMorgan Auto Conference (Virtual) TranscriptAug 11, 2020
- Q2 2020 Magna International Inc Earnings Call TranscriptAug 07, 2020€41.44 (+0.47%)Earnings
- Magna International Inc at Deutsche Bank Global Auto Industry Conference (Virtual) TranscriptJun 11, 2020
- Magna International Inc at Bank of America Merrill Lynch Global Automotive Summit (Virtual) TranscriptMay 15, 2020
- Magna International Inc Annual Shareholders Meeting TranscriptMay 07, 2020
- Q1 2020 Magna International Inc Earnings Call TranscriptMay 07, 2020€35.25 (+3.75%)Earnings
- Magna International Inc 2020 Investor Day TranscriptFeb 27, 2020
- Q4 2019 Magna International Inc Earnings Call TranscriptFeb 21, 2020€47.35 (-2.39%)Earnings
- Magna International Inc 2020 Outlook Conference Call TranscriptJan 16, 2020
- Magna International Inc at Barclays Global Automotive Conference TranscriptNov 20, 2019
- Q3 2019 Magna International Inc Earnings Call TranscriptNov 08, 2019€51 (-1.14%)Earnings
- Magna International Inc at JPMorgan Auto Conference TranscriptAug 13, 2019
- Q2 2019 Magna International Inc Earnings Call TranscriptAug 08, 2019€44.74 (+5.62%)Earnings
- Magna International Inc Annual Shareholders Meeting TranscriptMay 09, 2019
- Q1 2019 Magna International Inc Earnings Call TranscriptMay 09, 2019€42.31 (-11.52%)Earnings
- Q4 2018 Magna International Inc Earnings Call TranscriptFeb 22, 2019€48.09 (+3.91%)Earnings
Magna International Inc at Wolfe Research Global Auto and Auto Tech Conference Transcript
All right. We'll try to speak over the -- with the noise outside. Our next presentation is -- our next fireside chat is with Magna.
So during the earnings call last week, Magna's management team indicated that they see revenue climbing from $43 billion in 2023 to $50 billion by 2025. So $7 billion of growth. Of that $7 billion of growth, roughly 2/3, so $4.5 billion is coming from megatrend growth areas like ADAS, EV, drivelines and battery enclosures. That business generated $2.5 billion last year. It's expected to reach the low $7 billion by 2026.
But I think even more notably, at least from my perspective, they anticipate significant margin expansion as those businesses ramp. The -- right now, those businesses, and you can just imagine a $2.5 billion business that's consuming $1.2 billion of R&D. So profitability is not very good right now. But as they start to generate revenue, that actually is very meaningful to the bottom line. Their margins at Magna have already improved from 4.4% in 2022 to 5.2% in 2023, they
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