Fri. 9 Feb 2024, 5:07am ET
Benzinga
News, Guidance
2024 and 2026 Outlook
2024 | 2026 | |
Segment Sales Body Exteriors & Structures Power & Vision Seating Systems Complete Vehicles |
$17.4 - $18.0 billion $15.8 - $16.2 billion $5.5 - $5.8 billion $5.6 - $5.9 billion |
$19.6 - $20.6 billion $16.8 - $17.4 billion $6.5 - $6.9 billion $6.1 - $6.5 billion |
Total Sales | $43.8 - $45.4 billion | $48.8 - $51.2 billion |
Adjusted EBIT Margin(2) | 5.4% - 6.0% | 7.0% - 7.7% |
Equity Income (included in EBIT) | $120 - $150 million | $165 - $210 million |
Interest Expense, net | Approximately $230 million | |
Income Tax Rate(3) | Approximately 21% | |
Adjusted Net Income attributable to Magna(4) | $1.6 - $1.8 billion | |
Capital Spending | Approximately $2.5 billion | |
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