Magna International Raises 2025 Sales Forecast on Strong Auto Production Outlook

Magna International has raised its full-year 2025 sales and adjusted net income guidance, signaling confidence in a stronger global auto market. The company now forecasts sales between $41.1 billion and $42.1 billion, up from previous estimates of $40.4 billion to $42 billion, driven by increased vehicle production forecasts in North America and China. Adjusted net income guidance was raised to a range of $1.45 billion to $1.55 billion, reflecting improved financial outlook despite a drop in net income due to non-recurring items. Magna's third-quarter sales rose to $10.46 billion, beating expectations, while adjusted earnings per share surpassed analyst estimates. The company also declared a fourth-quarter dividend, underscoring its financial strength. Magna's stock responded positively to the guidance upgrade, rising notably in both Canadian and U.S. markets.