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Magna International, Inc. (MGA) CEO Don Walker on Q1 2020 Results - Earnings Call Transcript

May 08, 2020 1:24 AM ETMagna International Inc. (MGA), MG:CA
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Magna International, Inc. (NYSE:MGA) Q1 2020 Earnings Conference Call May 7, 2020 8:00 AM ET

Company Participants

Louis Tonelli - Vice President, Investor Relations

Don Walker - Chief Executive Officer

Vince Galifi - Chief Financial Officer

Swamy Kotagiri - President

Eric Goldstein - Investor Relations

Jim Floros - Investor Relations

Conference Call Participants

John Murphy - Bank of America Merrill Lynch

Itay Michaeli - Citigroup

Dan Levy - Credit Suisse

James Picariello - KeyBanc

Rod Lache - Wolfe Research

Peter Sklar - BMO Capital Markets

Brian Johnson - Barclays

Michael Glen - Raymond James


Greetings and welcome to the First Quarter 2020 Results. [Operator Instructions] As a reminder, today’s call is being recorded Thursday, May 7, 2020. Now, I would like to turn the conference over to Louis Tonelli, Vice President, Investor Relations. Please go ahead.

Louis Tonelli

Thanks, Tommy. Hello, everyone and welcome to our first quarter 2020 conference call. We will have formal comments today from Don Walker, Swamy Kotagiri and Vince Galifi. Joining us today are Eric Goldstein and Jim Floros from Magna’s IR team.

Yesterday, our Board of Directors met and approved our financial results for the first quarter ended March 31, 2020. We issued a press release this morning for the quarter. You will find the press release, today’s conference call webcast, the slide presentation to go along with the call and our updated quarterly financial review all in the Investor Relations section of our website at magna.com.

Before we get started, just as a reminder, the discussion today may contain forward-looking information or forward-looking statements within the meaning of applicable securities legislation. Such statements involve certain risks, assumptions and uncertainties, which may cause the company’s actual or future results and performance to be materially different from those expressed or implied in these statements. Please refer to today’s press release

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