汽車零部件製造商麥格納第四季度業績超出預期,但因電動汽車不確定性和市場變化再次下調2026年銷售目標

財報速遞
02-14

麥格納國際公司(NYSE:MGA)股價週五盤前交易中下跌。 公司報告第四季度銷售額同比增長2%,達到106.3億美元,高於分析師預期的103.4億美元。 車身外觀與結構部門銷售額下降3%,動力與視覺部門持平,座椅系統部門增長6%,成車部門銷售額增長17%。 本季度稅前營業收入爲3.81億美元,營業利潤率爲3.6%。 調整後的息稅前利潤爲6.89億美元,調整後的息稅前利潤率爲6.5%。調整後的每股收益爲1.69美元,高於預期的1.52美元。 本季度營業現金流總計19億美元。公司在第四季度回購了460萬股,花費2.02億美元。 截至2024年12月31日,麥格納持有12.5億美元的現金和等價物。 公司董事會宣佈每股0.485美元的股息,將於2025年3月14日支付給截至2025年2月28日營業結束時的股東。這比第三季度每股0.475美元的股息高出2%。 麥格納對2025財政年度銷售預期爲386億至402億美元,而分析師預期爲425.8億美元。調整後息稅前利潤率預計爲5.3%至5.8%。 麥格納對2026財政年度銷售預期爲405億至426億美元,相比先前修正預期的440億至465億美元有所下降;調整後息稅前利潤率預計爲6.5%至7.2%,而之前的預期爲6.7%至7.4%。 公司表示,由於近期行業挑戰,包括輕型車輛生產波動、電動汽車接受率不確定性、OEM項目校準行動、市場份額變化和政府政策不確定性,未來預測更加困難。 價格走勢:截至最後檢查,MGA股價下跌6.10%,至37.25美元。 圖片來源:Shutterstock。

以上內容來自Benzinga Earnings專欄,原文如下:

Magna International Inc (NYSE:MGA) shares are trading lower in premarket on Friday.

The company reported fourth-quarter sales growth of 2% year-on-year to $10.63 billion, beating the analyst consensus estimate of $10.34 billion.

Body Exteriors & Structures segment sales decreased 3%, Power & Vision remained flat, Seating Systems climbed 6%, and Complete Vehicles sales gained 17%.

Operating income before income taxes for the quarter was $381 million, with an operating margin of 3.6%.

Adjusted EBIT was $689 million with an adjusted EBIT margin of 6.5%. Adjusted EPS of $1.69 beat the consensus estimate of $1.52.

Also Read: Consumer Giant Unilever Warns On Slower Start To 2025, Ice Cream Spin-Off Moves Forward With Amsterdam Incorporation

The operating cash flow for the quarter totaled $1.9 billion. The company repurchased 4.6 million shares for $202 million in the fourth quarter.

Magna held $1.25 billion in cash and equivalents as of December 31, 2024.

The company’s Board declared a dividend of $0.485 per share, payable on March 14, 2025 to shareholders of record as of the close of business on February 28, 2025. This represents a 2% higher dividend than the third quarter dividend of $0.475 per share.

“In 2024, we successfully drove margin expansion and increased cash flow generation through deliberate actions related to operational excellence, restructuring, reduced capital spending, and commercial recoveries,” said CEO Swamy Kotagiri.

Outlook: Magna sees FY25 sales of $38.6 billion – $40.2 billion versus the estimate of $42.58 billion. Magna sees adjusted EBIT margin of 5.3% – 5.8%.

Magna sees FY26 sales of $40.5 billion – $42.6 billion, down from the prior revised outlook of $44.0 billion – $46.5 billion; adjusted EBIT margin of 6.5% – 7.2% versus the previous outlook of 6.7% – 7.4%.

The company noted that forward forecasting is more difficult due to recent industry challenges, including light vehicle production volatility, uncertain electric vehicle take-rates, OEM program recalibration actions, market share shifts, and uncertain government policies.

Price Action: MGA shares are trading lower by 6.10% at $37.25 at the last check Friday.

Read Next:

  • HanesBrands Q4 Earnings: Sales Miss, Gloomy FY25 Outlook, CEO Exit And More

Photo via Shutterstock.

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