Magna targets at least 15% annual adjusted earnings growth through 2030
Magna International set a target for at least 15% compound annual adjusted earnings growth through 2030, as part of a multiyear roadmap focused on margin expansion, cash flow conversion and share repurchases.
By Adriano MarcheseCanadian auto-parts supplier Magna International set a target of at least 15% compound annual adjusted earnings growth through 2030, as part of its multiyear roadmap centered on margin expansion, cash flow conversion and share repurchases.On Wednesday, Magna said it expects to ou…