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BRIEF-Magna Sees 2020 Free Cash Flow Of $1.4 Billion-$1.6 Billion - Conf Call

Published 2020-02-21, 08:09 a/m
BRIEF-Magna Sees 2020 Free Cash Flow Of $1.4 Billion-$1.6 Billion - Conf Call
MGA
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Feb 21 (Reuters) - Magna International Inc MG.TO :

* MAGNA INTERNATIONAL EXPECTS 2020 FREE CASH FLOW OF $1.4 BILLION-$1.6 BILLION, COMPARED TO $1.6 BILLION-$1.8 BILLION, PREVIOUSLY, DUE TO PULL FORWARD OF ABOUT $200 MILLION OF WORKING CAPITAL INTO 2019 - CONF CALL

* MAGNA INTERNATIONAL CFO SAYS CONTINUES TO EXPECT ABOUT $5.5 BILLION IN FREE CASH FLOW IN THE 2020 TO 2022 TIME FRAME - CONF CALL Further company coverage: MG.TO

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