CANADA: Magna reports flat Q4 earnings
Magna - the Canadian-based auto components group - has reported flat earnings for Q4. Net income for the fourth quarter was $119 million versus $120 million in the same quarter of the previous year. The results were broadly in line with analyst forecasts. For 2001 as a whole, net income was £11,026 million, compared to $10,513 million in 2000.
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