Magna ups FY25 revenue view to $40.4B-$42B from $40B-$41.6B, consensus $40.4B

Narrows FY25 adjusted EBITDA margin view to 5.2%-5.6% from 5.1%-5.6%. Raises FY25 capital spending view to $1.6B-$1.7B from $1.7B-$.18B. The company said, “Light vehicle production assumptions reflect near-term original equipment manufacturer production release information, including announced production downtime at certain OEM assembly facilities, but do not include the potential impact of tariffs and other trade measures on vehicle costs, vehicle affordability or consumer demand, nor the impact of these on vehicle production.”