Magna announces fourth quarter and 2014 results, and stock split

AURORA, ON, Feb. 25, 2015 /CNW/ - Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the fourth quarter and year ended December 31, 2014. THREE MONTHS ENDED DECEMBER 31, YEAR ENDED DECEMBER 31, 2014 2013 2014 2013 Sales $ 9,396 $ 9,174 $ 36,641 $ 34,835 Adjusted EBIT(1) $ 712 $ 607 $ 2,632 $ 2,065 Income from operations before income taxes $ 677 $ 514 $ 2,539 $ 1,905 Net income attributable to Magna International Inc. $ 509 $ 458 $ 1,882 $ 1,561 Diluted earnings per share $ 2.44 $ 2.03 $ 8.69 $ 6.76 All results are reported in millions of U.S. dollars, except per share figures, which are in U.S. dollars. (1) We believe Adjusted EBIT is the most appropriate...