BRIEF-Magna Q1 sales $8.9 billion

Thu May 5, 2016 9:30am EDT
 
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May 5 (Reuters) - Magna International Inc Sees 2016 Total Production Sales $30.7 Bln

* Magna announces first quarter results

* Q1 sales $8.9 billion versus i/b/e/s view $8.64 billion

* Qtrly earnings per share $1.22 from continuing operations

* Magna international inc sees 2016 light vehicle production in north america 18.0 million units

* On may 2, 2016 , magna increased its revolving credit facility by $500 million to $2.75 billion

* On may 2, 2016 , magna extended final maturity date from june 22, 2020 to june 22 , 2021 on its revolving credit facility

* Q1 earnings per share view $1.19 -- Thomson Reuters I/B/E/S

* $32.0 billion   Continued...