UPDATE 2-Magna 2014 forecast lags on revenue, exceeds on margin

Newswire

By Susan Taylor TORONTO, Jan 15 (Reuters) - Canadian auto parts maker Magna International Inc forecast 2014 revenue slightly below analysts' expectations on Wednesday, but estimated strong operating margins as it restructures its European operations. The company, one of the world's largest parts suppliers, said its outlook also reflected efforts to expand its business in high-growth areas, notably Asia. Shares of the Aurora, ...

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