Magna International Inc. provided earnings guidance for the year 2018 and 2020. For the year 2018, the company expected total sales of $39.3 billion to $41.5 billion. EBIT margin of 7.9% to 8.2%. Equity income (included in EBIT) of $335 million to $375 million. Net income attributable to company of $2.3 billion to $2.5 billion. Capital Spending of Approximately $1.8 billion. For the year 2020, the company expected total sales of $42.7 billion to $45.7 billion compared to a range of $35.9 billion to $37.1 billion for 2017. EBIT margin of 8.5% to 8.9%. Equity income (included in EBIT) of $400 million to $450 million.