February 24, 2017 / 10:16 AM / 6 months ago

Canada's Magna International posts 8 pct rise in sales

Feb 24 (Reuters) - Canadian auto parts maker Magna International Inc posted an 8 percent rise in fourth-quarter sales due to higher demand.

The company's total sales rose to $9.25 billion in the three months ended Dec. 31 from $8.57 billion a year earlier.

Net income attributable to Magna was little changed at $478 million, or $1.24 per share, compared with $476 million, or $1.17 per share, a year earlier. (Reporting by Vishaka George in Bengaluru; Editing by Savio D'Souza)

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