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Man SE (MANG.DE)

MANG.DE on Xetra

96.53EUR
28 Mar 2017
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Latest Key Developments (Source: Significant Developments)

MAN says kicks off restructuring of Diesel & Turbo
Tuesday, 27 Sep 2016 05:31am EDT 

MAN : Diesel & Turbo announces start of future strategy programme . Says under proposed plan each MAN site will specialise in more clearly defined area . Future programme aimed at improving results by over 450 million eur . Anticipates that around 1,400 staff will be affected by the planned measures . Says expect orders for new turbo engines to remain at their current low level also in the coming years Further company coverage: [MANG.DE] (Reporting By Georgina Prodhan) ((georgina.prodhan@thomsonreuters.com;)).  Full Article

MAN CEO says Diesel & Turbo environment remains tough
Wednesday, 15 Jun 2016 04:08am EDT 

MAN : CEO says 2016 market environment for Diesel & Turbo to remain difficult, sees Power Engineering orders flat . CEO says sold significantly more trucks and buses in Q1 than year ago . CEO reiterates 2016 group sales to be slightly lower, operating profit significantly higher . CEO reiterates Truck and Bus unit to significantly improve profit by end-2017 Further company coverage: [MANG.DE] (Reporting By Georgina Prodhan) ((georgina.prodhan@thomsonreuters.com;)).  Full Article

MAN SE adjusts FY 2015 outlook
Monday, 27 Jul 2015 08:00pm EDT 

MAN SE:Adjusted outlook for full-FY 2015: sales revenue down slightly year-on-year, operating profit significantly impacted primarily by restructuring expenses, operating return on sales more than halved.FY 2014 reported revenues 14,286 million euros.FY 2015 revenue estimate 14,265 million euros - Thomson Reuters I/B/E/S.  Full Article

MAN SE plans to cut 1,800 jobs at trucks unit - Reuters
Wednesday, 24 Jun 2015 07:22am EDT 

MAN SE:Plans to cut around 1,800 jobs at its main trucks division - Reuters.  Full Article

MAN SE confirms FY 2015 outlook
Tuesday, 28 Apr 2015 02:01am EDT 

MAN SE:Outlook for full-year 2015 unchanged.Sees FY 2015 sales revenue on a level with the previous year, stable operating profit.FY 2014 reported revenues 14,286 million euros.FY 2015 revenues 14,348 million euros - Thomson Reuters I/B/E/S.  Full Article

More From Around the Web

Man Group driven to loss by fee income fall, writedowns

LONDON Weak performances in some of its funds and writedowns linked to earlier acquisitions dragged Man Group to a full-year loss, knocking the British hedge fund firm's shares and leading some analysts to question its decisions.