CORRECTED - UPDATE 1-MAN AG's Q2 oper profit up 54 pct, hikes targets

Newswire

(Corrects seventh pareagraph, to show operating margin of commercial vehicles division expected to be 9.4 percent, not 8.0 percent) MUNICH, July 31 (Reuters) - German industrial and commercial vehicles group MAN raised its full-year forecasts on Tuesday after reporting second-quarter operating profit jumped by 54 percent, beating expectations. Operating profit rose to 403 million euros ($551 million), against an average estimate 380 million euros from a Reuters poll of 15 analysts. MAN ...

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