Germany's MAN misses Q4 pre-tax profit forecast

Newswire

MUNICH, Germany, Feb 17 (Reuters) - German industrial group MAN AG on Thursday reported a rise in fourth quarter pre-tax profit to 205 million euros ($267 million), missing the Reuters' analyst forecast of 213 million euro. Sales in the fourth quarter rose by 8 percent to 4.6 billion euros, Europe's third-largest truckmaker said in a statement. MAN also said it expected sales and order intake to further rise in 2005 and profit to improve significantly. The Munich-based firm proposed a ...

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