(Repeats to move misplaced word "grew" in lead)
FRANKFURT, Aug 1 (Reuters) - German industrial conglomerate MAN AG raised its sales and profit targets after reporting second-quarter operating profit grew by 60 percent on the back of a continued boom in its core commercial vehicles business.
Earnings before interest and tax (EBIT) rose to 273 million euros ($348.2 million), beating an average forecast of 242 million euros according to a Reuters poll of 23 analysts.
...Sign in to access
this Article
"Germany's MAN raises forecasts on jump in Q2 EBIT" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.
