MAN AG names new mid-term profitability targets


MUNICH, Germany, Feb 17 (Reuters) - German industrial group MAN AG redefined its internal profitability targets but said it would not likely achieve them in 2005, the company said on Thursday. The group is aiming to reach an operating margin of 6 percent and a return on capital employed of 18 percent "as soon as possible," according to a company spokesman. "Reaching these targets in 2005 would be unrealistic," the spokesman added. The operating margin was 3.8 percent in 2004, while ...

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