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 ...
Premium Content (PAID Subscription Required)
"MAN AG names new mid-term profitability targets" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.