MAN SE posts higher than expected Q1 operating loss

Newswire

BERLIN, April 26 (Reuters) - Germany's MAN SE on Friday reported a first-quarter operating loss of 82 million euros ($107 million), more than analysts expected, due to the ongoing slump in European truck markets. The loss exceeded a consensus forecast in a Reuters analyst survey of a 22.1 million-euro loss in the period. MAN SE said it now expected group sales to be flat. In its previous outlook published on Feb. 8, it predicted a "slight" decline in overall ...

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