MAN trucks unit sees profit growth in current year


FRANKFURT, March 17 (Reuters) - German industrial group MAN AG expects profits to grow at its core commercial vehicles unit by a high single-digit percentage this year, the unit said on Thursday. It reaffirmed that revenues would grow by 5 percent in 2005, while adding that its operating profit margin would be at least 5 percent. Last month MAN forecast a margin of more than 5 percent for its trucks and buses division.

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