UPDATE 1-MAN 2003 sales just miss expectations


(Adds background on SMS sale) FRANKFURT, Jan 15 (Reuters) - German trucks and engineering group MAN said on Thursday 2003 revenues slipped to 15 billion euros ($19 billion) after the sale of a stake in its SMS industrial equipment business, just under expectations. The group, which supplied the diesel engines that power the QE2 cruise ship and also builds space rocket components, said it still expected to achieve higher pre-tax profits in 2003 even without the proceeds from the SMS sale ...

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