UPDATE 1-MAN SE lowers targets as profit slumps

Newswire

* 2012 group profit margin now seen at 6 pct vs. 8.5 pct * First-half op. profit 471 mln euros vs. 762 mln in 2011 (Adds detail from statement, background) By Andreas Cremer BERLIN, July 25 (Reuters) - German truck maker MAN SE lowered its targeted profit margin this year as Europe's deepening debt crisis and the slowing world economy erode demand for commercial vehicles. First-half operating profit plunged 38.2 percent to ...

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