UPDATE 2-MAN AG aims for over $1 bln operating profit by 2007

Newswire

(Adds CEO comments, 2007 outlook, analyst comment, share) By Christiaan Hetzner MUNICH, Feb 21 (Reuters) - German industrial conglomerate MAN AG is aiming for an operating profit of more than $1 billion by 2007 as part of its programme to boost profitability over its business cycle, it said on Tuesday. "A 6 percent operating margin target corresponds to an improvement of more than 300 million euros over the 2004 level," Chief Executive Hakan Samuelsson told reporters during the annual ...

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