UPDATE 2-MAN AG's Q2 profit up 54 pct, raises targets

Newswire

(Adds comments from management, analysts, share) By Christiaan Hetzner MUNICH, July 31 (Reuters) - German industrial and commercial vehicles group MAN AG raised full-year forecasts on Tuesday after reporting a better than expected 54 percent rise in its second-quarter operating profit, boosting its shares. MAN had little comment to make on a potential tie-up with Swedish rival Scania , denying that there had been any new developments to report in the long-running saga. Second-quarter ...

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