UPDATE 2-MAN sees higher profits as orders strengthen

Newswire

(Adds share price, analyst comment, detail on divisions) By Nick Tattersall FRANKFURT, Jan 15 (Reuters) - Trucks and engineering group MAN said on Thursday its revenues had slipped last year after it sold its SMS industrial equipment business, but said profits would be higher even without the sale proceeds. The group, which also supplies diesel engines that power cruise ships and builds space rocket components, said 2003 pre-tax earnings would be higher than the 219 million euros ($278 ...

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