MAN AG / Final Results
19.02.2009
Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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2008 was another successful year for the MAN Group despite the effects of
the financial crisis. At EUR 1,729 million (+11%), the Group's operating
profit was the best in its 250 year history (previous year: EUR 1,551
million). Its return on sales (ROS) rose to 11.6% (previous year: 11.0%),
again well above the target figure.
Revenue increased by 6% to EUR 14.9 billion. As in the previous year, MAN
delivered more than 100,000 vehicles in 2008. However, demand for
commercial vehicles fell sharply in the second half of the year. This was
reflected in the decline in the order intake to EUR 14.0 billion (-21%).
Losses from nonrecurring factors amounted to EUR 106 million in 2008. At
EUR 1,643 million (previous year: EUR 1,679 million), the MAN Group's
earnings before tax virtually matched the previous year's record figure
despite the impact of nonrecurring factors.
The MAN Group's net income totaled EUR 1,247 million, up slightly on the
prior-year figure of EUR 1,225 million. Earnings per share from continuing
operations rose from EUR 7.27 to EUR 7.76 (+7%). Earnings per share
excluding nonrecurring result amounted to EUR 8.12 (+16%).
The Executive Board and the Supervisory Board propose a dividend of EUR
2.00 per share to the Annual General Meeting.
MAN Aktiengesellschaft
The Executive Board
DGAP 19.02.2009
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Language: English
Issuer: MAN AG
Landsberger Str. 110
80339 München
Deutschland
Phone: +49 (0)89 360 98-334
Fax: +49 (0)89 360 98-556
E-mail: investor.relations@man.eu
Internet: www.man.eu
ISIN: DE0005937007
WKN: 593700
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Hannover, Düsseldorf, Stuttgart, München, Hamburg;
Terminbörse EUREX
End of News DGAP News-Service
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DGAP-Adhoc: MAN AG: MAN Group lays solid foundations in 2008 for difficult times
| Source: EQS Group AG