08-04-25
MAN AG / Quarter Results Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. After the high rate of growth in the previous year we took in orders worth EUR5.2 billion in the first quarter (Q1) of 2008, which is an increase of 8% on the already very high figure for the same period last year (EUR4.8 billion). Q1/2008 sales rose by 16% to EUR3.8 billion (up from EUR3.3 billion). In the first quarter of 2008 the operating profit of the MAN Group rose by EUR137 million or 43% to EUR455 million as a result of the further increase in volume and the continuation of measures taken by the manufacturing areas to improve efficiency. As a result the return on sales (ROS) rose by 2.3 percentage points from 9.6% in the first quarter of 2007 to 11.9%. The MAN Group's EBT improved in the first quarter to EUR453 million (up from EUR305 million), its EAT (net income) jumping to EUR322 million (up from EUR228 million). Earnings per share (EpS) of continuing operations rose from EUR1.49 a year ago to EUR2.17. For 2008 as a whole we want to achieve for the MAN Group an order intake on a par with the very high level of the previous year. This year we will increase sales by a good 10% on the previous year (EUR15.5 billion). We want to keep the return on sales (ROS) for this year at the high level of the first three months (11.9%), so that the operating profit for the entire year 2008 will be noticeably higher than the EUR1,730 million in 2007. MAN Aktiengesellschaft The Executive Board 25.04.2008 Financial News transmitted by DGAP