07-05-03
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. Q1/2007 order intake at EUR4.8 billion represented a EUR0.9 billion addition versus the year-earlier amount (EUR3.9 billion) and a rise of 23 percent. Q1 sales advanced 15 percent to EUR3.3 billion (Q1/2006: EUR2.9 billion). Q1 operating profit for the MAN Group leaped by 51 percent or EUR107 million from EUR211 million to EUR318 million. As a consequence, Return on sales rose from 7.4 percent in Q1/2006 by 2.2 percentage points to 9.6 percent. The MAN Group’s EBT for Q1/2007 improved by EUR103 million to EUR 305 million (Q1/2006: EUR202 million). Earnings after tax jumped from EUR154 million to EUR228 million. EpS of continuing operations leaped from EUR0.98 to EUR1.49. Assuming a continuation of the congenial capital goods climate, we expect the MAN Group to book orders for all of 2007 in the region of the previous year (EUR16.6 billion). For the MAN Group as such, we expect 2007 to show an overall sales growth of around 10 percent from the 2006 level of EUR13.0 billion. The MAN Group will again report an accelerated improvement in operating profit (2006: EUR1,105 million). ROS should for the year as a whole maintain the Q1/2007 level of 9.6 percent (up from 8.5 percent in 2006). MAN Aktiengesellschaft The Executive Board DGAP 03.05.2007