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MAN brand

Another successful brand in the Volkswagen Group

MAN has been in business for over 250 years. On November 9, 2011, Volkswagen increased its equity interest in MAN SE to 55.90% of the voting rights and 53.71% of the share capital and therefore consolidated another successful brand in the Group.

MAN (logo)

BUSINESS DEVELOPMENT

MAN’ s roots can be traced back to 1758. Today, MAN is one of Europe’s leading manufacturers of commercial vehicles, engines and mechanical engineering equipment, employing more than 53,500 people. The company develops, produces and sells trucks, buses, large-bore diesel engines, turbomachinery and turnkey power plants, with all its divisions holding leading positions in their respective markets. Special gear units, propulsion components and testing systems round off its offering.

MAN Neoplan Skyliner (photo)

MAN Neoplan Skyliner

On November 9, 2011, Volkswagen increased its equity interest in MAN SE to 55.90% of the voting rights and 53.71% of the share capital and therefore consolidated another successful brand in the Group. The key figures presented in this chapter comprise the Trucks and Buses, Power Engineering and Financial Services businesses and relate to the period from November 9 to December 31, 2011.

The MAN brand’s deliveries to customers amounted to 24,750 units in that period. Around 40.2% of these vehicles were sold in Western Europe, while approximately 37.8% went to South America. In Brazil, MAN sold 8,311 units. 3,092 buses were delivered in the same period.

MAN produced 23,717 vehicles between November 9 and December 31 of the reporting period, of which 3,146 were buses.

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MAN BRAND

 

 

 

 

2011*

*

November 9 to December 31, 2011.

Deliveries

 

24,750

Vehicle sales

 

24,750

Production

 

23,717

Sales revenue (€ million)

 

2,652

Operating profit

 

193

as % of sales revenue

 

7.3

253

YEARS IN BUSINESS

SALES REVENUE AND EARNINGS

The commercial vehicles and mechanical engineering sectors continued to recover in fiscal year 2011. MAN was able to capitalize on its strong market position in both areas, recording sales revenue of €2.7 billion in the consolidation period. Operating profit amounted to €193 million. The operating return on sales was 7.3%. MAN will continue to systematically pursue its international growth strategy while at the same time making its cost structures more flexible so that it can build on its success story.

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PRODUCTION

 

 

Units

 

2011*

*

November 9 to December 31, 2011.

Trucks

 

20,571

Buses

 

3,146

 

 

23,717

MAN TGX EfficientLine (photo)

MAN TGX EfficientLine

 FURTHER INFORMATION www.man.eu

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