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VW's MAN sees significant rise in 2017 operating profit
March 16, 2017 / 7:37 AM / 8 months ago

VW's MAN sees significant rise in 2017 operating profit

(Reuters) - Volkswagen (VOWG_p.DE) division MAN (MANG.DE) expects operating profit to rise significantly in the fiscal year 2017, as the company continues its diesel-engine unit restructuring, which started in September.

Signs of VW and MAN are pictured at a truck service centre in Dortmund July 4, 2011. REUTERS/Ina Fassbender

The German truck maker said on Thursday its operating profit rose to 204 million euros (178 million pounds) in 2016, up from 92 million in the previous year.

($1 = 0.9317 euros)

Reporting by Bartosz Dabrowski; Editing by Maria Sheahan

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