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Man SE (MANG.DE)

MANG.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

MAN says kicks off restructuring of Diesel & Turbo
Tuesday, 27 Sep 2016 

MAN : Diesel & Turbo announces start of future strategy programme . Says under proposed plan each MAN site will specialise in more clearly defined area . Future programme aimed at improving results by over 450 million eur . Anticipates that around 1,400 staff will be affected by the planned measures . Says expect orders for new turbo engines to remain at their current low level also in the coming years Further company coverage: [MANG.DE] (Reporting By Georgina Prodhan) ((georgina.prodhan@thomsonreuters.com;)).  Full Article

MAN CEO says Diesel & Turbo environment remains tough
Wednesday, 15 Jun 2016 

MAN : CEO says 2016 market environment for Diesel & Turbo to remain difficult, sees Power Engineering orders flat . CEO says sold significantly more trucks and buses in Q1 than year ago . CEO reiterates 2016 group sales to be slightly lower, operating profit significantly higher . CEO reiterates Truck and Bus unit to significantly improve profit by end-2017 Further company coverage: [MANG.DE] (Reporting By Georgina Prodhan) ((georgina.prodhan@thomsonreuters.com;)).  Full Article

UPDATE 1-Germany clears $1.19 bln in diesel pollution funds for cities

BERLIN, Nov 28 Germany's federal government on Tuesday released 1 billion euros ($1.19 billion) of promised funding to help municipalities tackle diesel pollution but environmentalists doubt the move will help avert bans of polluting vehicles.