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MOTORINDIA
l
July 2012
16.5 billion and operating profit of
Euro 1,483 million in 2011. Its re-
turn on sales increased from 7.1 per
cent in the previous year to nine
per cent. Although financial market
uncertainties led to weakening mo-
mentum in the course of the year,
the trend remained positive, leading
to strong earnings for the group.
“MAN today stands for leading-
edge technologies, international co-
operation, customer orientation, and
strong market positions. This can
be seen in our key figures for 2011.
MAN has generated record revenue
of Euro 16.5 billion which is 12 per
cent more than in the previous year”,
says Dr. Georg Pachta-Reyhofen,
Chief Executive Officer, MAN SE.
Impressive numbers
The revenue increase was largely
due to the commercial vehicles busi-
ness, which climbed 19 per cent to
Euro 12.6 billion. The MAN Truck
& Bus Division, which includes the
European commercial vehicles busi-
ness, improved significantly (+21
per cent), while MAN Latin Amer-
ica continued its success story with
a 14 per cent increase. At Euro 4.0
billion, revenue in the power engi-
neering was down slightly on the
prior-year figure of Euro 4.2 billion.
Of this amount, Euro 3.6 billion was
attributable to MAN Diesel & Turbo
and Euro 0.4 billion to Renk.
Orders generated by the MAN
Group in 2011 amounted to Euro
17.1 billion, up 14 per cent. This
is due above all to the commercial
vehicles business, which saw an in-
crease of 17 per cent. Operating prof-
it rose 43 per cent to Euro 1.5 billion
in fiscal 2011. Commercial vehicles
contributed Euro 965 million of this
figure, up an
impressive 83
per cent.
The
year
also
saw
V o l k s w a -
gen AG be-
ing formally
confirmed as
MAN’s ma-
jority share-
holder follow-
ing the closing
in November.
As a result,
Vo l kswagen
now
holds
55.90 per cent
of MAN SE’s
voting rights
and
53.71
per cent of its
share capital.
MAN will be
an additional major pillar contribut-
ing to the VW Group’s success. At
the same time, the co-operation with
the VW Group will boost MAN’s
growth trajectory and further expand
its position as one of the world’s
leading transport-related engineer-
ing groups.
CV business
MAN Truck & Bus is one of
Europe’s leading manufacturers
of commercial vehicles, with pro-
duction facilities in four European
countries, South Africa, and India.
Its products range from trucks with
a gross vehicle weight of 7.5 to 44
tonne for all uses, special-purpose
vehicles with a gross train weight of
up to 250 tonnes through buses and
coaches, to combustion ignition and
spark-ignited engines for on- and
off-road uses.
MAN
Finance
International
GmbH, Munich, and the national
companies allocated to it offer fi-
nancing solutions, in particular leas-
es and rentals, to commercial vehi-
cle customers. These activities are
supported by an international sales
and service network.
“In the commercial vehicles
business area, the main focus will
continue to be on ensuring pas-
senger and goods transportation is
as efficient and hence as resource-
friendly as possible. MAN has laid
the groundwork for this with hybrid
solutions for city buses and delivery
trucks. We are also working on op-
timized aerodynamic designs, which
in the aggregate can lead to substan-
tial fuel and CO
2
savings. In addi-
vehicle zone