At €14.4 billion, the MAN Group’s order intake in fiscal 2015 was down 6% year-on-year.
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In the Commercial Vehicles business area, it amounted to €11.0 billion, 4% lower than the previous year’s figure. MAN Truck & Bus received 9% more orders, while order intake at MAN Latin America declined by more than half.
In the Power Engineering business area, order intake decreased by approximately 13% year-on-year to €3.4 billion.
At €13.7 billion, the MAN Group’s sales revenue in fiscal 2015 was 4% lower year-on-year. The Commercial Vehicles business area recorded sales revenue of €10.0 billion.
MAN Truck & Bus generated year-on-year growth of 7%; sales revenue amounted to €9.0 billion. Unit sales increased by 8% to 79,222 vehicles. MAN Latin America’s sales revenue declined to €1.0 billion; unit sales almost halved to 24,472 vehicles.
Sales revenue amounted to €3.8 billion in the Power Engineering business area. MAN Diesel & Turbo generated sales revenue of €3.3 billion. Renk’s sales revenue was also up slightly on the previous year, at €487 million.
Free cash flow from the MAN Group’s operating activities and investing activities attributable to operating activities was positive and amounted to €0.5 billion.
The MAN Group’s operating profit after restructuring expenses was €92 million in fiscal 2015. Operating profit at the Commercial Vehicles business area dropped to €–101 million.
MAN Truck & Bus recorded an operating profit before special items of €205 million — a significant increase compared with the prior-year period. Special items weighing on operating profit related to restructuring expenses of €185 million for the future growth program. This reduced MAN Truck & Bus’s operating profit to €20 million.
MAN Latin America recorded an operating loss of €120 million because of the lower volumes in Brazil and introduced a large number of measures to counteract this trend.
Operating profit in the Power Engineering business area amounted to €283 million and was thus on a level with the previous year. MAN Diesel & Turbo’s operating profit was €216 million. Renk posted an operating profit of €68 million and thus a continued high operating return on sales of 14.0%.
The MAN Group’s operating return on sales declined to 0.7% in 2015 against the backdrop of special items from restructuring expenses and the extremely difficult economic environment in Brazil. ■