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Feb
15th

GERMANY: MAN posts loss, neutral on VW speculation

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German truckmaker MAN has posted a wider than expected net loss of EUR258m (US$351m) for 2009 - due to a writedown on its stake in truckmaker Scania and fines after a bribery probe - on revenue down 20% to EUR12bn, although the group did book an operating profit of EUR504m, and warned growth was unlikely in 2010. Full story...
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