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VW’s MAN sees significant rise in 2017 operating profit

By Rajiv Menon
1 min read
VW’s MAN sees significant rise in 2017 operating profit
VW’s MAN sees significant rise in 2017 operating profit
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Volkswagen division MAN expects operating profit to rise significantly in the fiscal year 2017, as the company continues its diesel-engine unit restructuring, which started in September.

The German truck maker said on Thursday its operating profit rose to 204 million euros ($219 million) in 2016, up from 92 million in the previous year.