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MAN B&W Doubles Profit

The MAN B&W Diesel Group more than doubled its operating profit last year, leaping to 117m from 55m in 2004. Incoming orders were up by 18% to 2,203m and turnover was up by 17% to 1,666m.

An order backlog up 37% to 1,991m secures full capacity at the company's production sites until mid-2007. In order to advance the integration of facilities in Germany, Denmark, England and France, MAN B&W Diesel AG will be converted into an European company during the 2006 financial year and renamed MAN Diesel SE (Societas Europaea).

MJInformation No: 21741

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