GERMANY MAN Truck & Bus reports robust results in the first half of 2025, following a strong second quarter which saw an improved market and extensive cost-cutting measures. Adjusted operating profit for the first half of the year was €426 million, down from €581m in the first half of 2024, of which €283 million was attributable to the second quarter. Sales revenue was down 6% year-on-year at around €6.7 billion, the company reports, but order intake in the first half of the year improved significantly by 43% to around 52,500 units. Sales of electric vehicles also rose sharply, the company says.
MAN CEO Alexander Vlaskamp said: “Demand for our vehicles is now picking up significantly again. Order growth is encouraging, even if it is still at a low level overall. Our core market, Germany, is currently at a level comparable to that during the coronavirus crisis. Despite significantly lower volumes at present, MAN is once again demonstrating its greatly improved resilience. I am proud of what we have achieved here in recent years.” CFO Inka Koljonen added: “In view of the intensified competitive situation and ongoing market weakness, we will continue to optimise our cost structure and cash flow with the aim of sustainably increasing our resilience. We are cautiously optimistic that the positive trend in earnings and order intake will continue in the second half of the year. Nevertheless, we must make ourselves even more resilient for the future.”
MAN reports a 238% increase in electric vehicle sales following the start of production of its eTruck, with approximately 800 electric HGVs, buses, and vans sold in the first six months of the year.
