26.01.2021 MAN SE  DE0005937007

DGAP-Adhoc: MAN SE: Executive Board members of MAN SE and MAN Truck & Bus SE and employee representatives sign key points of comprehensive realignment


 

DGAP-Ad-hoc: MAN SE / Key word(s): Restructure of Company
MAN SE: Executive Board members of MAN SE and MAN Truck & Bus SE and employee representatives sign key points of comprehensive realignment

26-Jan-2021 / 13:51 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.



Munich, January 26, 2021 - The Executive Board members of MAN SE and MAN Truck & Bus SE and the employee representatives have signed an agreement on the key points of a comprehensive realignment of MAN Truck & Bus SE. This agreement serves as the basis for drafting collective bargaining and works agreements, which are to be concluded this year.

The concept presented by the Executive Boards of MAN SE and MAN Truck & Bus SE on September 11, 2020, formed the starting point of the negotiations.

The agreement that has been reached sets out a restructuring of all areas of the MAN Truck & Bus business. The agreement on the key points supports a package of measures with the aim of improving operating result by up to €1.7 billion. The Executive Board sees the agreement as a positive since it makes a substantial contribution to achieving a significant and sustained improvement in operating result. The Executive Board confirms the overarching strategic goal of achieving an operating return on sales (RoS) of 8% over the cycle.

Among other things, the key point paper agreed also sets out a repositioning of the development and production network with a strong focus on future technologies. The Wittlich site will be downsized but maintained. The Plauen site as well as the Steyr site in Austria, which has around 2,200 employees, are being discussed. The Executive Board is reviewing all options in this respect, including the possibility of selling or relinquishing the sites.

The measures planned also entail cutting around 3,500 jobs across all areas of the company in Germany by the end of 2022. The job cuts are to be implemented in the most socially responsible manner possible.

In total, the restructuring measures, including the measures in connection with the Plauen and the Steyr site, which are still to be defined, are currently expected to cost in the high triple-digit millions for the entire restructuring period. The majority of the expenses will be for personnel measures.

Contact:

Dr. Martin Gstaltmeyr
General Counsel
T +49 175 579 2043
[email protected]

MAN SE
Dachauer Str. 641
80995 Munich, Germany
www.corporate.man.eu


26-Jan-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: MAN SE
Dachauer Str. 641
80995 München
Germany
Phone: +49 (0)89 360 98-0
Fax: +49 (0)89 360 98-572
E-mail: [email protected]
Internet: www.corporate.man.eu
ISIN: DE0005937007, DE0005937031
WKN: 593700, 593703
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (General Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange
EQS News ID: 1163373

 
End of Announcement DGAP News Service

1163373  26-Jan-2021 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 13.702,00 13.564,00 14.342,00 12.104,00 12.663,00 10.838,00 0,00
EBITDA1,2 1.139,00 553,00 924,00 721,00 502,00 741,00 0,00
EBITDA-Marge3 8,31 4,08 6,44 5,96 3,96 6,84 0,00
EBIT1,4 92,00 204,00 566,00 332,00 361,00 -631,00 0,00
EBIT-Marge5 0,67 1,50 3,95 2,74 2,85 -5,82 0,00
Jahresüberschuss1 150,00 -7,00 321,00 686,00 712,00 -432,00 0,00
Netto-Marge6 1,09 -0,05 2,24 5,67 5,62 -3,99 0,00
Cashflow1,7 1.162,00 833,00 268,00 544,00 515,00 570,00 0,00
Ergebnis je Aktie8 1,02 -0,12 2,12 4,59 4,57 -2,94 2,70
Dividende8 5,10 5,10 5,10 5,10 0,11 0,11 0,11
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
MAN ST
WKN Kurs in € Einschätzung Börsenwert in Mio. €
593700 73,600 Halten 10.824,57
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
23,37 25,34 0,92 58,51
KBV KCV KUV EV/EBITDA
1,83 18,99 1,00 22,68
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
Hauptversammlung
0,11 0,11 0,15 29.06.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
28.07.2021 10.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
1,13% 33,36% 71,96% 49,59%
    
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Maschinen-/Anlagenbau , 593700 , MAN , XETR:MAN