MAN Roland Says Stock Trade Will Not Impede Its Growth in North
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German stock analysts, meanwhile, pointed out that the share transfer increases the percentage of the company that is freely traded. The result: MAN AG's place on the DAX is more secure. The plus here is mutual funds indexed to the DAX will be obligated to buy MAN AG shares in the near future.
The performance of the capital goods manufacturer also bodes well for its continued growth. MAN's third-quarter 2004 net income (the most recent period reported) more than doubled to 72 million euros.
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