The operating result of MAN Truck and Bus has seen a significant amount of fluctuation between 2016 and 2023. Between 2016 and 2017, the operating result increased from 405 to 526 million euros. In contrast, there was a period of significant decline in operating results between 2018 and 2020, ranging from a profit of 402 million in 2018 to a loss of 553 million euros in 2020. Through 2021 and 2022, this operating loss had turned to profit with 249 and 139 million euros respectively. Finally in 2023, operating result exceeded one billion euros.
The brief period of sharp decline in operating result was in the midst of both the COVID-19 pandemic and global semiconductor shortages. It was not only MAN that suffered such losses as the number of cars sold worldwide suffered a decline during that same period.
Operating result of MAN from 2016 to 2023
(in million euros)
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Traton. (March 12, 2023). Operating result of MAN from 2016 to 2023 (in million euros) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1449505/man-operating-result/
Traton. "Operating result of MAN from 2016 to 2023 (in million euros)." Chart. March 12, 2023. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1449505/man-operating-result/
Traton. (2023). Operating result of MAN from 2016 to 2023 (in million euros). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1449505/man-operating-result/
Traton. "Operating Result of Man from 2016 to 2023 (in Million Euros)." Statista, Statista Inc., 12 Mar 2023, https://www.statista.com/statistics/1449505/man-operating-result/
Traton, Operating result of MAN from 2016 to 2023 (in million euros) Statista, https://www.statista.com/statistics/1449505/man-operating-result/ (last visited November 18, 2024)
Operating result of MAN from 2016 to 2023 (in million euros) [Graph], Traton, March 12, 2023. [Online]. Available: https://www.statista.com/statistics/1449505/man-operating-result/