MAN SE proposed that the net retained profits for the 2012 fiscal year amounting to €167,695,326.66 be divided such that a) 140,974,350.00 is appropriated to pay a dividend of €1.00 per common share carrying dividend rights, b) 6,065,650.00 is appropriated to pay a dividend of €1.00 per preferred share carrying dividend rights, and the remaining amount of 20,655,326.66 is carried forward. Disbursement of the dividend is planned for June 7, 2013.

MAN SE reported consolidated earnings and production results for the first quarter ended March 31, 2013. For the period, the company reported revenue of EUR 3,552 million against EUR 3,845 million a year ago. Loss before interest and taxes were EUR 106 million against earnings before interest and taxes of EUR 226 million a year ago. Loss before tax was EUR 144 million against earnings before tax of EUR 188 million a year ago. Net loss attributable to shareholders of the company was EUR 340 million or EUR 2.31 per basic and diluted share against net income attributable to shareholders of the company of EUR 128 million or EUR 0.87 per basic and diluted share a year ago. Net cash used in operating activities was EUR 150 million against EUR 105 million a year ago. Payments to acquire property, plant, and equipment, investment property, and intangible assets were EUR 90 million against EUR 141 million a year ago. The company's loss on sales in the first three months was 2.3%, after 6.6% in the prior-year period. The return on sales for the commercial vehicles business area dropped to 1.2% (previous year: 5.1%), while the power engineering business area recorded a loss on sales of 12.2% against 12.9% a year ago. Operating loss was EUR 82 million against operating profit of EUR 969 million a year ago. The group recorded an operating loss is primarily attributable to the Power Engineering business area, which recorded an operating loss of EUR 106 million (previous year: operating profit of EUR 123 million). In the commercial vehicles business area, operating profit declined by EUR 116 million to EUR 32 million (previous year: EUR 148 million). Negative net financial debt was EUR 4,152 million against EUR 3,928 million a year ago. Negative ROCE was 4.7% against ROCE of 13.9% a year ago. Negative ROE was 10.4% against ROE of 5.6% a year ago. Loss before tax (EBT) of continuing operations was EUR 144 million against earnings before tax (EBT) of continuing operations of EUR 188 million a year ago. Earnings before interest, taxes, depreciation, and amortization (EBITDA) of continuing operations were EUR 17 million against EUR 338 million a year ago. The company still does not anticipate any significant economic recovery in 2013. The company expects the European commercial vehicles business to decline; sales should return to growth in Brazil. Revenue will be down on the prior-year level in the Power Engineering business area. The group's return on sales will be well below the 2012 figure. For the quarter, the company reported production of 31,782 units against 124,304 units a year ago.

MAN SE, Q1 2013 Earnings Call, Apr 26, 2013