MAN Truck & Bus reports strong first half of 2026 with rising sales and profit
MAN Truck & Bus increased revenue by 6% and sales by 8% in the first half of 2026, with electric vehicle sales surging 37%.
- €6,982M
- 50,939 units
- 37%
What Happened
In the first half of 2026, MAN Truck & Bus reported consolidated revenue of €6,982 million, up 6% year-on-year. Vehicle sales rose 8% to 50,939 units, driven by a 37% surge in electric vehicle sales to 1,100 units. Adjusted operating profit increased by €80 million to €486 million, lifting the adjusted operating margin to 7.0% from 6.1%.
- Revenue: €6,982M (+6%)
- Vehicle sales: 50,939 units (+8%)
- Electric vehicle sales: 1,100 units (+37%)
- Adjusted operating profit: €486M (+€80M)
- Adjusted margin: 7.0% (+0.8 ppt)
“We are at MAN in a weak market in our core business now solidly on course for three and a half years. However, we must not let up in further improving our competitiveness. We have launched various initiatives and summarized them under the project 'Next Level'.”
“We remain on track. MAN delivers consistently good results and a strong cash flow. We were able to increase the operating result by another 0.8 percentage points compared to the previous year. That is remarkable in a very volatile market environment.”
Electric mobility continues to grow disproportionately. MAN now offers a fully electric truck portfolio from 12 to 50 tonnes and will deliver the first Lion's Coach E electric coach later this year. Production capacity is expanding: the Krakow plant recently started series production of the eTGL, becoming MAN's second electric truck plant after Munich, and the Ankara plant began serial production of the Lion's City E electric bus.
Previously from MAN Truck & Bus
In July 2026, MAN signed a €1.2B MoU with Poland to expand its Krakow plant and start production of the eTGL electric light truck. Today's report confirms the eTGL series launch in Krakow, making it the second electric truck production site after Munich.
Background drawn from MotorClaw's earlier coverage of MAN Truck & Bus's official releases.
Why this matters
The results show MAN's resilience in a weak German market, driven by cost initiatives and growing electric vehicle demand. The company's 'MAN Next Level' program aims to further improve competitiveness. These trends affect MAN's workers, suppliers, and customers in Europe, especially as electric truck and bus production ramps up.
Terms in This Story
- Adjusted operating profit
- Earnings before interest and tax, adjusted for one-time items to reflect ongoing business performance.
- Book-to-bill ratio
- The ratio of orders received to units shipped or billed; a ratio above 1 indicates more orders than shipments.
Summarised from the linked release; details can be imperfect — always verify against the original source.