Shares in Germany's Man AGrose 2.4% in early trading Friday after the truck maker said its first-quarter net profit jumped 42% to 322 million euros ($505 million), topping forecasts.

Sales for the quarter rose 16% to 3.8 billion euros and new orders rose 8% to 5.2 billion euros. Man AG said it's targeting sales growth of 10% for the year and operating profit noticeably higher than in 2007