Annonce • Apr 22
The Manitowoc Company, Inc. to Report Q1, 2026 Results on May 05, 2026 The Manitowoc Company, Inc. announced that they will report Q1, 2026 results After-Market on May 05, 2026 Annonce • Mar 31
The Manitowoc Company, Inc. Appoints Jennifer L. Peterson as Chief Legal and People Officer, Effective March 30, 2026 On March 30, 2026, the Board of Directors of The Manitowoc Company, Inc. appointed Jennifer L. Peterson, who was serving as the Company’s Executive Vice President, General Counsel and Secretary, as the Company’s Executive Vice President, Chief Legal and People Officer and Secretary, effective immediately. In her expanded role, Ms. Peterson will lead the Company’s global human resources, legal and risk management functions. Ms. Peterson has nearly 25 years of legal experience from both in-house and private practice and has been an executive leader of the Manitowoc leadership team since being appointed as Executive Vice President, General Counsel, and Secretary in 2022. She joined Manitowoc in 2018 and has held positions of increasing responsibility within the legal department. Ms. Peterson has a Juris Doctor (J.D.) degree from the University of Wisconsin Law School and a Bachelor of Arts degree in Public Communications from the University of Wisconsin – Eau Claire. Annonce • Mar 30
Manitowoc Company, Inc. Announces Resignation of James S. Cook as Executive Vice President, Human Resources, Effective March 29, 2026 Manitowoc Company, Inc. announced that on March 27, 2026, James S. Cook resigned, effective as of March 29, 2026, from his position as Executive Vice President, Human Resources of The Manitowoc Company, Inc., and, effective as of June 19, 2026 (the Separation Date), from his transitional employment with the Company. Annonce • Mar 23
The Manitowoc Company, Inc., Annual General Meeting, May 05, 2026 The Manitowoc Company, Inc., Annual General Meeting, May 05, 2026. Annonce • Feb 10
The Manitowoc Company, Inc. Provides Earnings Guidance for Full-Year 2026 The Manitowoc Company, Inc. provided earnings guidance for full year 2026. For the year, the company expects net sales of $2.25 billion to $2.35 billion. Annonce • Jan 27
The Manitowoc Company, Inc. to Report Q4, 2025 Results on Feb 09, 2026 The Manitowoc Company, Inc. announced that they will report Q4, 2025 results After-Market on Feb 09, 2026 Annonce • Jan 21
Manitowoc Announces the Appointment of New Directors, Effective January 21, 2026 The Manitowoc Company, Inc. announced that Mark B. Rourke and Randy A. Wood have been appointed to the Company’s board of directors effective January 21, 2026. Mark Rourke is President and Chief Executive Officer of Schneider National, a leading transportation and logistics company in North America. Since joining Schneider in 1987, Mr. Rourke has served in a variety of roles with increasing responsibility, including Executive Vice President and Chief Operating Officer and President of Truckload Services. He became CEO in 2019, driving strategic acquisitions and expanding the company’s Dedicated Services. Under his leadership. Schneider successfully transitioned to a publicly traded entity on the New York Stock Exchange in 2017. He holds a Bachelor of Arts degree in Marketing from University of Akron and has attended programs on corporate governance and strategic leadership at Harvard University. Mr. Rourke serves on the board of directors for the Trucking Alliance and the Green Bay Packers. Randy Wood is President and Chief Executive Officer of Lindsay Corporation. He became CEO in 2021. Mr. Wood joined Lindsay in 2008 and has served in a variety of leadership roles including Chief Operating Officer, President – Irrigation, President – International Irrigation, and Vice President – Americas /ANZ Sales and Marketing. Prior to Lindsay, Mr. Wood served 11 years at Case Corporation /CNH Global in various sales and marketing leadership responsibilities. He holds a Bachelor of Environmental Studies degree from University of Waterloo and Master of Business Administration from University of Colorado and has completed the Global Executive Leadership Program at Yale University and attained the Corporate Director Certificate from Harvard Business School. Mr. Wood serves on the board of directors for Nebraska and Omaha Chambers of Commerce and United Way of the Midlands. Annonce • Oct 23
The Manitowoc Company, Inc. to Report Q3, 2025 Results on Nov 05, 2025 The Manitowoc Company, Inc. announced that they will report Q3, 2025 results After-Market on Nov 05, 2025 Annonce • Jul 25
The Manitowoc Company, Inc. to Report Q2, 2025 Results on Aug 07, 2025 The Manitowoc Company, Inc. announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Aug 07, 2025 Annonce • Apr 23
The Manitowoc Company, Inc. to Report Q1, 2025 Results on May 06, 2025 The Manitowoc Company, Inc. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on May 06, 2025 Annonce • Mar 24
The Manitowoc Company, Inc., Annual General Meeting, May 06, 2025 The Manitowoc Company, Inc., Annual General Meeting, May 06, 2025. Annonce • Feb 13
the Manitowoc Company, Inc. Provides Earnings Guidance for the Full Year 2025 The Manitowoc Company, Inc. provided earnings guidance for the full year 2025. For the period, the company expects net sales of $2.175 billion to $2.275 billion. Annonce • Jan 30
The Manitowoc Company, Inc. to Report Q4, 2024 Results on Feb 12, 2025 The Manitowoc Company, Inc. announced that they will report Q4, 2024 results After-Market on Feb 12, 2025 Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Ryan Gwillim was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Oct 17
The Manitowoc Company, Inc. to Report Q3, 2024 Results on Oct 30, 2024 The Manitowoc Company, Inc. announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: US$0.045 (vs US$0.58 in 2Q 2023) Second quarter 2024 results: EPS: US$0.045 (down from US$0.58 in 2Q 2023). Revenue: US$562.1m (down 6.8% from 2Q 2023). Net income: US$1.60m (down 92% from 2Q 2023). Profit margin: 0.3% (down from 3.4% in 2Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 24% per year. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €10.10, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Machinery industry in Germany. Total loss to shareholders of 51% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.02 per share. New Risk • Jul 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Annonce • Jul 25
The Manitowoc Company, Inc. to Report Q2, 2024 Results on Aug 07, 2024 The Manitowoc Company, Inc. announced that they will report Q2, 2024 results After-Market on Aug 07, 2024 Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €10.70, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Machinery industry in Germany. Total loss to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.79 per share. Reported Earnings • May 09
First quarter 2024 earnings released: EPS: US$0.13 (vs US$0.47 in 1Q 2023) First quarter 2024 results: EPS: US$0.13 (down from US$0.47 in 1Q 2023). Revenue: US$495.1m (down 2.6% from 1Q 2023). Net income: US$4.50m (down 73% from 1Q 2023). Profit margin: 0.9% (down from 3.2% in 1Q 2023). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Annonce • Apr 24
The Manitowoc Company, Inc. to Report Q1, 2024 Results on May 07, 2024 The Manitowoc Company, Inc. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 07, 2024 Reported Earnings • Feb 26
Full year 2023 earnings released: EPS: US$1.12 (vs US$3.51 loss in FY 2022) Full year 2023 results: EPS: US$1.12 (up from US$3.51 loss in FY 2022). Revenue: US$2.23b (up 9.6% from FY 2022). Net income: US$39.2m (up US$162.8m from FY 2022). Profit margin: 1.8% (up from net loss in FY 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €12.10, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Machinery industry in Germany. Total loss to shareholders of 12% over the past three years. New Risk • Feb 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. New Risk • Feb 16
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: US$1.12 (vs US$3.51 loss in FY 2022) Full year 2023 results: EPS: US$1.12 (up from US$3.51 loss in FY 2022). Revenue: US$2.23b (up 9.6% from FY 2022). Net income: US$39.2m (up US$162.8m from FY 2022). Profit margin: 1.8% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Annonce • Feb 15
The Manitowoc Company Provides Earnings Guidance for the Full-Year 2024 The Manitowoc Company provided earnings guidance for the Full-Year 2024. For the period, the company expects net sales to be in the range of $2.275 billion to $2.375 billion. Annonce • Feb 01
The Manitowoc Company, Inc. to Report Q4, 2023 Results on Feb 14, 2024 The Manitowoc Company, Inc. announced that they will report Q4, 2023 results After-Market on Feb 14, 2024 Annonce • Jan 17
The Manitowoc Company, Inc. Appoints Ryan M. Gwillim to the Board of Directors The Manitowoc Company, Inc. announced that Ryan M. Gwillim has been elected to the company’s board of directors effective immediately. Additionally, the company announced an increase in the size of the Board from nine to ten directors. Mr. Gwillim is a senior executive with over 20 years of experience in finance and law. He currently serves as Executive Vice President and Chief Financial Officer at Brunswick Corporation, where he previously held successively senior positions including Vice President, Finance and Treasurer; Vice President, Investor Relations; Associate General Counsel International and Mergers and Acquisitions; Assistant General Counsel Corporate and Securities, International Counsel - EMEA; and Corporate Counsel. Prior to Brunswick, Mr. Gwillim was an Associate at Baker and McKenzie. Mr. Gwillim holds a Bachelor of Science in Accounting, a Master of Science in Accounting, and a JD degree from the University of Illinois, Urbana-Champaign. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: US$0.30 (vs US$0.065 in 3Q 2022) Third quarter 2023 results: EPS: US$0.30 (up from US$0.065 in 3Q 2022). Revenue: US$520.9m (up 15% from 3Q 2022). Net income: US$10.4m (up 352% from 3Q 2022). Profit margin: 2.0% (up from 0.5% in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance. Annonce • Oct 19
The Manitowoc Company, Inc. to Report Q3, 2023 Results on Nov 01, 2023 The Manitowoc Company, Inc. announced that they will report Q3, 2023 results After-Market on Nov 01, 2023 Annonce • Aug 09
the Manitowoc Company, Inc. Provides Full-Year 2023 Guidance the Manitowoc Company, Inc. provided full-year 2023 guidance. For the year, the company expects net sales of $2.1 billion to $2.2 billion. Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: US$0.58 (vs US$0.43 in 2Q 2022) Second quarter 2023 results: EPS: US$0.58 (up from US$0.43 in 2Q 2022). Revenue: US$602.8m (up 21% from 2Q 2022). Net income: US$20.2m (up 34% from 2Q 2022). Profit margin: 3.4% (up from 3.0% in 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 3.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance. Annonce • Jul 25
The Manitowoc Company, Inc. to Report Q2, 2023 Results on Aug 07, 2023 The Manitowoc Company, Inc. announced that they will report Q2, 2023 results After-Market on Aug 07, 2023 Annonce • May 04
The Manitowoc Company, Inc. Appoints Ryan M. Palmer as Principal Accounting Officer On May 1, 2023, the Board of Directors of The Manitowoc Company, Inc. (the “Company”) appointed Ryan M. Palmer, the Company’s Vice President and Corporate Controller, as the Company’s principal accounting officer. Brian P. Regan, the Company’s Executive Vice President and Chief Financial Officer, continues to be the Company’s principal financial officer. Mr. Palmer, 33, has served as Vice President and Corporate Controller of the Company since May 2022. Prior to his appointment, he was the Assistant Corporate Controller of the Company since September 2020, and served in other positions of increasing responsibilities within the Company’s corporate finance team since joining the Company in August 2017. Prior to joining the Company, Mr. Palmer served in positions of increasing responsibility at Deloitte & Touche LLP from 2013 until 2017. Mr. Palmer is a certified public accountant. Mr. Palmer holds a Master of Professional Accountancy and a Bachelor of Business Administration in accounting from the University of Wisconsin – Whitewater. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: US$0.47 (vs US$0.088 in 1Q 2022) First quarter 2023 results: EPS: US$0.47 (up from US$0.088 in 1Q 2022). Revenue: US$508.3m (up 11% from 1Q 2022). Net income: US$16.5m (up 432% from 1Q 2022). Profit margin: 3.2% (up from 0.7% in 1Q 2022). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 22
Full year 2022 earnings released: US$3.51 loss per share (vs US$0.32 profit in FY 2021) Full year 2022 results: US$3.51 loss per share (down from US$0.32 profit in FY 2021). Revenue: US$2.03b (up 18% from FY 2021). Net loss: US$123.6m (down US$134.6m from profit in FY 2021). Revenue is forecast to stay flat during the next 2 years compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Annonce • Feb 07
The Manitowoc Company, Inc. to Report Q4, 2022 Results on Feb 20, 2023 The Manitowoc Company, Inc. announced that they will report Q4, 2022 results at 5:00 PM, US Eastern Standard Time on Feb 20, 2023 Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 17% share price gain to €10.50, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Machinery industry in Germany. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.53 per share. Buying Opportunity • Dec 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 2.7%. The fair value is estimated to be €11.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 3.5% in 2 years. Earnings is forecast to grow by 53% in the next 2 years. Reported Earnings • Nov 09
Third quarter 2022 earnings released: EPS: US$0.065 (vs US$0.006 loss in 3Q 2021) Third quarter 2022 results: EPS: US$0.065 (up from US$0.006 loss in 3Q 2021). Revenue: US$454.7m (up 12% from 3Q 2021). Net income: US$2.30m (up US$2.50m from 3Q 2021). Profit margin: 0.5% (up from 0% in 3Q 2021). Revenue is forecast to stay flat during the next 3 years compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Annonce • Oct 22
The Manitowoc Company, Inc. to Report Q3, 2022 Results on Nov 07, 2022 The Manitowoc Company, Inc. announced that they will report Q3, 2022 results After-Market on Nov 07, 2022 Annonce • Aug 16
The Manitowoc Company Appoints Jennifer L. Peterson as Executive Vice President, General Counsel and Secretary The Manitowoc Company reported that Jennifer L. Peterson, currently the Company's Interim General Counsel and Assistant Secretary, has been appointed Executive Vice President, General Counsel and Secretary. Peterson joins the executive leadership team with more than 20 years of legal experience from both in-house and private practice. Prior to her appointment, Peterson served as Manitowoc's Interim General Counsel and Assistant Secretary since May 2022, Vice President and Associate General Counsel since April 2021, and Associate General Counsel - Litigation and Product Safety since January 2018. She previously held in-house positions at Adient plc, Johnson Controls, and Journal Communications, Inc. Peterson has a Juris Doctor (J.D.) degree from the University of Wisconsin Law School and a B.A. in Public Communications from the University of Wisconsin - Eau Claire. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: US$0.43 (vs US$0.51 in 2Q 2021) Second quarter 2022 results: EPS: US$0.43 (down from US$0.51 in 2Q 2021). Revenue: US$497.2m (up 7.2% from 2Q 2021). Net income: US$15.1m (down 16% from 2Q 2021). Profit margin: 3.0% (down from 3.9% in 2Q 2021). Over the next year, revenue is forecast to grow 10%, compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Annonce • Jul 22
The Manitowoc Company, Inc. to Report Q2, 2022 Results on Aug 04, 2022 The Manitowoc Company, Inc. announced that they will report Q2, 2022 results During-Market on Aug 04, 2022 Annonce • Jun 30
the Manitowoc Company, Inc. Announces Resignation of Terrance L. Collins as Executive Vice President, Effective from July 22, 2022 Terrance L. Collins will be leaving his role as Executive Vice President, Human Resources of The Manitowoc Company, Inc. effective from July 22, 2022, to pursue another opportunity. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €9.85, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Machinery industry in Germany. Total loss to shareholders of 32% over the past three years. Recent Insider Transactions • Jun 14
Independent Chairman recently bought €410k worth of stock On the 10th of June, Kenneth Krueger bought around 35k shares on-market at roughly €11.87 per share. This was the largest purchase by an insider in the last 3 months. This was Kenneth's only on-market trade for the last 12 months. Reported Earnings • May 04
First quarter 2022 earnings released: EPS: US$0.088 (vs US$0.089 loss in 1Q 2021) First quarter 2022 results: EPS: US$0.088 (up from US$0.089 loss in 1Q 2021). Revenue: US$459.0m (up 30% from 1Q 2021). Net income: US$3.10m (up US$6.20m from 1Q 2021). Profit margin: 0.7% (up from net loss in 1Q 2021). Over the next year, revenue is forecast to grow 17%, compared to a 9.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Annonce • Apr 20
The Manitowoc Company, Inc. to Report Q1, 2022 Results on May 03, 2022 The Manitowoc Company, Inc. announced that they will report Q1, 2022 results After-Market on May 03, 2022 Annonce • Mar 29
Manitowoc's Zhangjiagang Facility Launches Potain Topless Crane for Regional Markets Manitowoc's Zhangjiagang facility launches largest Potain topless crane for regional markets The new Potain MCT 805 – a high-capacity topless tower crane, will soon be available to Asia, Australia, New Zealand, the Middle East, Africa and Latin America market. The design of the new Potain MCT 805 is based on the company's France-built MDT 809. Boasting best-in-class transport and erection requirements for an 800 mt topless crane (on a parith a typical 450 mt crane) the new Potain MCT 805 is able to set up twice as fast as a standard 40 t-capacity crane, while requiring lesser space. The crane can be assembled to a 50 m working height in less than three days. With a counter-jib no longer than 27.3 m enabling an impressive 7.5 t capacity at 80 m reach, the tip load of the M32 and M40 configurations which make it an ideal solution for heavier lifting loads within confined jobsites. The M32 has a maximum 32 t load capacity up to a distance of well over 22 m, while the M40 of up to 40 t maximum load handled out beyond 18.5 m. Apart from the range of regular frequency-controlled hoist options; the two highlights are the M32 with the 150HPL80 - that can lift 1.8 t at 151 m/min; and the M40, 270LVF100 Optima that can raise 3.5 t at 162 m/min. Both versions comes with a maximum drum capacity rope of 1,063 when fitted with the larger hoist option. Users can also choose between two-fall for faster lifting or four-fall configuration heavy lifting on the trolley. While a typical 40 t capacity cranes require up to 14 containers for transport, the rotating section of the MCT 805 can be moved in either 10 or 11 loads. Its slewing mechanism can be fitted into a standard container making it a compact transport solution with a jib that is just 1.55 m wide and under 2.5 m high. The main girder and two half cross-girders that connect easily using pins, the 8 m cross-shaped base make transport and setting up faster as compared to a 10 m alternative. The rotating cab and easy-connect points for the folding counter-jib further simplify erection. Once the wired tower head/cab assembly has been fitted, there is no need to dismantle it between jobsites. Using the dedicated slinging points and connection systems for faster and simpler on-site assembly, the jib can be built up in 5 m increments from 30 m to 80 m. Its modular design without tie bars enables several configurations in addition to the lighter package weights. Reported Earnings • Feb 22
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: US$0.32 (up from US$0.55 loss in FY 2020). Revenue: US$1.72b (up 19% from FY 2020). Net income: US$11.0m (up US$30.1m from FY 2020). Profit margin: 0.6% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 17%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Annonce • Feb 09
The Manitowoc Company, Inc. to Report Q4, 2021 Results on Feb 21, 2022 The Manitowoc Company, Inc. announced that they will report Q4, 2021 results at 5:00 PM, US Eastern Standard Time on Feb 21, 2022 Annonce • Sep 02
The Manitowoc Company, Inc. (NYSE:MTW) completed the acquisition of Substantially all the assets from Aspen Equipment, Co. The Manitowoc Company, Inc. (NYSE:MTW) entered into a definitive agreement to acquire Substantially all the assets from Aspen Equipment, Co. for $51 million on August 16, 2021. The transaction is subject to customary closing conditions. The transaction is expected to close in September 2021. Aaron H. Ravenscroft, President and Chief Executive Officer of The Manitowoc Company, Inc. expects this transaction will be accretive to adjusted EBITDA in year one.
The Manitowoc Company, Inc. (NYSE:MTW) completed the acquisition of Substantially all the assets from Aspen Equipment, Co. on September 1, 2021. Annonce • Aug 17
The Manitowoc Company, Inc. (NYSE:MTW) entered into a definitive agreement to acquire All the assets of Aspen Equipment, Co. for $51 million. The Manitowoc Company, Inc. (NYSE:MTW) entered into a definitive agreement to acquire All the assets of Aspen Equipment, Co. for $51 million on August 16, 2021. The transaction is subject to customary closing conditions. The transaction is expected to close in September 2021. Aaron H. Ravenscroft, President and Chief Executive Officer of The Manitowoc Company, Inc. expects this transaction will be accretive to adjusted EBITDA in year one. Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment improved over the past week After last week's 17% share price gain to US$22.60, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 20x in the Machinery industry in Germany. Total returns to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €20.11 per share. Reported Earnings • Aug 08
Second quarter 2021 earnings released: EPS US$0.51 (vs US$0.37 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$463.6m (up 41% from 2Q 2020). Net income: US$17.9m (up US$30.6m from 2Q 2020). Profit margin: 3.9% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • May 10
First quarter 2021 earnings released: US$0.089 loss per share (vs US$0.22 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$354.3m (up 7.6% from 1Q 2020). Net loss: US$3.10m (loss narrowed 60% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Annonce • Feb 12
the Manitowoc Company, Inc. Does Not Provide Earnings Guidance for the Year 2021 The Manitowoc Company, Inc. announced that the current economic environment is extremely dynamic in terms of demand and costs. And therefore, it will not provide specific financial guidance for 2021. Directionally, it believe that its revenue will be up modestly. Reported Earnings • Feb 11
Full year 2020 earnings released: US$0.55 loss per share (vs US$1.31 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$1.44b (down 21% from FY 2019). Net loss: US$19.1m (down 141% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Analyst Estimate Surprise Post Earnings • Feb 11
Revenue misses expectations Revenue missed analyst estimates by 0.4%. Over the next year, revenue is forecast to grow 7.3%, compared to a 5.0% growth forecast for the Machinery industry in Germany. Annonce • Jan 27
The Manitowoc Company, Inc. to Report Q4, 2020 Results on Feb 09, 2021 The Manitowoc Company, Inc. announced that they will report Q4, 2020 results After-Market on Feb 09, 2021 Is New 90 Day High Low • Jan 07
New 90-day high: €11.80 The company is up 54% from its price of €7.65 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.98 per share. Annonce • Jan 01
The Manitowoc Company Appoints Anne E. Belec as Board of Director The Manitowoc Company reported that Anne E. Belec has been elected to the company's Board of Directors effective immediately. The company announced an increase in the size of the Board from eight to nine directors. Belec is a senior executive with over 33 years of experience in sales, marketing and customer service. She had a career at Ford Motor Company, holding successively senior positions, including Director, Global Marketing and President and Chief Executive Officer, Volvo Cars N.A., Volvo Cars Corp. Belec also serves on the Board of Directors of Wajax Corp. and serves on the Audit Committee and Human Resources and Compensation Committee of WJX. Is New 90 Day High Low • Dec 08
New 90-day high: €10.10 The company is up 36% from its price of €7.45 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.84 per share. Is New 90 Day High Low • Nov 12
New 90-day high: €8.95 The company is up 2.0% from its price of €8.80 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.40 per share. Reported Earnings • Nov 06
Third quarter 2020 earnings released: US$0.012 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: US$355.6m (down 21% from 3Q 2019). Net loss: US$400.0k (down 102% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Nov 06
Revenue beats expectations Revenue exceeded analyst estimates by 14%. Over the next year,revenue is forecast to stay flat, in line with the revenue forecast for the Machinery industry in Germany. Annonce • Aug 07
The Manitowoc Company, Inc. Announces Not to Provide Guidance Full Year 2020 The Manitowoc Company, Inc. announced that as a result of the significant uncertainty around the future impact that COVID-19 will have on the Company’s end market demand and supply chain, full year 2020 guidance is not being provided. Annonce • Aug 06
The Manitowoc Company, Inc. Announces Management Changes The Manitowoc Company, Inc. announced that Aaron H. Ravenscroft, currently the Company’s Executive Vice President of Cranes, has been appointed as CEO, effective immediately. Mr. Ravenscroft succeeds Barry L. Pennypacker, who is stepping down from his role as Chief Executive Officer as part of the Company’s leadership transition plan. Mr. Pennypacker will continue to serve the Company in an advisory role through December 31, 2020, to ensure a smooth transition. Mr. Ravenscroft joined Manitowoc in March 2016, and has been responsible for the Company’s Cranes business globally, including Mobile and Tower cranes. In his role as Executive Vice President of Cranes, Mr. Ravenscroft has led efforts to improve product quality and customer service, and enhance operational efficiency and profitability. Annonce • Jul 24
The Manitowoc Company, Inc. to Report Q2, 2020 Results on Aug 06, 2020 The Manitowoc Company, Inc. announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Aug 06, 2020