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The Manitowoc Company, Inc. reports developments tied to its global crane and engineered lifting-solutions business. The company designs, manufactures, markets, and supports mobile hydraulic cranes, lattice-boom crawler cranes, boom trucks, and tower cranes under brands including Grove, Manitowoc, National Crane, Potain, Shuttlelift, Upfits by Aspen Equipment, and MGX Equipment Services.
Recurring news themes include quarterly financial results, orders and backlog, guidance, new products, aftermarket and non-new machine sales under the CRANES+50 strategy, direct-to-customer service expansion, dealer relationships, trade and regulatory matters affecting mobile cranes, and board or executive leadership changes.
The Manitowoc Company (NYSE: MTW) announced that President and CEO Aaron H. Ravenscroft and EVP and CFO Brian P. Regan will present and host 1x1 meetings at the Midwest IDEAS Investor Conference in Chicago on Wednesday, August 26, 2026.
The presentation is scheduled for 12:15 p.m. ET (11:15 a.m. CT) and will be accessible via the conference webcast link at the 2026 Midwest IDEAS Investor Conference and through the Events & Presentations section of Manitowoc’s investor relations website.
The Manitowoc Company (NYSE: MTW) reported second-quarter 2026 net income of $14.2 million, or $0.39 per diluted share, and adjusted net income of $16.8 million, or $0.46 per diluted share. Orders rose 56.1% year-over-year to $708.7 million, driving backlog to $1,050.1 million at quarter end.
Net sales increased 10.3% year-over-year to $594.9 million, including $172.2 million of non-new machine sales, up 6.6%. Adjusted EBITDA was $48.9 million, up 85.9%, with a 330-basis-point margin expansion. Operating cash flow improved to $8.0 million, a $75.7 million increase year-over-year. Manitowoc raised its 2026 guidance, forecasting net sales of $2.3–$2.4 billion, adjusted EBITDA of $150–$170 million (including a $16 million net tariff refund benefit), adjusted EPS of $0.80–$1.20, and adjusted free cash flow of $50–$70 million.
Manitowoc (NYSE: MTW) announced that the U.S. International Trade Commission and U.S. Department of Commerce issued a unanimous, bipartisan affirmative decision finding predatory dumping by producers of lattice-boom crawler cranes from Japan.
According to Manitowoc, new antidumping duties will take effect this month, which the company believes will help restore fair competition and support the long-term strength of its U.S. manufacturing operations and workforce.
The Manitowoc Company (NYSE: MTW) will release its second-quarter 2026 financial results on Thursday, August 6, 2026, after the market closes. The company will host a conference call to discuss results and outlook on Friday, August 7, 2026, at 10:00 a.m. ET (9:00 a.m. CT), accessible via webcast in the “Events & Presentations” section of its investor relations website, where a replay will also be available.
The Manitowoc Company (NYSE: MTW) announced participation in two investor conferences on June 9-10, 2026. Executive Vice President and CFO Brian P. Regan and Senior Vice President, Marketing and Investor Relations, Ion M. Warner will attend.
The June 10, 2026 East Coast IDEAS Conference presentation is scheduled for 2:00 p.m. ET (1:00 p.m. CT) and will be accessible via webcast and the company’s investor relations website.
The Manitowoc Company (NYSE: MTW) reported Q1 2026 results with orders of $645.7 million (up 5.8% YoY), net sales $494.6 million (up 5.0% YoY) and ending backlog $939.9 million. The company recorded a net loss of $6.0 million and adjusted EBITDA of $19.6 million. Net cash from operations was $27.4 million and free cash flow was $19.2 million. Management said backlog is the highest in two years and maintained full-year 2026 guidance.
Manitowoc (NYSE: MTW) will release first-quarter 2026 results after market close on May 5, 2026 and hold a conference call on May 6, 2026 at 10:00 a.m. ET. The webcast and replay will be available in the company’s Events & Presentations section at ir.manitowoc.com.
Manitowoc (NYSE: MTW) appointed Jennifer L. Peterson as Executive Vice President, Chief Legal and People Officer, and Secretary effective March 31, 2026. Ms. Peterson will lead Manitowoc’s global human resources, legal, and risk management functions.
Ms. Peterson joined Manitowoc in 2018, served as Executive Vice President, General Counsel, and Secretary since 2022, and has nearly 25 years of legal experience. She holds a J.D. from University of Wisconsin Law School and a B.A. in Public Communications from University of Wisconsin–Eau Claire.
The Manitowoc Company (NYSE: MTW) reported fourth-quarter 2025 results with orders of $803.4M (+55.8% YoY), net sales $677.1M (+13.6% YoY), and backlog $793.5M (+22.0% YoY). Fourth-quarter adjusted EBITDA was $39.6M and free cash flow was $78.3M. Full-year 2025 net sales were $2.2409B and adjusted net income was $11.6M (adj. EPS $0.32). The company provided 2026 guidance: net sales $2.25B–$2.35B, adjusted EBITDA $125M–$150M, adj. diluted EPS $0.45–$0.90, capex $45M–$50M, and free cash flow $40M–$65M. A January restructuring targets roughly $10M annualized savings.
The Manitowoc Company (NYSE: MTW) announced that its subsidiary MGX Equipment Services has completed a dealer agreement with Hiab to distribute HIAB loader cranes plus aftermarket parts and service in 13 U.S. states.
MGX will serve customers in Colorado, Delaware, Iowa, Maryland, Minnesota, Montana, Nebraska, New Jersey, North Dakota, South Dakota, Virginia, Wyoming, and Utah, aiming to expand direct-to-customer reach and improve service responsiveness.