Manitowoc Co SEC Filings

The Manitowoc Company, Inc. expanded its Board of Directors from eight to ten members and elected Mark B. Rourke and Randy A. Wood as new directors, effective immediately. Their terms will run until the Company’s 2026 annual meeting of shareholders and until their successors are duly elected and qualified.

Rourke and Wood will receive the same compensation as the Company’s other non-employee directors, as described under “Non-Employee Director Compensation” in Manitowoc’s Proxy Statement for its 2025 annual meeting of shareholders, which was on March 21, 2025. The Company also issued a press release announcing the board additions, which is included as Exhibit 99.1.

The Manitowoc Company (MTW) reported Q3 2025 results with net sales of $553.4 million, up from $524.8 million a year ago. Operating income rose to $18.5 million from $7.5 million, and net income was $5.0 million, or $0.14 per diluted share, versus a $(7.0) million loss, or $(0.20) per share, last year.

By region, Q3 revenue was $306.4 million in Americas, $163.2 million in EURAF, and $83.8 million in MEAP, with segment operating income of $25.5 million, $(10.2) million, and $13.0 million, respectively. Year to date, net sales were $1,563.8 million and net income was $0.2 million.

Cash used in operations for the first nine months was $(68.9) million, largely reflecting an inventory build to $817.5 million (from $609.4 million at year-end) and working capital changes. The company ended the quarter with $39.7 million in cash and $500.4 million in total debt, including $177.2 million drawn on the ABL facility and $300.0 million of 2031 notes. As of September 30, 2025, shares outstanding were 35,470,942. Pursuant to a Consent Decree entered on March 28, 2025, the company paid a civil penalty of $42.6 million plus $0.6 million interest and has a $1.2 million accrual for an emissions mitigation project.

The Manitowoc Company, Inc. (MTW) furnished an update on its latest results. The company announced that it issued a press release detailing financial results for the quarter ended September 30, 2025.

The press release is provided as Exhibit 99.1 to this Form 8-K and is incorporated by reference. The company’s common stock trades on the NYSE under the symbol MTW.

Dimensional Fund Advisors LP reports beneficial ownership of 1,958,144 shares of Manitowoc Co Inc common stock, representing 5.5% of the outstanding class. The filing states these shares are held by investment funds advised or sub‑advised by Dimensional and that Dimensional disclaims beneficial ownership, describing the position as held in the ordinary course of business and not for the purpose of changing or influencing control. Of the shares reported, 1,925,416 shares carry sole voting power and 1,958,144 shares carry sole dispositive power. The Schedule 13G classification reflects a passive investor role rather than an activist intent.

The Manitowoc Company, Inc. reported that it will present at the IDEAS Conference on August 27, 2025, starting at 8:15 AM Eastern Time. The company is sharing an investor presentation in connection with this event, which is included as Exhibit 99 and is treated as furnished rather than filed under securities laws. This update is provided as a Regulation FD disclosure so all investors are informed about the upcoming presentation and related materials.

The Manitowoc Company, Inc. reported that it held a conference call to announce results for the quarter ended June 30, 2025, and has furnished a transcript of that call as Exhibit 99.1 to this Current Report, which is incorporated by reference.

The filing also furnishes an Interactive Data cover page (Exhibit 104). The Current Report itself does not include earnings amounts, consolidated financial statements, or detailed financial tables; it serves to make the earnings-call transcript and cover page publicly available under the Exchange Act.

The Manitowoc Company, Inc. submits a Form S-8 to register securities to be issued under the 2025 Omnibus Incentive Plan for plan participants. The Registration Statement incorporates by reference the Registrant's Annual Report for the fiscal year ended December 31, 2024 and its Quarterly Reports for the periods ended March 31, 2025 and June 30, 2025, plus a Current Report and its Form 8-A/A description of common stock to supply investors with underlying disclosure.

The filing summarizes statutory and bylaw-based indemnification for directors and officers, notes the company maintains D&O insurance and indemnity agreements, and attaches governance and plan documents as exhibits. Item 4 is marked not applicable in the provided excerpt.

Manitowoc reported mixed results for the quarter ended June 30, 2025. Consolidated net sales were $539.5 million for the quarter and $1,010.4 million for the six months, down 4.0% and 4.4% versus prior-year periods. The company recorded a small quarterly net income of $1.5 million (diluted EPS $0.04) but a year-to-date net loss of $4.8 million (diluted loss per share $0.14). Gross profit margins held near prior-year levels, while engineering, selling and administrative expenses rose due to bauma trade show and higher employee and product development costs.

Balance sheet and cash flow items of note include cash and equivalents of $32.9 million, total debt of $470.5 million (long-term debt $459.8 million), inventories of $782.5 million (up from $609.4 million at year-end), and net cash used in operations of $54.8 million for the six months. Orders increased year-over-year (6.0% quarter, 8.3% six months) and backlog was $729.3 million (up 12.2% from Dec. 31, 2024). The company also paid a civil penalty of $42.6 million (plus $0.6 million interest) under a Consent Decree and has an accrued $2.4 million for an emissions mitigation project.