Manitowoc(MTW) - 2024 Q1 - Quarterly Results
MTWManitowoc(MTW)2024-05-08 04:18

Exhibit 99.1 The Manitowoc Company Reports First-Quarter 2024 Financial Results First-Quarter 2024 Highlights • Net sales of 495.1million,down2.6495.1 million, down 2.6% year-over-year • Diluted net income per share of 0.12, 0.14onanadjustedbasis(1)AdjustedEBITDA(1)of0.14 on an adjusted basis(1) • Adjusted EBITDA(1) of 31.3 million, margin percentage of 6.3% • Adjusted return on invested capital(1) of 9.5% MILWAUKEE, Wis. - The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported first-quarter net income of 4.5million,or4.5 million, or 0.12 per di ...