Manitowoc Company, Inc. (the) · NYSE:MTW
Manitowoc Company, Inc. (the) — Q3 2024 Earnings Presentation
13 slides from Manitowoc Company, Inc. (the)'s earnings presentation, Oct 31, 2024
Slide 1: Third-Quarter 2024 Earnings Conference Call
Third-Quarter 2024 Earnings Conference Call October 31, 2024
Slide 2: Forward-Looking Statements
Forward-Looking Statements Safe Harbor Statement Any statements contained in this presentation that are not historical facts are “forward-looking statements.” These statements are based on the current expectations of the management of the Company, and are subject to uncertainty and changes in circum
Slide 3: Market Conditions
Market Conditions North America Europe - Demand softening; customers - Political uncertainty impacting awaiting clarity post-election demand - Slowing but stable utilization - No near-term rebound for towers - Dealer inventory levels mixed; - Muted mobiles activity higher RPOs impacting channel - Ma
Slide 4: The Manitowoc Way Highlights
The Manitowoc Way Highlights Color-coded “Christmas Tree” kitting to ensure proper Innovative e-check process for electrical testing material presentation on production line CONTINUOUS IMPROVEMENT OF OUR OPERATIONS 4
Slide 5: Third-quarter 2024 Financial & Other Key Metrics
Third-quarter 2024 Financial & Other Key Metrics ($ in millions, ex per share amounts) -1% -13% +10% +22% +39% EU TOWER HEADWIND TO YEAR-OVER-YEAR ADJUSTED EBITDA RESULTS 5
Slide 6: Third-quarter 2024 Financial & Other Key Metrics
Third-quarter 2024 Financial & Other Key Metrics ($ in millions) NWC $486 NWC $579 1 FOCUS ON STRENGTHENING OUR BALANCE SHEET THROUGH INVENTORY REDUCTION _____________________ 1: Other includes Accrued Expenses and Customer Advances 6
Slide 7: 2016 Monthly Order Intake
2016 Monthly Order Intake ($ in millions) $200 $- Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec WILL WE SEE A POST-ELECTION REBOUND IN ORDERS LIKE WE DID IN 2016? 7
Slide 8: Appendix
Appendix
Slide 9: Appendix – GAAP to Non-GAAP Reconciliation
Appendix – GAAP to Non-GAAP Reconciliation _____________________ Dollars in millions, excluding per share amounts Note: See full reconciliation of GAAP and Non-GAAP financial measures contained in our earnings release 9
Slide 10: Appendix – GAAP to Non-GAAP Reconciliation
Appendix – GAAP to Non-GAAP Reconciliation _____________________ Dollars in millions Note: See full reconciliation of GAAP and Non-GAAP financial measures contained in our earnings release 10
Slide 11: Appendix – GAAP to Non-GAAP Reconciliation
Appendix – GAAP to Non-GAAP Reconciliation _____________________ Dollars in millions Note: See full reconciliation of GAAP and Non-GAAP financial measures contained in our earnings release 11
Slide 12: Appendix – Adjusted ROIC Calculation
Appendix – Adjusted ROIC Calculation _____________________ Dollars in millions Note: See full reconciliation of GAAP and Non-GAAP financial measures contained in our earnings release 12
Slide 13: Thank you for your interest
Thank you for your interest Additional information: Ion Warner – SVP Marketing & Investor Relations +1 414-760-4805 ion.warner@manitowoc.com www.manitowoc.com
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