Manitowoc Company, Inc. (the) · NYSE:MTW
Manitowoc Company, Inc. (the) — Q2 2026 Earnings Presentation
19 slides from Manitowoc Company, Inc. (the)'s earnings presentation, Aug 7, 2026
Slide 1: Second-Quarter 2026 Earnings Conference Call
Second-Quarter 2026 Earnings Conference Call August 7, 2026
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, only speak as of the date on which they are made and
Slide 3: Second-quarter 2026 Summary
Second-quarter 2026 Summary • Substantial improvement in safety -- June YTD RIR of 0.79 • Strong orders and backlog • Increased non-new machine sales • Net leverage below our target of 3x at 2.6x • Integration of AI into The Manitowoc Way • Favorable ruling on U.S. anti-dumping action for crawler cr
Slide 4: The Manitowoc Way: Continuous Improvement
The Manitowoc Way: Continuous Improvement Global Kaizen – Wilhelmshaven, Germany Potain eTech Implementation • Transforms technical knowledge into an Design lifting and rigging actionable assistant used procedures to: for field service techs • Improve safety • Accelerate problem solving • Increase p
Slide 5: The Manitowoc Way: Continuous Improvement
The Manitowoc Way: Continuous Improvement Windshield Glue Resourcing Anti-Climbing Kits 1 Cost Reduction & Business Recovery 2 Material Optimization & Grow Aftermarket 24K€ → (-70%) Steel → Dibond Material Discontinued glue resourced to alternative Selected lightweight, corrosion-resistant Dibond su
Slide 6: CRANES+50 Update
CRANES+50 Update New Service Agreement Rapid Response Shop Telescoping Boom Refurbishment Peru Shady Grove Shady Grove • Greenfield site established to pursue Deliver faster turnaround on: Developed specialized fixture to: service work • Crawler crane lacings • Improve safety and productivity • 3-ye
Slide 7: Market Conditions
Market Conditions AMERICAS EUROPE MIDDLE EAST ASIA PACIFIC - Healthy market conditions - Market conditions are mixed - Solid demand - Strength in S. Korea, Vietnam, and - Strong order intake Additional government stimulus - Shipping challenges due to Strait of Australia Inflation due to Iran con
Slide 8: Q2 2026 Financial & Other Key Metrics ($ in millions)
Q2 2026 Financial & Other Key Metrics ($ in millions) *Q2 2026 includes a $12M benefit related to IEEPA tariff refunds OPERATIONAL PERFORMANCE EXCEEDED EXPECTATIONS 8
Slide 9: Q2 2026 Financial & Other Key Metrics ($ in millions)
Q2 2026 Financial & Other Key Metrics ($ in millions) LIQUIDITY REMAINS STRONG AT $304M 9
Slide 10: 2026 Full-Year Guidance – Updated ($ in millions)
2026 Full-Year Guidance – Updated ($ in millions) Updated Guidance Prior Guidance Net Sales $2.3 to $2.4 billion $2.25 to $2.35 billion $150 to $170 million, incl. $16 million Adjusted EBITDA $125 to $150 million net benefit from tariff refunds Depreciation and Amortization $60 million $60 milli
Slide 11: 2026 Adjusted EBITDA Bridge ($ in millions)
2026 Adjusted EBITDA Bridge ($ in millions) ADJUSTED EBITDA MIDPOINT INCREASING $22.5M 11
Slide 12: Outlook
Outlook • Strong first-half 2026 • Backlog over $1 billion with end market strength • Robust new product pipeline • Continued advancement of CRANES+50 Strategy • Acceleration of The Manitowoc Way through the business with help of AI POSITIVE MARKET OUTLOOK 12
Slide 13: Congratulations to Brooke's House
Congratulations to Brooke’s House https://brookeshouse.org 13
Slide 14: Appendix
Appendix
Slide 15: Appendix – GAAP to Non-GAAP Reconciliation
Appendix – GAAP to Non-GAAP Reconciliation Three Months Ended June 30, 2026 2025 As reported Adjustments Adjusted As reported Adjustments Adjusted Gross profit $ 123.1 $ — $ 123.1 $ 99.0 $ — $ 99.0 Engineering, selling, and administrative expenses (90.4) 2.0 (88.4) (87.4) — (87.4) Amortization of in
Slide 16: Appendix – GAAP to Non-GAAP Reconciliation
Appendix – GAAP to Non-GAAP Reconciliation Three Months Ended Six Months Ended June 30, June 30, Trailing Twelve 2026 2025 2026 2025 Months Net income (loss) $ 14.2 $ 1.5 $ 8.2 $ (4.8) $ 20.2 Interest expense and amortization of deferred financing fees 9.5 9.5 18.8 18.6 39.4 Provision (benefit) for
Slide 17: Appendix – GAAP to Non-GAAP Reconciliation
Appendix – GAAP to Non-GAAP Reconciliation Three Months Ended Six Months Ended June 30, June 30, 2026 2025 2026 2025 Net cash provided by (used for) operating activities $ 8.0 $ (67.7) $ 35.4 $ (54.8) Capital expenditures (14.1) (6.0) (22.3) (16.8) Free cash flows $ (6.1) $ (73.7) $ 13.1 $ (71.6) __
Slide 18: Appendix – Adjusted ROIC Calculation
Appendix – Adjusted ROIC Calculation Trailing Twelve Trailing Twelve Months Ended Months Ended June 30, 2026 June 30, 2025 Operating income $ 72.9 $ 38.8 Amortization of intangible assets 3.1 3.0 Restructuring expense 4.7 3.5 Other non-recurring items - net 2.8 3.6 Adjusted operating income 83.5 48.
Slide 19: Thank you for your interest
Thank you for your interest Additional information: Ion Warner – SVP Marketing & Investor Relations (m) +1 414-760-4805 (c) +1 717-414-1813 ion.warner@manitowoc.com www.manitowoc.com
Manitowoc Company, Inc. (The) — Q2 2026 Earnings Presentation on 6ix