Manitowoc Company, Inc. (the) · NYSE:MTW
Manitowoc Company, Inc. (the) — The Manitowoc Company — Q4 2019 Earnings Presentation
10 slides from Manitowoc Company, Inc. (the)'s earnings presentation, Feb 7, 2020
Slide 1: Fourth-Quarter 2019 Earnings Conference Call
Fourth-Quarter 2019 Earnings Conference Call Barry Pennypacker – President & Chief Executive Officer February 7, 2020 Dave Antoniuk – SVP & Chief Financial Officer Ion Warner – VP Marketing & Investor Relations
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, an
Slide 3: Financial & Other Key Metrics
Financial & Other Key Metrics Q4 2019 Q4 2018 Y/Y ∆ FY 2019 FY 2018 Y/Y ∆ Net sales $ 463.4 $ 515.3 (10.1)% $ 1,834.1 $ 1,846.8 (0.7)% Engineering, selling & admin expenses 60.9 67.0 (9.1)% 225.6 251.6 (10.3)% Operating income (loss) 17.8 (62.0) 128.7 % 108.4 (19.3) 662.3 % (1) Adjusted operating in
Slide 4: Full-Year 2020 Guidance
Full-Year 2020 Guidance Net sales Approximately $1.6 to $1.7 billion Adjusted EBITDA Approximately $85 to $115 million Depreciation Approximately $35 to $37 million Restructuring expense Approximately $4 to $6 million Interest expense Approximately $28 to $30 million Income tax expense Approximately
Slide 5: Appendix
Q@anitowoc Appendix
Slide 6: Appendix
Appendix $800 $620 $700 $700 $600 $600 sen $500 433 $500 » S $400, ¥ so B j ° $300 ° $300 200 $200 . $100 $100 1 7 | | i i 1 1 1 | 1g Q4 2016 Q1 2017 Q2 2017 Q3 2017 Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 Q1 2019 Q2 2019 Q3 2019 Q4 2019 (Ending Backlog Orders $600 12.0% 106% $500 10.0% 8.0% $400 6.
Slide 7: Appendix
Appendix (1) Q1 2019 and forward reflects termination of Manitowoc’s accounts receivable securitization program 7
Slide 8: Appendix- Adjusted EBITDA Reconciliation
Appendix- Adjusted EBITDA Reconciliation 8
Slide 9: Appendix- Non-GAAP Financial Measures
Appendix- Non-GAAP Financial Measures 9
Slide 10: Appendix- Non-GAAP Financial Measures
Appendix- Non-GAAP Financial Measures 10
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