Manitowoc Company, Inc. (the) · NYSE:MTW
Manitowoc Company, Inc. (the) — The Manitowoc Company — Merger or Acquisition (July 2021)
6 slides from Manitowoc Company, Inc. (the)'s merger presentation, Jul 20, 2021
Slide 1: The Manitowoc Company, Inc. Conference Call
The Manitowoc Company, Inc. Conference Call Aaron Ravenscroft– President & Chief Executive Officer July 20, 2021 David Antoniuk – EVP & 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: Cybersecurity Update
Cybersecurity Update • All Manitowoc systems back online and operational • Impact mitigated through contingency planning and outstanding internal IT response • Working with forensic experts and law enforcement to close matter Thank you to the Manitowoc IT team! 3
Slide 4: Strategic Priorities
Strategic Priorities • Expand EU tower crane rental fleet • Scale-up Chinese tower crane business • Accelerate NPD in all-terrain cranes • Grow Aftermarket activities in North America Mission: Aspire to have the highest customer confidence and trust in the lifting industry 4
Slide 5: H&E Crane Business
H&E Crane Business • Comprehensive parts, service, remanufacturing capabilities • 11 crane facilities in 9 states • ~160 crane rental assets • ~ 225 employees Market leader in crane distribution, rental, and service support 5
Slide 6: Strategic Rationale
Strategic Rationale • Grow Aftermarket activities in North America • Capture less cyclical, higher margin revenue streams • Closer end customer relationships • Acquisition price of $130 million • Accretive to earnings and cash in first 12 months • EBITDA margins of approximately 20% 6
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