secwatch.observer — SEC 8-K summary
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Issuer:     MANITOWOC CO INC (MTW)
CIK:        0000061986
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0000950170-25-018868
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Manitowoc Q4 net income $56.7M; FY2024 aftermarket record $629M; FY2025 guidance $2.175-2.275B
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- Q4 net sales $596M, flat YoY; net income $56.7M ($1.59 diluted); adjusted net income $3.7M ($0.10 diluted).
- Orders $515.6M (+8.4% YoY); backlog $650.2M; adjusted EBITDA $34.9M (-4.4% YoY).
- FY2024 net sales $2,178M (-2.2% YoY); non-new machine sales record $629.1M (+$16.5M YoY).
- FY2025 guidance: net sales $2.175-2.275B; adjusted EBITDA $120-145M; adj. diluted EPS $0.15-0.85.
- Acquired distribution rights for Carolinas and Georgia in Feb. to expand aftermarket footprint.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/61986/000095017025018868/0000950170-25-018868-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/61986/000095017025018868/mtw-20250212.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-018868

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