Manitowoc Q1 orders rise 10% YoY, sales fall 5%; maintains FY guidance

MANITOWOC CO INC

2025-Q1 EPS reported -$0.18 revenue$470,900,000

Orders of $610.3M, up 10.1% YoY; backlog $797.8M.
Net sales $470.9M, down 4.9% YoY; non-new machine sales $160.6M (+10.6%).
Adjusted EBITDA $21.7M, down 30.7% YoY.
Net cash from ops $12.9M (up $43.5M YoY); free cash flow $2.1M.
Maintains full year 2025 guidance; Europe tower crane orders up 68% YoY.

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