Manitowoc(MTW) - 2024 Q2 - Quarterly Results

Exhibit 99.1 The Manitowoc Company Reports Second-Quarter 2024 Financial Results; Updates Full-Year 2024 Guidance Second-Quarter 2024 Highlights • Net sales of $562.1 million, down 6.8% year-over-year • Adjusted EBITDA (1) of$ 36.0 million, margin percentage of 6.4% • Adjusted return on invested capital (1) of 7.1% MILWAUKEE, Wis. - The Manitowoc Company, Inc. (NYSE: MTW) (the "Company" or "Manitowoc") today reported secondquarter net income of $1.6 million, or$ 0.04 per diluted share. Second-quarter adjust ...