Manitowoc(MTW) - 2025 Q1 - Quarterly Results

Exhibit 99.1 First-Quarter 2025 Highlights MILWAUKEE, Wis. - The Manitowoc Company, Inc. (NYSE: MTW) (the "Company" or "Manitowoc") today reported first-quarter orders of $610.3 million, a 10.1% increase from the prior year driven by a 68.3% increase in new machine orders in the Company's European tower crane business and a 23.8% increase in the Company's Americas segment. The Company ended the quarter with a backlog of$ 797.8 million. Net sales in the first quarter were $470.9 million, a decrease of 4.9% y ...