Manitowoc(US:MTW)2025-05-07 15:03Financial Performance - Net sales reached $471 million[12] - Adjusted EBITDA was $22 million[12] - Liquidity remains strong at $307 million[24] - Free cash flows were $2.1 million[40] compared to $(42.8) million in the same period last year[40] - Adjusted ROIC is 5.1%[41] Orders and Sales - Orders totaled $610 million[12] - Non-new machine sales increased by 11% year-over-year[12] - The company plans to mitigate 80-90% of the approximately $60 million in tariff costs[27] Market Conditions - Overall positive customer sentiment exists, but tariffs are creating pockets of uncertainty[18] - North America shows improved order intake and stable rental utilization[18] - Europe shows improved customer sentiment from German infrastructure announcement and towers showing signs of recovery[18] - Asia Pacific shows India remains strong while China weakness continues[18]