The Manitowoc Company Inc. has released an investor presentation outlining its position as a leading global crane provider, with approximately $2.2 billion in net sales and a top three market share position in each crane category, excluding China. The company reported 2024 adjusted EBITDA of $128 million and an adjusted return on invested capital of 6.0%. Manitowoc operates nine manufacturing sites and 46 service locations worldwide, employing around 4,800 people. The presentation highlights a significant focus on growing higher-margin, recurring revenue streams, particularly through aftermarket services such as parts sales, rental services, remanufacturing, and used sales. Non-new machine sales have grown by 67% from 2020 to 2024, reaching $629 million, with an aspirational target of $1 billion. Manitowoc has launched 40 new or refreshed models since January 2021 and continues to expand its service offerings and financing options for customers. You can access the full presentation through the link below.