Manitowoc Company Inc. Reports $540M Net Sales and $26M Adjusted EBITDA in <a href="https://laohu8.com/S/QTWO">Q2</a> 2025; Non-New Machine Sales Increase 10% YOY
Manitowoc Company Inc. reported its financial results for the second quarter of 2025, highlighting net sales of $540 million. The company also recorded adjusted EBITDA of $26 million and received orders totaling $454 million. Non-new machine sales increased by 10% year-over-year, reaching $162 million. The market conditions varied across different regions, with North America experiencing tariff-related uncertainties, while Europe benefited from new government stimulus programs and increasing residential permits. The Middle East saw robust market demand driven by major residential, data center, and stadium projects. In Asia Pacific, prolonged weakness persisted in China, but sentiment in South Korea showed improvement following recent elections. Manitowoc also reported significant achievements in safety performance, with a recordable injury rate of 1.26 per 200,000 hours, and continued global kaizen efforts in Niella, Italy. Overall, customer sentiment remained positive, despite near-term uncertainties related to tariffs in the U.S.
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