The manitowoc company reports first-quarter 2025 financial results; maintains full year 2025 guidance

Milwaukee--(business wire)--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% year-over-year. first.
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