The Manitowoc Company Reports Fourth-Quarter and Full-Year 2024 Financial Results; Provides Full-Year 2025 Guidance
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The Manitowoc Company reported its Q4 and full-year 2024 financial results, showing a net income of $56.7 million. Orders increased by 8.4% to $515.6 million, while net sales remained flat at $596.0 million. The company also provided guidance for 2025.
February 12, 2025 | 9:15 pm
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Manitowoc's Q4 2024 results show a strong net income of $56.7M and an 8.4% increase in orders, though net sales were flat. The company also provided 2025 guidance, indicating future expectations.
The strong net income and order growth are positive indicators for Manitowoc, suggesting potential stock price appreciation. The flat net sales may temper enthusiasm, but overall, the results and future guidance are likely to be viewed favorably by investors.
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IMPORTANCE 80
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