
Manitowoc posts FY2025 record non-new machine sales of USD 690M, up 10%

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Manitowoc Company Inc. reported record non-new machine sales of USD 690 million for FY2025, a 10% increase year-over-year. Total net sales for the year were between USD 2.25 billion and USD 2.35 billion, with adjusted EBITDA in the same range. The company expanded its aftermarket services and launched 11 new models. For FY2026, Manitowoc expects similar net sales and adjusted EBITDA, with improved customer sentiment in Europe but muted in North America due to tariff uncertainties. A new Hiab distribution agreement was also announced.
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