Exhibit 99.1 The Manitowoc Company Reports Fourth-Quarter and Full-Year 2025 Financial Results; Provides Full- Year 2026 Guidance Fourth-Quarter 2025 Highlights Full-Year 2025 Highlights MILWAUKEE, Wis. - The Manitowoc Company, Inc. (NYSE: MTW) (the "Company" or "Manitowoc") today reported fourth- quarter net income of $7.0 million, or $0.19 per diluted share. Fourth-quarter adjusted net income (1) was $9.5 million or $0.26 per diluted share. Orders in the fourth quarter were $803.4 million, a 55.8% increas ...

HIAB loader crane HIAB loader crane HIAB CORPORATION, PRESS RELEASE, 9 FEBRUARY 2026 AT 3:00 PM (EET) Hiab expands US footprint with appointment of MGX Equipment Services as new dealer in 13 states Hiab, a leading provider of smart and sustainable on-road load handling solutions, has signed a strategic dealer agreement with MGX Equipment Services LLC (MGX) expanding the distribution and service network for HIAB loader cranes across 13 states in the US. MGX is a wholly-owned subsidiary of The Manitowoc C ...

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About The Manitowoc Company, Inc. The Manitowoc Company, Inc. was founded in 1902 and has over a 120-year tradition of providing high- quality, customer-focused products and support services to its markets. Manitowoc is one of the world's leading providers of engineered lifting solutions. Manitowoc, through its wholly-owned subsidiaries, designs, manufactures, markets, and supports comprehensive product lines of mobile hydraulic cranes, lattice-boom crawler cranes, boom trucks, and tower cranes under the Gr ...

Core Insights - The Manitowoc Company (MTW) has shown a solid recovery in its EURAF segment, driven by strong order activity primarily in Europe, resulting in single-digit growth in the second half of FY25 [1] Group 1: Company Performance - Manitowoc's EURAF segment is experiencing a recovery with increased order activity [1] - The growth observed is characterized as single-digit, indicating a positive trend in the company's performance [1]

Summary of The Manitowoc Company FY Conference Call Company Overview - The Manitowoc Company (NYSE: MTW) is a crane company with a market capitalization of $2.2 billion, offering a broad line of equipment and focusing on aftermarket services [2][48]. Core Business Strategy - The company is transitioning from a manufacturing-centric model to a service-oriented approach, emphasizing non-new machine sales, which include parts, services, rentals, and used cranes [2][3]. - Non-new machine sales have grown from below $400 million to $676 million on a trailing 12-month basis, demonstrating resilience during cyclical downturns in the crane industry [3][31]. Financial Performance - The EBITDA margins for non-new machine sales are approximately 35%, significantly higher than traditional crane sales [4][21]. - The company aims to reach $3 billion in revenue, leveraging market tailwinds, acquisitions, and organic growth in non-new machine sales [43][44]. Market Dynamics - The crane industry is cyclical, closely following trends in oil, gas, and mining sectors. Recent years have seen challenges, but there are signs of recovery, particularly in the tower crane business [5][6][51]. - The company has identified significant infrastructure needs in Europe, particularly in Germany, where there are 3,000 bridges needing repair or replacement [12][13]. Growth Opportunities - Major infrastructure projects in Europe, such as nuclear power plants and housing developments, are expected to drive demand for cranes [10][11]. - The U.S. infrastructure bill has not yet translated into expected growth, but there are opportunities in data centers and AI support [11][12]. Competitive Landscape - The crane rental market has seen consolidation, with many fleets aging beyond optimal levels. Manitowoc sees this as an opportunity to provide newer equipment and services [6][7]. - The company is focused on enhancing customer relationships through service, aiming to increase the number of field service technicians from 500 to 1,000 or 1,500 [48][49]. Challenges - Tariffs have impacted the business, with an expected $8 million effect this year. The company is actively managing pricing strategies to offset these costs [52][53]. - The cyclical nature of the crane business makes forecasting difficult, with recent tariffs causing a slowdown in the U.S. market [51]. Technological Integration - The company is exploring AI and automation to improve service efficiency, particularly through software that tracks machine performance and service history [56][59]. - There is a focus on training and improving the skill set of field service technicians to enhance service delivery [60][62]. Conclusion - Manitowoc is transforming into a service-oriented business model, with a strong emphasis on aftermarket sales and customer service. The company is well-positioned to capitalize on upcoming infrastructure projects and market recovery, despite facing cyclical challenges and tariff impacts [48][49].

Core Viewpoint - The Manitowoc Company, Inc. is facing potential challenges due to a complaint filed by the VDMA Materials Handling and Intralogistics Association regarding unfair competition from Chinese mobile cranes in the European Union [1] Group 1: Complaint Details - The VDMA has requested an urgent investigation by the European Commission into the influx of mobile cranes from China [1] - The complaint highlights that the marketing conditions of these Chinese mobile cranes result in unfair competition for European producers [1] Group 2: Industry Implications - The situation may lead to increased scrutiny and regulatory actions affecting the mobile crane market within the European Union [1] - The outcome of the investigation could impact pricing, market share, and competitive dynamics for companies operating in the mobile crane sector in Europe [1]

Financial Performance - For the three months ended September 30, 2025, net sales increased 5.4% to $553.4 million from $524.8 million in the same period in 2024[120]. - Orders for the three months ended September 30, 2025 increased 15.7% to $491.4 million from $424.7 million for the same period in 2024[117]. - Gross profit for the three months ended September 30, 2025 increased 17.1% to $102.6 million compared to $87.6 million for the same period in 2024[124]. - Consolidated net sales for the nine months ended September 30, 2025 decreased 1.2% to $1,563.8 million from $1,582.0 million for the same period in 2024[123]. - Gross profit percentage for the three months ended September 30, 2025 increased 180 basis points to 18.5% compared to 16.7% for the same period in 2024[125]. - Orders for the nine months ended September 30, 2025 increased 10.5% to $1,555.6 million from $1,407.2 million for the same period in 2024[118]. - The Company reported net income of $5.0 million for the three months ended September 30, 2025, compared to a net loss of $(7.0) million in the same period of 2024[166]. - Operating income for the trailing twelve months ended September 30, 2025, was $49.8 million, showing a positive trend in operational performance[163]. Expenses and Costs - Engineering, selling, and administrative expenses for the three months ended September 30, 2025 increased 5.7% to $83.4 million from $78.9 million for the same period in 2024[128]. - Interest expense for the three months ended September 30, 2025 was $9.8 million, a slight increase from $9.6 million for the same period in 2024[130]. - Other expense - net for the three months ended September 30, 2025, was $0.8 million, a decrease from $4.9 million in the same period of 2024, primarily due to lower currency losses[133]. - For the nine months ended September 30, 2025, other expense - net was $4.8 million, compared to $3.9 million for the same period in 2024, driven by $3.1 million in net currency losses[134]. - The provision for income taxes for the three months ended September 30, 2025, was $2.5 million, compared to a benefit of $0.3 million in 2024, reflecting changes in jurisdictional mix[135]. Segment Performance - Americas segment net sales increased by 6.7% to $306.4 million for the three months ended September 30, 2025, from $287.1 million in 2024, primarily due to higher non-new machine sales[138]. - EURAF segment net sales increased by 28.7% to $163.2 million for the three months ended September 30, 2025, from $126.8 million in 2024, driven by higher tower crane sales[142]. - MEAP segment net sales decreased by 24.4% to $83.8 million for the three months ended September 30, 2025, from $110.9 million in 2024, primarily due to lower new machine sales[146]. Cash Flow and Liquidity - Cash flows used for operating activities increased to $68.9 million for the nine months ended September 30, 2025, from $63.2 million in 2024, mainly due to a $43.2 million payment to settle a legal matter with the EPA[151]. - Net cash provided by financing activities increased to $95.9 million for the nine months ended September 30, 2025, from $81.0 million in 2024, primarily due to additional net borrowings under the ABL Revolving Credit Facility[153]. - The company's total liquidity as of September 30, 2025, was $212.7 million, down from $320.9 million as of December 31, 2024[154]. - As of September 30, 2025, total debt increased to $500.4 million from $390.2 million as of December 31, 2024, representing a 28.3% increase[158]. - Free cash flows for the nine months ended September 30, 2025, were $(93.6) million, slightly improved from $(97.6) million in the same period of 2024[168]. Capital and Investments - Capital expenditures for the nine months ended September 30, 2025, were $24.7 million, down from $34.4 million in the same period of 2024[168]. - The Company plans to opportunistically raise capital in the debt capital markets and bank credit markets[158]. - The Company’s Adjusted ROIC as of September 30, 2025, was 4.8%, indicating the efficiency of capital utilization[162]. - For the three months ended September 30, 2025, adjusted EBITDA was $34.1 million, with an adjusted EBITDA margin of 6.2%[166]. Compliance and Risk Management - The Company was in compliance with all covenants related to its debt instruments as of September 30, 2025[158]. - The company continues to assess the potential impact of tariffs and is evaluating mitigation strategies, including supply chain adjustments and pricing strategies[115].

Financial Data and Key Metrics Changes - The company generated $553 million in revenue for Q3 2025, representing a 5% increase year-over-year [4][14] - Adjusted EBITDA for the quarter was $34 million, up 30% year-over-year, with an adjusted EBITDA margin of 6%, an increase of 120 basis points compared to the previous year [4][15] - Orders totaled $491 million, a 16% increase compared to the same period last year [13][14] - Backlog at the end of the quarter was $667 million, with an expectation that approximately 60% will ship by year-end [14] Business Line Data and Key Metrics Changes - Non-new machine sales reached $177 million, up 5% year-over-year, with a trailing 12-month total of $667 million, marking a record [4][15] - The tower crane business saw a 34% increase in new machine orders year-over-year, marking the fifth consecutive quarter of improvement [8][13] Market Data and Key Metrics Changes - In Europe, housing permits are up, indicating positive trends for the tower crane business, particularly in Germany and France [6][7] - The Middle East market remains strong, with significant projects in Saudi Arabia and the UAE requiring additional cranes [9] - North America experienced a 20% increase in total orders during the third quarter, despite ongoing tariff-related uncertainties [10][11] Company Strategy and Development Direction - The company is focused on its Crane Plus 50 strategy, which aims to enhance margins and create more consistent revenue streams [19][23] - New product launches are planned for 2026, including a Grove 8-axle all-terrain crane expected to generate significant revenue [23] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the macroeconomic environment in Europe, with signs of recovery in the construction sector [6][7] - The company is actively managing tariff impacts and believes in fair trade, continuing to defend its position against unfair practices [11][12] Other Important Information - The company achieved a recordable injury rate of 0.83, a 36% decrease from the same period last year, reflecting ongoing safety improvements [6] - The company is facing challenges related to inventory management and working capital, with expectations of modest improvements by year-end [15][18] Q&A Session Summary Question: What are the drivers of the margin improvement? - Management indicated that growth in non-new machine sales and improvements in the tower crane business are key drivers of margin enhancement [28][29] Question: Was the total sales increase mainly driven by the tower cranes? - Management confirmed that the increase in total sales was indeed influenced by the 34% rise in tower crane orders, along with some recovery from previous quarter misses [32]

Financial Performance - Net sales for the third quarter of 2025 were $553 million[14] - Non-new machine sales reached $177 million, up 5% year-over-year[14] - Adjusted EBITDA for the third quarter of 2025 was $34 million, representing a 6.2% adjusted EBITDA margin, up 120 bps year-over-year[14] - The company achieved a new trailing twelve-month (TTM) non-new machine sales record of $667 million[15] - Net income for the third quarter of 2025 was $5 million, compared to a loss of $7 million in the same period of 2024[54] - Adjusted EBITDA for the third quarter of 2025 was $34.1 million, compared to $26.2 million in the same period of 2024[56] Market Conditions and Strategy - The overall market environment is positive, but tariffs are creating near-term uncertainty in the U S[22, 23] - The company is focused on driving net leverage under 30x[29] - The company is driving value creation by servicing customers through initiatives like the CRANES+50 program[39] - The company is also driving value creation with new aftermarket products[49]