Terex (TEX) - 2024 Q1 - Earnings Call Presentation

2,975 2,431 Q1 '23 Q1 '24 Results Drivers • Strong Q1 sales growth driven by higher demand at both Genie and Utilities • Q1 margin increased 180 bps driven by strong execution on higher volumes and disciplined price-cost management • Solid incremental margin of 28% • Backlog >2x historical norms Note: Figures in USD Millions Backlog 12 Strong Balance Sheet and Free Cash Flow Generation Reaffirming 2024 FCF Outlook of $325 -$375 C Ample liquidity of $866; Net leverage of 0.5x (V) ROIC of 27.6% on a TTM basi ...