Manitowoc reports loss but strong finish in 2020

D.Ann Shiffler Editor in Chief, American Cranes & Transport

10 February 2021

The Manitowoc Company reported fourth-quarter net income of $1.8 million, or $0.05 per diluted share. Fourth quarter adjusted net income was $6.7 million, or $0.19 per diluted share.

Net sales in the fourth quarter decreased 7.1 percent year-over-year to $430.3 million and were favorably impacted by $14.6 million from changes…

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D.Ann Shiffler Editor, American Cranes & Transport Tel: +1 512 869 8838 E-mail: [email protected]
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