May. 2 at 11:28 AM
$TEX Terex backs FY25 adjusted EPS view
$4.70-
$5.10, consensus
$4.54
Backs FY25 revenue view
$5.3B-
$5.5B, consensus
$5.28B. Backs FY25 EBITDA view
$660M. "Our Q1 results reflect the important addition of ESG to the Terex portfolio. Our ES segment that accounted for about one-third of our Q1 sales is characterized by very low cyclicality and a strong, resilient margin profile. MP and Aerials performed in line with our 2025 plans, as sales and margins are expected to improve heading into the second quarter through higher production and continued cost control," commented Jennifer Kong-Picarello, CFO.
"We continued to execute our balanced capital allocation strategy in the quarter, returning value to shareholders while continuing to invest for longer-term organic growth. We are closely following the administration's approach to international trade policy and the responses from countries around the world. The majority of the products we sell in the United States, we make in the United States which largely limits our exposure.
Moreover, we initiated mitigation actions last year and in the first quarter of 2025 in anticipation of additional tariffs, leveraging our global capabilities to manage the impact. As a global company with a significant footprint in the United States and around the world, we have optionality and are ready to take additional actions if needed."
