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Terex Reports First Quarter 2022 Results

Sales of $1 billion increased 16% year-over-year Record backlog of $3.5 billion as customer demand remains strong Cost discipline with 11.1% SG&A percent of sales; Decreased spending by $3 million Operating margin improved to 7.4% EPS of $0.74 per share; Up 32% year-over-year Reaffirming full-year 2022 EPS outlook of $3.55 to $4.05 , /PRNewswire/ –…

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Terex to be Present at J.P. Morgan’s 2022 Industrials Conference

, /PRNewswire/ — Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at J.P. Morgan’s 2022 Industrials Conference. They will speak at 1:20 PM ET on Thursday, March 17, 2022. The live webcast will be accessible on the Terex Investor Relations website at https://investors.terex.com. About TerexTerex is a global…

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Terex to Present at the Evercore ISI 14th Annual Industrial Conference

NORWALK, Conn., Feb. 25, 2022 /PRNewswire/ — Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at the Evercore ISI Industrial Conference. They will speak at 2:20 PM ET on Tuesday, March 1, 2022. The live webcast will be accessible on the Terex Investor Relations website at https://investors.terex.com. About Terex…

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Terex to be Present at Citi’s 2022 Global Industrial Tech and Mobility Conference

NORWALK, Conn., Feb. 15, 2022 /PRNewswire/ — Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at Citi’s 2022 Global Industrial Tech and Mobility Conference. They will speak at 3:30 PM ET on Wednesday, February 23, 2022. The live webcast will be accessible on the Terex Investor Relations website…

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Terex to be Present at the Barclays Industrial Select Conference

NORWALK, Conn., Feb. 15, 2022 /PRNewswire/ — Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at the Barclays Industrial Select Conference. They will speak at 8:00 AM ET on Wednesday, February 23, 2022. The live webcast will be accessible on the Terex Investor Relations website at https://investors.terex.com. About…

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Terex Reports Strong Fourth Quarter and Full Year 2021 Results

– Fourth quarter earnings per share of $0.82 up significantly year-over-year- Fourth quarter operating margin of 7.0% improved 300 basis points year-over-year- Full year sales of $3.9 billion increased 26% year-over-year- Full year operating margins of 8.4% improved 620 basis points year-over-year- Repaid $503 million of debt in 2021 resulting in net leverage of 1.1x-…

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Terex Announces 8.3% Dividend Increase

View all Press Releases Terex Announces Dividend Increase of 8.3% February 10, 2022 NORWALK, Conn., Feb. 10, 2022 /PRNewswire/ — Terex Corporation (NYSE:TEX) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be paid on March 21, 2022 to all stockholders of record as of the…

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Terex Announces Investment in Viatec to Accelerate Electrification of Utilities Fleets

NORWALK, Conn., Feb. 1, 2022 /PRNewswire/ — Terex (NYSE: TEX) today announced its Series B investment in Viatec, Inc., a South Carolina-based manufacturer of plug-and-play electronic power take-off (“PTO”) systems that support electrification of utility fleets.  Terex is the lead investor in the Series B investment round along with other participants including Duke Energy. In conjunction with this…

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Terex Corporation Announces Quarterly Dividend

View all Press Releases Terex Corporation Announces Quarterly Dividend October 21, 2021 NORWALK, Conn., Oct. 21, 2021 /PRNewswire/ — Terex Corporation (NYSE:TEX) announced that its Board of Directors declared a quarterly dividend of $0.12 per share. The dividend is to be paid on December 17, 2021 to all stockholders of record as of the close of business…

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Terex Corporation Announces Second Quarter 2021 Results

– Excellent quarterly financial results as end-markets are robust- Increased financial outlook for full-year 2021- Delivered strong, positive quarterly free cash flow- Reduced leverage by prepayment of term loan- Expanded crushing and screening business with a bolt-on acquisition- Announced new Genie President NORWALK, Conn., July 29, 2021 /PRNewswire/ — Terex Corporation (NYSE: TEX) announced second quarter…