More orders for Manitowoc, revenue went down

For the full year 2017 orders at crane manufacturer Manitowoc were reported as US$1,864.2 million, up 32 % on the previous year. Full-year revenue was down $31.8 million or 2 per cent, to $1,581.3 million from $1,613.1 million. Adjusted EBITDA was $67.4 million. Gross profit was up 11.29 % to $281.9 million from 253.3 million … Read more