Terex Corporation (N:TEX)

Sector:  Industrials Industry:  Heavy Machinery & Vehicles
See Regulatory Filings on SEC
Company Contact
Address: 200 Nyala Farms Rd
WESTPORT CT 06880-6265
Tel: N/A
Website: https://www.terex.com
IR: See website
Key People
John L. Garrison
Chairman of the Board, President, Chief Executive Officer
John D. Sheehan
Chief Financial Officer, Senior Vice President
Matthew Fearon
President - Terex Aerial Work Platforms (AWP)
Kieran Hegarty
President - Terex Materials Processing
Amy George
Chief Human Resource Officer, Senior Vice President
Scott Johnathan Posner
Senior Vice President, General Counsel, Secretary
Business Overview
Terex Corporation is a manufacturer of lifting and material processing products and services that deliver lifecycle solutions. The Company has two business segments: Aerial Work Platforms (AWP) and Materials Processing (MP). It delivers lifecycle solutions to a broad range of industries, including the construction, infrastructure, manufacturing, shipping, transportation, refining, energy, utility, quarrying and mining industries. The AWP segment designs, manufactures, services and markets aerial work platform equipment, telehandlers, light towers and utility equipment. The MP segment designs, manufactures and markets materials processing and specialty equipment. The Company offers financial products to assist its customers for renting, leasing and acquisition of its products through Terex Financial Services.
Financial Overview
For the three months ended 31 March 2020, Terex Corporation revenues decreased 27% to $833.6M. Net loss before extraordinary items totaled $24.7M vs. income of $57.2M. Revenues reflect Terex Aerial Work Platforms segment decrease of 30% to $511.7M, Eliminations/Corporate segment decrease of 90% to $6.3M, Terex Materials Processing segment decrease of 9% to $315.6M.
Employees: 9,500 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $1,815M as of Mar 31, 2020
Annual revenue (TTM): $4,050M as of Mar 31, 2020
EBITDA (TTM): $276.10M as of Mar 31, 2020
Net annual income (TTM): $127.80M as of Mar 31, 2020
Free cash flow (TTM): $194.80M as of Mar 31, 2020
Net Debt Last Fiscal Year: $833.80M as of Mar 31, 2020
Shares outstanding: 69,300,000 as of Apr 28, 2020
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization