Terex Corporation (N:TEX)

Business Focus: Heavy Machinery & Vehicles

Sector:  Industrials Industry:  Heavy Machinery & Vehicles
See Regulatory Filings on SEC
Company Contact
Address: 200 Nyala Farms Rd
WESTPORT CT 06880-6265
Tel: 1-203-2225954
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)
Stoyan Filipov
President - Terex Cranes
Kieran Hegarty
President - Terex Materials Processing
Brian Jerome Henry
Senior Vice President - Finance and Business Development and Investor Relations
Eric I. Cohen
Senior Vice President, General Counsel, Secretary
Kevin A. Barr
Senior Vice President - Human Resources
Business Overview
Terex Corporation is a manufacturer of lifting and material processing products and services that deliver lifecycle solutions. The Company has three business segments: Aerial Work Platforms (AWP), Cranes and Materials Processing (MP). It delivers lifecycle solutions to a range of industries, including the construction, infrastructure, manufacturing, shipping, utility, quarrying and mining industries. The AWP segment designs, manufactures, services and markets aerial work platform equipment, telehandlers and light towers. The AWP segment's products are used by its customers to construct and maintain industrial, commercial and residential buildings and facilities, and for other commercial operations, as well as in a range of infrastructure projects. The Cranes segment's products are used by its customers for construction and manufacturing facilities, among others. The MP segment's products are used by its customers in construction, infrastructure and recycling projects.
Financial Overview
For the three months ended 31 March 2019, Terex Corporation revenues increased 2% to $1.14B. Net income before extraordinary items decreased 17% to $57.2M. Revenues reflect Terex Aerial Work Platforms segment increase of 14% to $727.9M, Eliminations/Corporate segment increase from $4.7M to $62.5M, Terex Materials Processing segment increase of 14% to $346.2M.
Employees: 11,700 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $3,212M as of Mar 31, 2019
Annual revenue (TTM): $5,001M as of Mar 31, 2019
EBITDA (TTM): $387.30M as of Mar 31, 2019
Net annual income (TTM): $126.40M as of Mar 31, 2019
Free cash flow (TTM): -$236.30M as of Mar 31, 2019
Net Debt Last Fiscal Year: $1,169M as of Mar 31, 2019
Shares outstanding: 71,200,000 as of Apr 29, 2019
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization