Manitex International Q4 2022 Earnings Results | Conference Call

Manitex International reported strong fourth quarter and full-year 2022 results driven by 34% organic growth in lifting equipment and robust demand in global construction markets. The company achieved 450 basis points of gross margin expansion in Q4 2022 and launched its Elevating Excellence long-term value creation strategy. With a 22% increase in backlog and adjusted EBITDA margin improvement, Manitex outlined three-year financial targets reflecting confidence in end-market strength.