Tennant Company Q4 2022 Earnings Release Call

Tennant Company reported full-year 2022 net sales of $1,092.2 million with organic growth of 4.2%, alongside adjusted EBITDA of $133.7 million. The company exited 2022 with a record global backlog of approximately $325 million and provided 2023 guidance projecting net sales between $1,115 million and $1,155 million. Key performance metrics show sequential quarterly improvement and strong Q4 organic sales growth of 9.7%.