Record Second Highest EPS in Company History
Terex delivered earnings per share of $6.11 on sales of $5.1 billion for the fiscal year, marking the second highest full-year EPS performance in the company's history.
Strong Performance of ESG Segment
ESG achieved a 21.9% operating margin on net sales of $228 million and EBITDA of $51 million or 22% of sales in its first quarter with Terex.
Healthy Backlog and Book-to-Bill Ratio
Terex reported a backlog of $2.3 billion, with a book-to-bill ratio of 116% for legacy businesses, led by Aerial's component of AWP at 153%.
Positive Product Developments
New product innovations such as the Genie slab scissor and all-electric refuse collection body by Heil were highlighted as significant advancements.