Question · Q4 2025
Kevin O'Regan with Wells Fargo inquired about the 2026 sales outlook, focusing on regional growth expectations and product contributions, and also asked for insights into the cadence and progression of the CRANES+50 strategy for 2026.
Answer
Senior Vice President of Marketing and Investor Relations, Ion Warner, and Executive Vice President and CFO, Brian Regan, highlighted the strong performance of the tower crane business as a 2026 tailwind, while noting the U.S. market faces mixed conditions due to tariffs, prompting restructuring. Regarding the CRANES+50 strategy, they anticipate a relatively flat cadence, with headwinds from used crane sales due to tariffs, but expect improved margins from lower used revenue.
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