Terex Earnings: Growth Accelerating Across Most of the Portfolio

Terex reported sales of $1.7 billion, a 41% increase, flattered by the REV Group acquisition, but pro forma sales were up an impressive 11% on broad-based strength across segments. Adjusted EBITDA of $173 million (9.9% margin) compressed by 50 basis points due to tariffs and a poor mix in Aerials.