The Manitowoc Company, Inc. (NYSE:MTW) Q1 2022 Earnings Conference Call May 4, 2022 10:00 AM ET

Company Participants

Ion Warner - Senior Vice President, Marketing & Investor Relations

Aaron Ravenscroft - President & Chief Executive Officer

Brian Regan - Executive Vice President & Chief Financial Officer

Conference Call Participants

Mig Dobre - Baird

Jamie Cook - Credit Suisse

Steven Fisher - UBS

Tami Zakaria - JPMorgan

Stanley Elliott - Stifel

Operator

Good day everyone and welcome to the Manitowoc's First Quarter 2022 Earnings Call. Today's call is being recorded.

At this time for opening remarks and introductions, I would like to turn the call over to Ion Warner, Senior Vice President Marketing and Investor Relations. Please go ahead.

Ion Warner

Good morning everyone and welcome to the Manitowoc conference call to review the company's first quarter 2022 financial performance and business update as outlined in last evening's press release.

Participating on the call today are Aaron Ravenscroft, President and Chief Executive Officer; and Brian Regan, Executive Vice President and Chief Financial Officer.

Today's webcast includes a slide presentation which can be found in the Investor Relations section of our website under Events and Presentations. We will reserve time for questions and answers after our prepared remarks. I would like to request that you limit your questions to one and a follow-up and return to the queue to ensure everyone has an opportunity to ask their questions.

Please turn to slide two. Please note our Safe Harbor statement in the material provided for this call. During today's call, forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 are made based on the company's current assessment of its markets and other factors that affect its business.

However, actual results could differ materially from any implied or actual projections due to one or more of the factors among others described in the company's latest SEC filings. The Manitowoc Company does not undertake any obligation to update or revise any forward-looking statements whether the result of new information future events or other circumstances.

And with that, I will now turn the call over to Aaron.

Aaron Ravenscroft

Thank you, Ion and good morning everyone. Please turn to slide three. To start, I would like to thank the Manitowoc team for an outstanding performance in the first quarter despite another challenging period. I'll provide an update on our outlook during my closing comments, but it's fair to say that the crisis in Ukraine has intensified both parts shortages and inflation.