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Terex Corporation Announces First Quarter 2021 Results


Terex Corporation Announces First Quarter 2021 Results
- Strong Q1 financial results; sales and EPS exceeded expectations
- Delivered positive first quarter free cash flow
- Increased financial outlook for full-year 2021
- Enhanced capital structure
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NORWALK, Conn., April 29, 2021 /PRNewswire/ Terex Corporation (NYSE: TEX) announced first quarter 2021 income from continuing operations of $39.7 million, or $0.56 per share, on net sales of $864.2 million. In the first quarter of 2020, the reported income from continuing operations was ($24.7) million, or ($0.35) per share, on net sales of $833.6 million.
Our first quarter results reflect a strong start to the year, as the global markets recover from the pandemic.  I am proud of our team members as they continue to overcome the disruptions caused by COVID-19 and deliver improved performance, said Terex Chairman and Chief Executive Officer John L. Garrison, Jr. ....

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