Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

The Manitowoc Company Provides FY 2008 Financial Guidance
Dec 12, 2007
 Printable format
 Email this Article
 Search

The Manitowoc Company, Inc. provided guidance for the company's anticipated financial performance in fiscal 2008.

"Our global leadership in the lifting industry is again providing the foundation for excellent financial performance," said Glen E. Tellock, president and CEO. "Based on our forecast for continued robust demand in all markets for our entire line of Crane products as well as continued solid contributions from our Foodservice and Marine segments, we expect earnings per diluted share for 2008, excluding any unusual items, to be in a range of $3.20 to $3.40."

The company expects that foodservice sales are expected to increase at a percentage rate in the mid-single digits, in spite of industry estimates for slowing sales growth. Foodservice is expected to achieve a modest full-year margin improvement to the mid-teens range.

Overall, the company expects to exceed its current guidance for full year 2007 earnings per share. The company is raising its most recent earnings per share guidance of US$2.45 to $2.50 per share to a new range of $2.55 to $2.60 per share.

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows