Manitowoc Company, Inc. (MTW)

kad472487 (96.36) Submitted: 10/14/07 10:55 PM : Start Price: $49.14 MTW Score: -43.61

Just finished some extensive research on MTW, as I am considering adding it to my real-life portfolio. This company is a sure fire outperformer over the next few years. I love they way they've expanded their overseas business this decade (Percentage of sales from Europe/Middle East/Africa has grown from 3% in 2000 to 35% in 2006). They also opened a new crane plant in China in 2006 that is 3 times the size of the previous plant there. Throughout this foreign expansion, they've kept a remarkable overall growth trend throughout each sector of the company, with EBITDA increasing by 174% since 2001. MTW also recorded a 12th straight year of positive revenue growth, with an increase of over 30% in 2006. I wish they were a little more diversified, seeing as 76% of their revenue comes from the Crane Group, but I don't forsee the market for cranes slipping anytime in the future, especially in Europe and Asia. Cranes aside, the Marine Group posted 25% revenue growth in 2006. The Foodservice Group slacked behind a little bit in 2006, with revenue increasing by only 4%, but seeing as how only 14% of their revenue comes from there, it doesn't bother me one bit.

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