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Terex raises 2026 sales, profit outlook after strong Q2 execution, CEO says

PUBT·08/03/2026 20:50:29
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Terex raises 2026 sales, profit outlook after strong Q2 execution, CEO says
  • Terex raised 2026 guidance following a stronger second quarter, citing backlog strength and improving execution across the portfolio.
  • Now sees sales of $7.9-$8.2 billion, adjusted EBITDA of $960 million-$1 billion, adjusted EPS of $4.7-$5.1.
  • Second-quarter revenue reached $2.2 billion; adjusted EBITDA totaled $269 million; bookings rose 25% to $2 billion; backlog stood at $6.9 billion.
  • Management flagged ongoing strategic review of the Aerials segment, citing interest from multiple parties with no outcome details disclosed.
  • Free cash flow outlook set at $300-$350 million; net debt ended the quarter at $2.28 billion; net leverage improved to 2.3x.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Terex Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000097216-26-000130), on August 03, 2026, and is solely responsible for the information contained therein.