Terex Corp (STU:TXG)
€ 47.16 -0.39 (-0.82%) Market Cap: 3.15 Bil Enterprise Value: 3.40 Bil PE Ratio: 7.48 PB Ratio: 1.73 GF Score: 80/100

Terex Corp at Credit Suisse Global Industrials Conference (Virtual) Transcript

Dec 03, 2020 / 12:30PM GMT
Release Date Price: €26.6 (+4.72%)
Jamie Lyn Cook;dit Suisse AG
CrÃ;Research Division - MD, Sector Head of United States Capital Goods Research and Analyst

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Good morning, and welcome to the Eighth Annual Credit Suisse Industrials Conference. My name is Jamie Cook, and I'm the machinery analyst -- machinery and engineering and construction analyst at Crédit Suisse.

In terms of the format this morning, for today's fireside chat, I will be moderating the question-and-answer period with the management team. However, if you do have a question, please feel free to e-mail me at [email protected], and I will make sure I get that question asked for you.

Today, I'm very pleased to introduce the management team of Terex. As you recall, Terex is a market leader in their core businesses, which is Aerial Work Platforms and Material Processing. And they've gone through an incredible journey under this management team of fine-tuning the portfolio, repairing the balance sheet, and we think the next leg of the story is the restructuring in the AWP business, ahead of the upcoming recovery and getting

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