On February 14, 2018, Terex Corporation (Terex or the Company) held a conference call to review the Companys fourth quarter and year-end 2017 financial results, as well as its 2018 outlook. The Company wishes to reiterate and clarify elements of the Companys expectations discussed during this conference call.
During the conference call, the Company discussed market demand in its Aerial Work Platforms segment. As stated on the conference call, based on feedback from the Companys customers, Terex is seeing clear indications that the replacement cycle trough is coming to an end and we believe we are entering a period of growth over the next several years.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: February 14, 2018
/s/ John D. Sheehan
John D. Sheehan
Senior Vice President and
Chief Financial Officer
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