Flat Genie sales in Q1 as strategic review continues

Murray Pollok Managing Editor, IRN & Director of Content, KHL

01 May 2026

Terex’s aerial platform business Genie saw a 4.2% increase in first quarter sales to US$469 million, largely the result of favourable exchange rate changes.

Tariffs were the main cause of lower EBITDA profit in the quarter, which was breakeven or 0.1% of net sales, down from 1.8% of sales in…

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