Terex Corp (NYSE:TEX)
$ 61.68 0.52 (0.85%) Market Cap: 4.15 Bil Enterprise Value: 4.48 Bil PE Ratio: 8.17 PB Ratio: 2.40 GF Score: 86/100

Terex Corp at Deutsche Bank Global Industrials & Materials Summit Transcript

Jun 05, 2019 / 06:25PM GMT
Release Date Price: $28.22 (+0.89%)
Chad Dillard
Deutsche Bank AG, Research Division - Research Associate

Hi. Good afternoon, everyone. My name is Chad Dillard. I'm the lead analyst here at Deutsche Bank for the machinery sector as well as engineering and construction.

So right now, I'm pleased to have Terex with us. We're going to start off with a brief presentation, then followed by Q&A. And I'm pleased to have John Garrison, the CEO; as well as Brian Henry, the Head of Investor Relations. So without further ado, I'll hand it over to John, and then we can get started.

John L. Garrison
Terex Corporation - Chairman, President & CEO

Thanks, Chad. Good afternoon, everybody. Just a quick overview and as Chad said, we'll go to Q&A. I would have you look at the forward-looking statements because we are be making forward-looking statements in this presentation.

So if you look at Terex, a substantial improvement in our operating profit, 44%; in our earnings per share, 58% in Q1 of '18 versus Q1 of '19 as reported. That's a result of the Focus, Simplify and Execute to

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