Terex Corporation announced Q4 2020 income from continuing operations of $14.9 million, or $0.21 per share, on net sales of $786.7 million. The company reinstated its quarterly dividend for 2021 at $0.12 per share.
Terex delivered another quarter of improving operating performance despite the challenges associated with the pandemic.
The company generated over $140 million of free cash flow in 2020 through aggressive working capital management.
Terex entered 2021 in a very strong financial position, with $670 million of cash and over $1.1 billion of total available liquidity.
Expectations are that 2021 sales will be approximately $3.45 billion, and EPS will be approximately $1.95 to $2.35.
Terex expects 2021 sales to be approximately $3.45 billion, and EPS to be approximately $1.95 to $2.35.
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