Genie sales drop in Q1 as tariff pressures loom

Lindsey Anderson Editor, Access, Lift & Handlers

02 May 2025

Terex Corp.’s Aerial Work Platforms (AWP) segment, which includes Genie and Terex Utilities, reported a -27.8% year-over-year decline in first-quarter 2025 net sales, totaling $450 million. The segment’s operating profit dropped -97% to $2 million from $92 million in Q1 2024, as the company said it navigated a strategic…

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