Even a share-gaining growth story can run ahead of its end markets for only so long. Sluggish markets like energy and construction finally caught up to Manitex (MNTX) in the third quarter, as the company posted its weakest revenue growth number in quite some time. Even so, the company continues to do pretty well relative to large rivals like Terex (TEX) and Manitowoc (MTW), and the upcoming introduction of a 70-ton crane, as well as on the ongoing improvement in the CVS container-handling business, should bolster results in the coming years.
A Pause In The Trajectory
Manitex had been racking up double-digit year-on-year revenue growth for more than a year and...
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