 MANITEX INTERNATIONAL, INC. (NASDAQ: MNTX) May 2015 Corporate Presentation Exhibit 99.1 |
 Safe Harbor Statement under the U.S. Private Securities Litigation Reform Act of 1995: This presentation contains statements that are forward-looking in nature which express the beliefs and expectations of management including statements regarding the Company’s expected results of operations or liquidity; statements concerning projections, predictions, expectations, estimates or forecasts as to our business, financial and operational results and future economic performance; and statements of management’s goals and objectives and other similar expressions concerning matters that are not historical facts. In some cases, you can identify forward- looking statements by terminology such as “anticipate,” “estimate,” “plan,” “project,” “continuing,” “ongoing,” “expect,” “we believe,” “we intend,” “may,” “will,” “should,” “could,” and similar expressions. Such statements are based on current plans, estimates and expectations and involve a number of known and unknown risks, uncertainties and other factors that could cause the Company's future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. These factors and additional information are discussed in the Company's filings with the Securities and Exchange Commission and statements in this presentation should be evaluated in light of these important factors. Although we believe that these statements are based upon reasonable assumptions, we cannot guarantee future results. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise. Non-GAAP Measures: Manitex International from time to time refers to various non-GAAP (generally accepted accounting principles) financial measures in this presentation. Manitex believes that this information is useful to understanding its operating results without the impact of special items. See Manitex’s Q1 2015 earnings release on the Investor Relations section of our website www.manitexinternational.com for a description and/or reconciliation of these measures. FORWARD-LOOKING STATEMENT & NON-GAAP MEASURES NASDAQ : MNTX 2 |
 COMPANY SNAPSHOT Global provider of highly specialized cranes; straight- mast and knucklebooms Materials and container handling equipment Miscellaneous specialized equipment Equipment distribution segment Construction-residential and non-residential Military Power line construction Railroads Ports Government/agency Energy exploration and field development Launched as a private company in 2003 Publicly traded since 2006 NASDAQ: MNTX Industry consolidator: consistently adding branded product lines through M&A since 2006 Manitex International Inc. NASDAQ : MNTX 3 Niches Served Company Origin |
 COMPANY TIMELINE NASDAQ : MNTX 4 MARCH 2002 Manitowoc (NYSE:MTW) acquires Grove JANUARY 2003 Manitowoc divests Manitex |
  Engineered lifting equipment Manitex boom trucks SkyCrane aerial platforms Sign cranes Rough Terrain (RT) forklifts Special mission-oriented vehicles Carriers Heavy material handling Transporters & steel mill equipment Leading Italian manufacturer of truck-mounted hydraulic knuckle boom cranes Diverse product lines ranging up to 108 metric tons in lifting capacity; sales in 50 countries Compact track loaders and skid-steer loaders Commercial and Residential Markets Generally ideal for pick & carry and digging applications, site clearance OUR LARGEST PRODUCT GROUPS NASDAQ : MNTX 5 |
 COMPETITIVE POSITIONING Core Competency Strong brand history Acknowledged product development record International dealers enable us to follow demand Focused on specialized equipment and niche end-markets Products Niche markets Broad end-user base Highly customized/specialized; will configure-to-order Parts and service an important part of business model Superior ROI Lower capital commitment for a boom truck vs. competitors’ custom cranes of similar lifting capacity Usually less or no special permitting vs. competitors’ custom cranes of similar lifting capacity NASDAQ : MNTX 6 |
 FINANCIAL SUMMARY SNAPSHOT Key Statistics $000, except % 2010 2011 2012 2013 2014 Revenues $95,875 $142,291 $205,249 $245,072 $264,081 Gross Margin (%) 24.3% 20.6% 19.7% 19.0% 18.3% Adjusted EBITDA* $8,676 $11,120 $17,957 $21,483 $20,864 Adj. EBITDA Margin (%)* 9.0% 7.8% 8.7% 8.8% 7.9% Net income* $2,109 $2,780 $8,077 $10,178 $8,816* Backlog $39,905 $83,700 $130,352 $77,281 $107,327 *Excludes $1.7M in after-tax acquisition and other costs--see reconciliation of non-GAAP items, slide 20) Stock Price (5/12/15) $ 8.06/share Market Cap (5/12/15) $ 129.1M Total Ent. Value (5/12/15) $ 324M Ticker / Exchange MNTX/NasdaqCM Basic Shares O/S $15.9 M Diluted Shares O/S $15.9 M Est. Total Debt $ 200 M Capitalization NASDAQ : MNTX 7 |
 KEY 2014/2015 TRANSACTIONS ASV and PM-Group ASV (closed 12/2014) Agreement with Terex Corporation that brings a broad product line of rubber-track compact and skid-steer loaders and accessories to the product group. ASV, Inc. had trailing twelve month revenues of approximately $130 million. Manitex contributes $25M, with $20M in common shares and debt securities being issued to Terex, as well as $5M in cash; ASV has $44M in non-recourse debt. PM-Group S.p.A (closed 1/2015) is a leading Italian manufacturer of truck mounted hydraulic knuckle boom cranes with a product range spanning more than 50 models. PM-Group had trailing twelve month revenues of approximately $100 million. Consideration was $30.4 million, consisting of $20.3 million in cash, $10.1 million in equity, and the assumption of $56.7 million in non-recourse PM-Group debt and liabilities. ASV PM- Group S.p.A NASDAQ : MNTX 8 |
 CONSISTENT FINANCIAL GROWTH Historically Consistent EBITDA Margin 9.0% 2010-2013 CAGR was 36.7% (pre-PM Group and pre-ASV) *2014 pro forma bar includes ASV and PM 2009 2010 2011 2012 2013 2014PF NASDAQ : MNTX 9 |
 MARGIN EXPANSION OPPORTUNITIES 2015-2017 Cost reductions through sourcing and operating efficiency initiatives Continued integration of ASV and PM Group Optimize our capital allocation Invest in and grow our higher margin businesses-PM, ASV, Manitex are our portfolio’s “top producers” with respect to margins and addressable markets Consider “addition by subtraction” for lower margin units that could have synergies elsewhere Balance sheet improvement Return our debt and capital ratios to historic range Reduce debt servicing costs NASDAQ : MNTX 10 |
 LIFTING EQUIPMENT MARKET OVERVIEW – STRAIGHT MAST Broader market: ~65% of cranes shipped in the smaller tonnage range; ~75% of Manitex shipments have been in larger tonnage Focus on being a niche player allows specialization tailored towards customers’ needs Production distribution skewed toward larger tonnage machines First to launch 50-ton crane (May 2007) Have developed a series of products around the demand for larger tonnage cranes Boom Truck Crane Tonnage Distribution Market vs Manitex < 17 17 > 22.9 23 > 29.9 30 > 35.9 36 > NASDAQ : MNTX 11 We are over represented in the most attractive, highest margin part of the market. Principal products: boom truck cranes that vary in height & tonnage capacity Smaller tonnage cranes (<30 tons) more focused on general construction markets; larger cranes (30+ tons) focus on power line construction and energy Larger tonnage cranes in higher demand since economic downturn Boom truck cranes typically less expensive than rough terrain and all terrain cranes 29% 24% Market Overview Manitex Market Position 50% |
 THE KNUCKLE BOOM MARKET $2.3 Billion Globally (Management Estimates) Large Market of $2.3 BN is roughly 2X the size of the straight-mast boom truck market (global) PM has a geographically diverse customer base with 70% of its business outside Europe North American knuckleboom market is growing Opportunity to increase PM Group’s No. American market presence through Manitex’s distribution network Knuckleboom Market Worldwide Sales (US$, millions) Western Europe Eastern Europe North America South America Rest of World Palfinger HIAB FASSI PM Group Rest of Market North American Knuckleboom Market 11% PM Group 22% NASDAQ : MNTX 12 $1400 Western Europe 40% South America 27% PM Sales by Region 30% |
 REPLACEMENTS PARTS&SERVICE Consistent recurring revenue stream throughout the cycle Typically generates 10%-20% of net sales in a quarter/year (ASV is approx. 25%) Typically carry 2x gross margin of core equipment business Spares relate to swing drives, rotating components, & booms among others, many of which are proprietary Serve additional brands Service team for crane equipment Automated proprietary system implemented in principal operations NASDAQ : MNTX 13 |
 INVESTMENT HIGHLIGHTS Broad Industry & Geographic Distribution Manitex dealer network provides footprint for on-going North American expansion PM Group has little penetration in US and has excellent non-US and non-Europe customer base No Customer represents over 10% of annual revenues Experienced Management Seasoned senior management over 70 years of collective industry experience Successfully integrated multiple acquisitions Significant management ownership Growth in End Markets Niche markets with solid demand drivers for products Steadying of construction environment and energy markets driving demand Diverse end markets result in risk mitigation Flexible Operating Model Customer focused design strategy Diversified product offering Quickly adaptable to changes in demand* Commitment to innovation, research, & product development Growth in Key Financial Metrics Revenue and earnings growth have consistently outpaced market and industrial peers since 2009 Backlog at $109M as of 3/31/2015 *In 2009 “Great Recession” only ONE quarter without positive EBITDA A consolidator in the lifting and hauling industry, Manitex International serves addressable markets with an estimated $4 BN in annual sales NASDAQ : MNTX 14 |
 MANITEX INTERNATIONAL, INC. FINANCIAL OVERVIEW May 2015 *Results may contain adjustments, please see reconciliation to GAAP on Slide 20 and other Manitex source disclosure and CSS filings. |
  KEY FIGURES Quarterly USD thousands except as noted Q1-2015 Q1-2014 Q4-2014 Net sales $105.882 $62,576 $66,909 Gross profit 20,313 11,604 12,623 Gross margin % 19.2% 18.5% 18.9% Operating expenses 18,171 7,993 8,531 Adjusted Net Income 1,518 1,877 2,185 Adjusted EBITDA 8,030 4,722 5,330 EBITDA % of Sales 7.6% 7.5% 8.0% Backlog ($ million) 109.6 100.0 107.3 NASDAQ : MNTX 16 |
 SUMMARY BALANCE SHEET 31-Mar-15 31-Dec-14 31-Dec-13 31-Dec-12 Current Assets $223,519 $174,317 $121,798 $104,777 Fixed Assets 44,281 28,846 11,143 10,297 Other Long-Term Assets 175,817 113,074 49,673 36,430 Total Assets $443,617 $316,237 $182,614 $151,504 Current Liabilities $124,581 $84,461 $47,930 $43,351 Long-Term Liabilities 183,850 103,770 49,693 48,620 Total Liabilities 308,431 188,231 97,623 91,971 Shareholders’ Equity 135,186 128,006 84,991 59,533 Total Liabilities & Shareholders’ Equity $443,617 $316,237 $182,614 $151,504 NASDAQ : MNTX 17 |
 WORKING CAPITAL Operating working capital increase of $25.9m ($20.3m is from PM acquisition) Working capital ratios now reflect higher proportion of international activity N. America based operations DSO is 66 days and DPO is 45 days Current ratio would be 2.1 at March 31, 2015 adjusting for PM working capital facilities of $20.3m that are transactional and therefore current, (compared to N. American term lines of credit that are long term) March 31, 2015 Dec 31, 2014 Working Capital $98,938 $89,856 Days sales outstanding (DSO) 74 83 Days payable outstanding (DPO) 62 60 Inventory turns 2.8 2.2 Current ratio 1.8 2.1 Operating working capital 147,943 122,031 Operating working capital % of annualized LQS 34.9% 45.6% NASDAQ : MNTX 18 |
 DEBT AND LIQUIDITY Repayments of debt principal of $2.8m in Q1-2015: This includes prepayment of $1.5m on Comerica term loan Availability, based on collateral, under working capital lines in N. America of $14.8m and $6.6m in ASV Average Debt Cost approximates 6% March 31, 2015 Dec 31, 2014 Total Cash $5,578 $4,370 Total Debt 200,375 112,294 Total Equity 135,186 128,006 Net capitalization 329,983 235,930 Net debt / capitalization 59.0% 45.7% Adjusted EBITDA (3 months) $8,030 $5,330 Adjusted EBITDA % of sales 7.6% 8.0% NASDAQ : MNTX 19 |
 DEBT AND LIQUIDITY As of March 31, 2015 PM ASV Other Total Working capital facilities 20,295 16,219 46,225 82,739 Term debt 36,002 39,500 12,000 87,502 Capital leases - - 4,983 4,983 Convertible notes - - 20,951 20,951 Other acquisition notes - - 4,200 4,200 $56,297 $55,719 $88,359 $200,375 Note: Non-recourse to Manitex International Inc. $56,297 $55,719 - $112,016 Interest cost for three months ended March 31, 2015 - - - $2,934 NASDAQ : MNTX 20 |
 3 Months Ended March 31 2015 March 31 2014 Net (loss) income (224) 1,877 Net income attributable to noncontrolling interest 294 - Income tax Interest expense 34 2,934 905 805 Foreign currency transaction losses (gain) (945) 11 Other (income) expense 10 13 Acquisition and other expense Depreciation and Amortization 3,027 2,900 - 1,111 Adjusted Earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) $8,030 $4,722 Adjusted EBITDA % to sales 7.6% 7.5% 3 Months Ended March 31 2015 March 31 2014 Net (loss) income as reported Pre-tax acquisition and other expenses (224) 3027 1,877 - Tax effect based on jurisdictional blend Increase in net income to non-controlling interest (879) (406) - - Adjusted Net Income Weight average diluted shares outstanding $1,518 15,836,423 $1,877 13,840,506 Diluted earnings per share as reported Total EPS Effect ($0.01) $0.11 $0.14 - Adjusted Diluted earnings per share $0.10 $0.14 *NON-GAAP RECONCILIATIONS Q1 2015 Reconciliation of GAAP Net Income to Adjusted EBITDA (in thousands) Reconciliation of GAAP Net Income to Adjusted Net Income (in thousands) NASDAQ : MNTX 21 |
 First Quarter 2015 Pre-tax After tax EPS Deal transaction related $2,687 $1,903 $0.12 Exceptional operating cost $357 $245 $0.02 Change in non-controlling interest Total $(406) $2,638 $(406) $1,742 $(0.03) $0.11 *NON-GAAP RECONCILIATIONS Q1 2015 Acquisition and other expense NASDAQ : MNTX 22 |
 EXPERIENCED MANAGEMENT TEAM David Langevin Chairman & CEO 20+ years principally with Terex Andrew Rooke President & COO 20+ years principally with Rolls Royce, GKN Sinter Metals, Off-Highway & Auto Divisions David Gransee CFO & Treasurer Formerly with Arthur Andersen, 15+ years with Eon Labs (formerly listed) Robert Litchev President – Manufacturing Operations 10+ years principally with Terex Scott Rolston SVP Strategic Planning 13+ years principally with Manitowoc Bruce Peterson SVP Sales and Marketing 20+ years principally with Manitowoc NASDAQ : MNTX 23 |
 OPERATING COMPANIES Products, End Market, Drivers Boom trucks and cranes Sign cranes Parts Energy exploration Power transmission Industrial projects Infrastructure development Strong end market demand for specialized, competitively differentiated products for oil, gas, and energy sectors Product development Rough terrain cranes Specialized construction equipment Parts Railroad Construction Refineries Municipality Equipment replacement cycle in small tonnage flexible cranes for refinery market More efficient product offering across end markets Rough terrain forklifts Special mission-oriented vehicles Custom specialized carriers Parts Military Utility Ship building Commercial Steady, profitable growth from both commercial and military application of products Custom trailers Hauling systems for heavy equipment transport Parts Energy Mining Railroad Commercial construction U.S. energy exploration build-out Oil and gas exploration General infrastructure construction Reach stackers Container handling forklifts Parts Global container market International container market and global trade Re-establishing customer relationships and select product categories NASDAQ : MNTX 24 |
 OPERATING COMPANIES Products, End Market, Drivers Specialized equipment for liquid storage & containment 8,000-21,000 gallon capacities Large client base in energy sector Petrochemical Waste management Oil & gas drilling Reputation for quality & innovation Serves a market of over $1B annually At acquisition, TTM (3/31/13) revenues ~ $39.1M, adjusted EBITDA ~ $4.5M, EBIT ~ $4.2M Precision pick & carry cranes Automotive Chemical / petrochemical Industrial projects Infrastructure development Aerospace Construction Strong end market demand for specialized, competitively differentiated products Environmental (electric) or hazardous (spark free) developments Product development Knuckle boom cranes Truck-mounted Aerial Platforms Energy Construction Infrastructure Utilities Growing acceptance of knucklebooms in North American markets Oil and gas exploration creating demand Product development Compact track loaders Skid-steer loaders Construction Infrastructure Improving fundamentals in general construction markets, residential and light commercial NASDAQ : MNTX 25 |