The Manitowoc Company, Inc. announced consolidated unaudited earnings results for fourth quarter and full year ended Dec. 31, 2013. For the quarter, the company reported net sales of $1,104.3 million, operating earnings of $98.5 million, earnings from continuing operations before taxes on income of $60.7 million, earnings from continuing operations of $59.4 million or $0.18 per diluted share, net earnings attributable to company shareholders of $20.9 million or $0.15 per diluted share, net cash provided from operating activities of $270.6 million, capital expenditures of $38 million compared to the net sales of $1,128.1 million, operating earnings of $78 million, earnings from continuing operations before taxes on income of $34.1 million, earnings from continuing operations of $36.5 million or $0.27 per diluted share, net earnings attributable to company shareholders of $34.5 million or $0.26 per diluted share, net cash provided from operating activities of $233.9 million, capital expenditures of $22.7 million, for the same quarter a year ago. Excluding special items, the adjusted earnings from continuing operations were $63.9 million, or $0.47 per diluted share, in the fourth quarter of 2013, versus adjusted earnings from continuing operations of $36.7 million, or $0.27 per diluted share, in the fourth quarter of 2012.

For the year, the company reported net sales of $4,048.1 million, operating earnings of $364.4 million, earnings from continuing operations before taxes on income of $225.2 million, earnings from continuing operations of $189.1 million or $1.14 per diluted share, net earnings attributable to company shareholders of $141.8 million or $1.05 per diluted share, net cash provided from operating activities of $323.1 million, capital expenditures of $110.7 million compared to the net sales of $3,913.3 million, operating earnings of $296.9 million, earnings from continuing operations before taxes on income of $146.9 million, earnings from continuing operations of $108.9 million or $0.82 per diluted share, net earnings attributable to company shareholders of $101.7 million or $0.76 per diluted share, net cash provided from operating activities of $162.4 million, capital expenditures of $72.9 million for the previous year. Adjusted EBITDA was $468.5 million. Excluding the special items described in the reconciliation below, adjusted earnings from continuing operations in 2013 were $195.9 million or $1.45 per share, versus adjusted earnings from continuing operations of $110.7 million, or $0.83 per share in 2012.

For the full-year 2014, the company expects capital expenditures of approximately $90 million. The company expects effective tax rate in the mid-to-high 20% range. Depreciation & amortization expects approximately $120 million and interest expense expects approximately $100 million.