Tennant Company Reaffirms 2026 Guidance Amid Robust Order Growth and Robotics Expansion
Tennant Company (TNC) reported strong third-quarter performance, highlighted by a 9.5% increase in orders driven primarily by North American demand. CEO David Huml noted significant progress in the company's strategic direction, specifically pointing to rapid growth within their robotics business segment. The company has reaffirmed its full-year 2026 guidance and projects robotics revenue to reach between $130 million and $145 million. However, as part of operational adjustments, Tennant has decided to halt its planned ERP rollout across the EMEA region.
Tickers: $TNC
Topics: earnings report order growth revenue growth robotics business