The Manitowoc Company is experiencing rapid revenue and margin expansion, driven by surging demand from data center and European construction projects. Q2 saw double-digit top-line growth and an 85.9% YoY jump in adjusted EBITDA, with gross margins expanding as COGS grew more slowly than revenues. European segment revenues rose 30.7% in Q2, with EBIT losses narrowing sharply; a move to 5% EBIT margin could add over half MTW's current enterprise value.