Manitowoc´s revenue for cranes segment was up 3.3 per cent to $2.5 billion in 2013 compared to $2.4 billion in 2012. Operating earnings increased $48.3 million (28.3 per cent) and the operating margin was up 170 basis points to 8.7 per cent for 2013. In the fourth quarter, however, while orders were way up, crane sales were down. Orders at $707 million, were 30 per cent higher than the fourth quarter of 2012. Order backlog for cranes was $574 million on 31 December 2013, a decrease of $182 million from the same point in 2012. In 2013, the fourth-quarter net sales were $704.8 million, down 7.9 per cent from $764.9 million in the fourth quarter of 2012.