Tennant Company (NYSE:TNC) will look for M&A. During the company?s investor day 2024, David Huml, Chief Executive Officer said that ?We're not going to do deals just to hit a target. But we want to be able to dimensionalize where our aspirations were for you, as we talked about M&A. We are actively working the funnel. We expect to be doing deals over the time horizon?.

Fay West, Senior Vice President and Chief Financial Officer said that ?M&A is a key part of our enterprise strategy, and we will carefully evaluate opportunities to ensure alignment with our long-term objectives and growth strategy. Whether it's acquiring complementary businesses or forging strategic partnerships, these investments are scrutinized for their potential to create synergies, expand market reach and drive value creation for our shareholders. Based on our cash flow generation and existing liquidity, we believe we have sufficient runway to execute against this strategic priority.

In closing, our commitment to driving revenue growth, expanding margins, generating strong free cash flow and pursuing strategic acquisitions, highlight our dedication to delivering value and positioning Tennant for continued success in the years ahead?.