Tennant Company: CFO's Q4 Breakdown Proves Dividend Is Safe Despite The ERP Disaster

Tennant Company suffered after a failed ERP rollout, but management's transparency and remediation efforts inspire confidence. Management expects ERP situation to stabilize in H1 2026; a clean Q1 print could trigger a rapid revaluation. The real growth engine is AMR robotic cleaning revenue, which hit $85 million in 2025. A new dedicated TNC Robotics Group was launched to scale toward management's $250M target by 2028.