Columbus McKinnon saw a 7% year-over-year sales decline in Q4 2025 and recorded a net loss, with notable cost pressures from factory consolidation and acquisition-related expenses.
Columbus McKinnon Corporation announced a definitive agreement to acquire Kito Crosby from KKR in an all-cash transaction valued at $2.7 billion. The combined company is expected to have annual revenue of $2.1 billion and Adjusted EBITDA of $486 million.
Columbus McKinnon reported a 16% increase in orders but a 6% decrease in net sales due to factors including Hurricane Helene and the ramp-up of linear motion production in Monterrey, Mexico. The company's GAAP EPS was ($0.52), while adjusted EPS was $0.70. They repaid $10 million of debt in the quarter and executed $4.9 million in share repurchases.
Columbus McKinnon reported a 2% increase in net sales to $239.7 million and a gross margin increase of 30 bps to 37.1% in Q1 FY25. The company reaffirms its FY25 guidance. Net income was $8.6 million, and adjusted EBITDA increased 2% to $37.5 million.
Columbus McKinnon Corporation reported record net sales of $265.5 million for Q4 2024, a 5% increase year-over-year. Net income was $11.8 million, with an adjusted EBITDA of $43.0 million, up 8%. The company is cautiously optimistic about fiscal year 2025, focusing on execution in an uncertain environment.
Columbus McKinnon reported a strong third quarter in fiscal year 2024, with significant growth in operating income and net sales. The company's performance was driven by strength across all product platforms, particularly in precision conveyance. The company also completed construction of a new manufacturing center in Mexico, expected to provide growth capacity and cost savings.
Columbus McKinnon reported record sales of $258.4 million, a 12% increase year-over-year, and record operating income of $33.4 million, up 22% from the prior year. The company's CMBS initiatives contributed to a record gross margin of 38.7%.
Columbus McKinnon reported a 7% increase in sales for Q1 2024, driven by growth in EMEA and APAC regions and strong automation and linear motion sales in the Americas. The company's gross margin expanded sequentially, and they are on track to exceed $1 billion in revenue for fiscal year 2024.
Columbus McKinnon Corporation reported record fourth quarter sales of $253.8 million and record operating income of $27.5 million for fiscal year 2023. The company's strong cash generation provides financial flexibility to complete the acquisition of montratec.
Columbus McKinnon Corporation reported a 7% increase in sales, reaching $230.4 million, driven by improved volume and pricing. Operating income grew by 32% to $20.2 million due to expanded gross margin and operating leverage. Net income also saw a 22% increase, amounting to $12.0 million, or $0.42 per diluted share.
Columbus McKinnon reported a solid second quarter with revenue up 3.6% and record operating income. The company benefited from its regional realignment initiative, which lowered costs and improved collaboration. Strong cash generation enabled debt reduction and increased financial flexibility.
Columbus McKinnon Corporation reported first quarter fiscal year 2023 results, which ended June 30, 2022. The company delivered revenue of $220 million, up 6.5% on a constant currency basis and achieved a record gross margin of 37.5%. Earnings per diluted share was $0.29, while adjusted EPS was $0.69.
Columbus McKinnon Corporation reported a 36% increase in revenue, reaching a record $253.4 million for the fourth quarter of fiscal year 2022. Net income grew by 23% to $11.8 million, and adjusted EBITDA expanded by 52% to $39.3 million. The company benefited from strong demand across all markets and contributions from recent acquisitions.
Columbus McKinnon Corporation reported a 30% increase in revenue for Q3 2022, driven by acquisitions, strong organic volume, and improved pricing. The acquisition of Garvey Corporation enhanced the precision conveyance platform. The company's backlog reached a record $295 million.
Columbus McKinnon reported a strong second quarter with a 42% increase in revenue, driven by volume, acquisition contributions, and strategic pricing. The company achieved a record gross margin of 36.3% and adjusted EBITDA margin of 16.1%. Net income was $15.2 million, or $0.53 per diluted share, while adjusted earnings per diluted share reached $0.74.
Columbus McKinnon Corporation reported a 53% increase in revenue to $213.5 million, driven by organic growth and the acquisition of Dorner Manufacturing Corporation. The company saw expansions in gross and operating margins, and achieved a record backlog. They expect second quarter fiscal 2022 sales to be within a range of approximately $225 million to $230 million at current exchange rates.