Columbus Mckinnon Corp N Y Stock Price, News & Analysis

Columbus McKinnon (NASDAQ: CMCO) has published its fifth annual Corporate Sustainability Report, showcasing the company's environmental, social, and governance achievements for fiscal 2025. The report highlights significant progress in emissions reduction, including improvements in Scope 1 and 2 emissions intensity, along with advancements in recycling and waste reduction initiatives.

Under CEO David J. Wilson's leadership, the company's sustainability strategy remains integral to its mission of becoming a leading provider of material handling solutions. Key achievements include enhanced professional development programs, increased impact of global Green Teams, and preparation for the European Union Corporate Sustainability Reporting Directive.

Columbus McKinnon Corporation (Nasdaq: CMCO), a leading manufacturer of intelligent motion solutions, announced its participation in the 2025 Wells Fargo Industrials & Materials Conference. The presentation is scheduled for June 12, 2025, at 1:45 p.m. Eastern Time. Investors can access the live audio webcast through the company's Investor Relations webpage at investors.cmco.com. The webcast replay will be available until June 26, 2025. Columbus McKinnon specializes in manufacturing hoists, crane components, precision conveyor systems, rigging tools, light rail workstations, and digital power and motion control systems, focusing on commercial and industrial applications that require high safety standards and engineering expertise.

Columbus McKinnon (CMCO) reported mixed financial results for fiscal 2025. The company achieved record orders of $1.0 billion, up 3% year-over-year, driven by 8% growth in project-related business and 19% in precision conveyance. However, net sales declined 5% to $963.0 million, and the company reported a net loss of $5.1 million. The backlog increased 15% to $322.5 million. Q4 FY25 saw orders increase 2%, but net sales decreased 7% to $246.9 million with a net loss of $2.7 million. The company incurred significant costs related to pension settlement, factory consolidation, Monterrey start-up, and the pending Kito Crosby acquisition. For FY26, CMCO expects flat to slightly up net sales and adjusted EPS, excluding the impact of the pending Kito Crosby acquisition.

Columbus McKinnon (Nasdaq: CMCO), a leading manufacturer of intelligent motion solutions for material handling, has scheduled its fourth quarter and full year fiscal 2025 earnings release for May 28, 2025, before market opening. Management will host a conference call at 10:00 a.m. Eastern Time to discuss results and corporate strategy.

The conference call will be accessible via webcast on the company's Investor Relations webpage, with a replay available until June 11, 2025. Columbus McKinnon specializes in manufacturing hoists, crane components, precision conveyor systems, and digital power and motion control systems for commercial and industrial applications.

Columbus McKinnon (Nasdaq: CMCO), a leading designer and manufacturer of intelligent motion solutions for material handling, has announced its Board of Directors' approval of a regular quarterly dividend of $0.07 per common share. The dividend will be paid on May 12, 2025, to shareholders of record as of May 2, 2025.

The company, which has approximately 28.6 million shares of common shares outstanding, specializes in manufacturing key products including hoists, crane components, precision conveyor systems, rigging tools, light rail workstations, and digital power and motion control systems. Their focus remains on commercial and industrial applications requiring safety and quality through superior design and engineering expertise.

Columbus McKinnon (NASDAQ: CMCO) has been selected as the supplier of choice for PowerCo, Volkswagen Group's battery company, to provide stacking and intralogistics technology for their gigafactories in St. Thomas, Canada, and Valencia, Spain.

The company will implement its montrac® precision conveyance solution for battery cell stacking processes, along with transportation lines across the new facilities. CEO David Wilson highlighted potential orders exceeding $100 million over the next few years through this partnership.

This marks CMCO's fourth consecutive quarter of significant battery production-related orders, strengthening its position in the electrification and battery production vertical market. The montrac® technology, acquired by CMCO in 2023, features ESD-safe transport capabilities and has over 5,000 installations worldwide.

Columbus McKinnon (Nasdaq: CMCO), a leading designer and manufacturer of intelligent motion solutions, announced its participation in the Sidoti Small Cap Virtual Investor Conference scheduled for March 20, 2025 at 1:45 p.m. Eastern Time.

The presentation will be accessible via live audio webcast through the company's Investor Relations webpage at investors.cmco.com, with replay availability until April 3, 2025.

The company specializes in manufacturing key products including

• hoists
• crane components
• precision conveyor systems
• rigging tools
• light rail workstations
• digital power and motion control systems

focusing on commercial and industrial applications that demand high safety standards and engineering excellence.

Columbus McKinnon (Nasdaq: CMCO), a leading designer and manufacturer of intelligent motion solutions, announced its participation in the J.P. Morgan 2025 Industrials Conference. The presentation is scheduled for March 11, 2025, at 4:55 p.m. Eastern Time.

The presentation will be accessible through a live audio webcast on the company's Investor Relations webpage at investors.cmco.com. A replay will remain available until March 24, 2025.

Columbus McKinnon specializes in intelligent motion solutions including hoists, crane components, precision conveyor systems, rigging tools, light rail workstations, and digital power and motion control systems. The company focuses on commercial and industrial applications requiring high safety standards and engineering expertise.

Columbus McKinnon (NASDAQ: CMCO) has announced a definitive agreement to acquire Kito Crosby in an all-cash transaction valued at $2.7 billion. The transaction is expected to close later this year, funded by $2.6 billion in debt financing and an $0.8 billion perpetual convertible preferred equity investment from CD&R.

The combined company is projected to generate annual revenue of $2.1 billion and Adjusted EBITDA of $486 million. The merger is expected to create approximately $70 million in annual net cost synergies and improve Adjusted EBITDA margins to over 23%. The company aims to reduce its Net Leverage Ratio from 4.8x to approximately 3.0x within two years post-closing.

Kito Crosby, currently owned by KKR, operates globally with nearly 4,000 employees serving over 50 countries and generated $1.1 billion in revenue in 2024. The merger will enhance Columbus McKinnon's position in material handling solutions with expanded presence in key verticals and geographies.