COLUMBUS MCKINNON CORP

Columbus McKinnon Corporation announced its participation in the 2026 Wells Fargo Industrials Conference, presenting its business outlook and strategic initiatives. The company provided its fiscal year 2027 guidance, projecting mid-point sales of $2.09 billion and an Adjusted EBITDA of $400 million. The presentation highlighted the company's pro forma financial performance for FY26, its market position in intelligent motion solutions, and its strategic focus on growth, operational excellence, and synergy realization, particularly following the Kito Crosby acquisition. Key priorities include debt reduction and achieving significant cost synergies.

Columbus McKinnon Corporation (CMCO) has filed the audited consolidated financial statements of Kito Crosby Limited, following its acquisition completed on February 3, 2026. The filing includes financial data for Kito Crosby for the years ended December 31, 2025 and 2024. For the year ended December 31, 2025, Kito Crosby reported net sales of $1,143.9 million and a net income of $15.6 million. The company's total assets stood at $1,516.4 million, with total liabilities at $1,337.0 million and total equity at $179.4 million.

Columbus McKinnon Corporation completed the Kito Crosby Acquisition on February 3, 2026, significantly enhancing its scale, geographic reach, and product portfolio in intelligent motion solutions. The company reported fiscal 2026 net sales of $1.19 billion, with U.S. sales at $668.3 million and non-U.S. sales at $525.1 million. The backlog reached $519.6 million as of March 31, 2026, partly driven by the acquisition, which also necessitated a divestiture of certain U.S. operations.

Columbus McKinnon Corporation announced its fourth quarter and full year fiscal 2026 financial results. The company reported record orders of $1.2 billion and net sales of $1.2 billion for FY26, representing a 20% and 24% increase respectively, largely driven by the Kito Crosby Acquisition. However, the company posted a net loss of $238.1 million for Q4 FY26, which included a significant $200 million non-cash goodwill impairment charge. For fiscal year 2027, Columbus McKinnon issued guidance projecting net sales between $2.05 billion and $2.12 billion, Adjusted EBITDA between $390 million and $410 million, and Adjusted EPS between $1.70 and $1.90.