Reinforces CMCO's growing leadership position in the fast-growing electrification and battery production vertical end market Reports fourth consecutive quarter of significant battery production related orders, demonstrating strength of montrac® solution CHARLOTTE, N.C., March 19, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer and manufacturer of intelligent motion solutions, products and technologies for material handling, today ...

CHARLOTTE, N.C., March 13, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), today announced that it will present at the Sidoti Small Cap Virtual Investor Conference on March 20, 2025, at approximately 1:45 p.m. Eastern Time.The live audio webcast will be available via the Columbus McKinnon Investor Relations webpage at investors.cmco.com. A replay of the webcast will be available on the Company's Investor Relations page shortly following the presentat ...

13320 Ballantyne Corporate Place Suite D Charlotte, NC 28277 Immediate Release EXHIBIT 99.1 News Release Columbus McKinnon Reports Q3 FY25 Results CHARLOTTE, NC, February 10, 2025 - Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced financial results for its fiscal year 2025 third quarter, which ended December 31, 2024. Third Quarter 2025 Highlights (compared ...

February 10, 2025 Q3 Fiscal 2025 Earnings & Kito Crosby Deal Announcement David Wilson President & Chief Executive Officer Gregory Rustowicz Executive Vice President Finance & Chief Financial Officer Kristine Moser Vice President, Investor Relations & Treasurer Safe Harbor Statement This presentation and the accompanying oral discussion contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward- looking statements are generally identified b ...

Financial Data and Key Metrics Changes - The company reported adjusted EPS of $0.56 on sales of $234 million, reflecting an $0.08 impact from unfavorable foreign exchange movements [10][24] - Net sales decreased by 8% year-over-year, primarily due to a 9% decline in short-cycle sales [19][20] - Gross profit decreased by $11.8 million, with a GAAP gross margin of 35.1% and an adjusted gross margin of 36.8% [21][22] - Adjusted EBITDA was $37.8 million with an adjusted EBITDA margin of 16.1% [25] - Free cash flow was $6.2 million, a decrease of $16.9 million compared to the prior year [25][26] Business Line Data and Key Metrics Changes - Short-cycle orders were down 6% year-over-year, while project-related orders remained flat [16] - Precision conveyance grew by 16% and linear motion was up 8% from the prior year [17] - Project-related backlog increased by 3%, driven by strength in precision conveyance and linear motion [18] Market Data and Key Metrics Changes - U.S. customers exhibited cautious behavior due to evolving policy environments, particularly regarding tariffs [11] - Demand in Europe, especially in Germany and France, was subdued [11] Company Strategy and Development Direction - The company is consolidating two smaller precision conveyance factories into its largest U.S. facility as part of its footprint simplification plan [13][14] - The acquisition of Kito Crosby is expected to enhance scale, market position, and financial performance, creating a combined entity with over $2 billion in sales [31][32] - The strategic combination aims to leverage industry megatrends such as nearshoring and labor scarcity [41][42] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about medium to long-term business prospects despite short-term challenges [12][20] - The company anticipates a mid-single-digit sales decrease year-over-year for fiscal 2025, resulting in a low teens decline in adjusted EPS [28][29] - Management is confident in generating over $200 million of free cash flow annually post-acquisition [68] Other Important Information - The company expects to achieve $70 million in net cost synergies by the end of year 3 post-acquisition [32][45] - The acquisition is expected to be accretive to adjusted earnings per share in the first year [34] Q&A Session Summary Question: Early prioritizations for the $70 million in cost savings - Management outlined categories including supply chain optimization and operational efficiency as primary focus areas for cost savings [56] Question: Longer-term margin profile differences between the two businesses - Kito Crosby's portfolio includes critical lifting and securement consumables, which have a more resilient revenue profile [60][62] Question: Concerns about leveraging up in a global uncertainty environment - Management expressed confidence in the free cash flow generation of the combined businesses and expects EBITDA to grow [68][70] Question: Overview of Kito's facilities and tariff implications - Kito's facilities are generally regionally located, with Japan supplying products to the U.S., which poses a moderate risk regarding tariffs [73] Question: Impact of the acquisition on current consolidation efforts - The acquisition fits well within the company's existing growth framework and will not pause current consolidation plans [78][84] Question: Confidence in synergy numbers amid trade war uncertainties - Management believes the synergy targets are achievable and has conducted thorough assessments to validate these numbers [86] Question: Price multiple for Kito Crosby - The acquisition price multiple is 8 times post-synergy leverage and just over 10 pre-synergy [96][98] Question: Kito Crosby's sales and gross margin - Kito Crosby reported $1.1 billion in sales with a gross margin in the high 30s to 40% range [100][102]

Group 1: Earnings Performance - Columbus McKinnon reported quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.74 per share, and down from $0.74 per share a year ago [1] - The earnings surprise was -24.32%, with the company having surpassed consensus EPS estimates only once in the last four quarters [2] - The company posted revenues of $234.14 million for the quarter, missing the Zacks Consensus Estimate by 6.52%, and down from $254.14 million year-over-year [3] Group 2: Stock Performance and Outlook - Columbus McKinnon shares have declined approximately 8% since the beginning of the year, while the S&P 500 has gained 2.5% [4] - The company's earnings outlook is mixed, with current consensus EPS estimates for the coming quarter at $0.93 on revenues of $278.66 million, and $2.98 on revenues of $1.01 billion for the current fiscal year [8] Group 3: Industry Context - The Manufacturing - Material Handling industry, to which Columbus McKinnon belongs, is currently in the bottom 16% of over 250 Zacks industries, indicating potential challenges for stock performance [9]

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 001-34362 For the quarterly period ended December 31, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Columbus McKinnon Corporation (Exact name of registrant as specified in its charter) New York 16-0547600 (St ...

Core Viewpoint - Columbus McKinnon Corporation has announced a definitive agreement to acquire Kito Crosby Limited for $2.7 billion in an all-cash transaction, aimed at enhancing its position as a leading provider of intelligent motion solutions in material handling [1][2][4]. Company Overview - Columbus McKinnon is a designer, manufacturer, and marketer of intelligent motion solutions, focusing on material handling applications [15]. - Kito Crosby is a global leader in lifting solutions, with a strong portfolio and nearly 4,000 employees serving over 50 countries [2][16]. Transaction Details - The acquisition is valued at approximately $2.7 billion, with an expected closing later in the year, subject to regulatory approvals [1][4]. - The transaction is expected to create around $70 million in annual net cost synergies, improving Adjusted EBITDA margins to over 23% [4][8]. - The combined company is projected to have annual revenue of $2.1 billion and Adjusted EBITDA of $486 million on a pro-forma basis [8][9]. Strategic Rationale - The acquisition is seen as a strategic move to strengthen Columbus McKinnon's market position, leveraging favorable trends such as reshoring, infrastructure investment, and rising automation needs [2][4]. - The combination is expected to enhance the product portfolio and expand into attractive verticals and geographies, delivering exceptional innovation to customers [2][4]. Financial Implications - The transaction will be funded through $2.6 billion in committed debt financing and $0.8 billion in perpetual convertible preferred equity from CD&R [4][10]. - The combined cash flow generation is anticipated to enable a reduction in the Net Leverage Ratio from approximately 4.8x to about 3.0x within two years post-closing [9][10]. Management and Governance - CD&R's investment will lead to the addition of new members to Columbus McKinnon's Board of Directors, enhancing governance and operational expertise [6][7]. - The management teams of both companies share values of safety, quality, and customer focus, which are expected to create value for all stakeholders [3][5].

CHARLOTTE, N.C., Feb. 10, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced financial results for its fiscal year 2025 third quarter, which ended December 31, 2024. Third Quarter 2025 Highlights (compared with prior-year period, except where otherwise noted) Net sales of $234.1 million with 7.6% operating margin or 10.9% on an adjusted b ...

CHARLOTTE, N.C., Jan. 28, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, will release its third quarter fiscal 2025 results after the markets close on Monday, February 10, 2025.Following the release, management will host a conference call at 5:00 p.m. Eastern Time to review the financial and operating results for the period and discuss its corporate strategy and outlook.  The conference c ...