Core Insights - Kalmar has signed an agreement with OSTP Finland for the delivery of five Medium Forklift Trucks, along with a five-year Essential Care maintenance contract, aimed at enhancing efficiency and sustainability in operations [1][4] - The order is recorded in Kalmar's Q4 2025 order intake, with delivery scheduled for Q3 and Q4 2026 [1] Company Overview - OSTP is a prominent manufacturer of stainless steel pipes, tubes, and fittings, emphasizing quality and efficiency through innovative production methods and digital tools [2] - Kalmar, headquartered in Helsinki, Finland, operates globally in over 120 countries and reported sales of approximately EUR 1.7 billion in 2024, focusing on sustainable material handling equipment and services [5] Operational Impact - The new Kalmar Medium Forklift Trucks will support OSTP's material handling needs as the company expands its offerings and prioritizes sustainability [3] - The partnership with Kalmar is seen as crucial for OSTP's long-term development towards more digital and efficient operations, ensuring safe and reliable material handling solutions [4]

Core Viewpoint - Columbus McKinnon Corporation is offering $1,225.0 million in senior secured notes to finance the acquisition of Kito Crosby Limited, with the offering subject to market conditions [1][2]. Financing Details - The net proceeds from the notes offering will be used to finance the acquisition, repay Kito Crosby's existing debt, refinance Columbus McKinnon's existing debt, and cover related fees and expenses [2]. - The offering is not contingent upon the completion of the acquisition, but the notes will be subject to mandatory redemption if the acquisition does not close by August 10, 2026, or if the company determines it will not occur by that date [3]. Security and Guarantees - Initially, the notes will be unsecured and not guaranteed by any subsidiary. After the acquisition, they will be secured by a first priority interest in the company's assets and guaranteed by its U.S. subsidiaries [4]. Regulatory Information - The notes and related guarantees will not be registered under the Securities Act of 1933 and will be offered only to qualified institutional buyers and certain accredited investors [5]. Company Overview - Columbus McKinnon is a leading designer, manufacturer, and marketer of intelligent motion solutions, focusing on commercial and industrial applications that require safety and quality [7].

Core Viewpoint - Columbus McKinnon Corporation has announced preliminary unaudited financial results for its third quarter ending December 31, 2025, indicating expected growth in net sales and adjusted EBITDA compared to previous periods [1][2]. Financial Performance - The company anticipates net sales between $250 million to $260 million for Q3 2025 and between $747 million to $757 million for the nine months ended December 31, 2025 [2]. - Adjusted EBITDA is expected to range from $38 million to $40 million for Q3 2025 and between $115 million to $117 million for the nine months ended December 31, 2025 [2]. - Adjusted EPS is projected to be between $0.58 to $0.63 for Q3 2025 and between $1.70 to $1.75 for the nine months ended December 31, 2025 [3]. Orders and Backlog - The company estimates that orders received during Q3 2025 will be between $245 million and $250 million, a decrease from $253.7 million in Q2 2026 [3]. - Backlog is expected to be between $335 million and $345 million as of December 31, 2025, reflecting a 3% decrease from $351.6 million in Q2 2026 but a 5% increase from $322.5 million at the end of fiscal 2025 [4]. Acquisition and Divestiture - The preliminary financial results do not account for the pending acquisition of Kito Crosby Limited or the divestiture of its U.S. power chain hoist and chain manufacturing operations [5]. Adjusted EBITDA Definition Update - The company has revised its definition of Adjusted EBITDA to include stock-based compensation expense, aiming to provide investors with a clearer understanding of underlying performance [5].

Core Points - Kalmar's Board of Directors has initiated new share-based long-term incentive plans for the years 2026–2028, including the Performance Share Plan (PSP) and the Restricted Share Plan (RSP) [1][2] Group 1: Performance Share Plan (PSP) 2026–2028 - The PSP will commence in January 2026 and conclude in December 2028, with potential share rewards delivered in the first half of 2029, contingent on performance targets being met [4] - Performance criteria for the PSP include total shareholder return (absolute TSR), revenue growth in the Services segment, and sustainability targets related to CO2 emission reduction and increasing the share of women in senior and leadership positions [5] - If all performance targets are fully achieved, the maximum number of shares to be awarded under the PSP is approximately 250,000 shares, with applicable taxes deducted before delivery [6] Group 2: Restricted Share Plan (RSP) 2026–2028 - The RSP will also begin in January 2026, allowing the company to grant fixed share rewards to selected key employees, with payments made in class B shares by the end of the restriction period, no later than the first half of 2029 [7] - The maximum number of shares to be awarded under the RSP is approximately 25,000 shares, with applicable taxes deducted before delivery [8] Group 3: Other Terms and Conditions - The value of rewards under both plans is capped based on the company's share price development [9] - If an individual's employment ends before the reward payment, they generally forfeit their entitlement to the reward [9] - Kalmar has a share ownership recommendation for the President and CEO and Leadership Team members, requiring them to retain at least half of the shares received until their ownership equals at least their annual gross base salary [10]

Core Insights - Kalmar has launched a next-generation lithium-ion battery solution for its electric straddle carrier, enhancing energy capacity, thermal stability, and operating times [1][2][4] Group 1: Product Features - The Gen 2 battery has a nominal capacity of 533 kWh, which is a 25% increase over the previous generation, and a usable capacity of 453 kWh, allowing for extended equipment operating times [3] - The new battery solution enables greater flexibility in charging strategies, including depot charging during breaks and hands-free opportunity charging during shifts, facilitating hot-seat operation [3] - Kalmar electric straddle carriers equipped with the Gen 2 battery can achieve a net operating time of up to 10 hours, depending on energy consumption levels [3] Group 2: Market Demand and Sustainability - The Gen 2 battery solution is designed to meet the increasing customer demand for safer, more efficient, and sustainable cargo-handling solutions, resulting in lower total ownership costs due to reduced battery replacement needs [2] - The advanced cell chemistry of the battery contributes to improved lifecycle sustainability, aligning with the industry's shift towards more sustainable practices [2] Group 3: Company Overview - Kalmar is a global leader in material handling equipment and services, operating in over 120 countries with approximately 5,200 employees [5] - In 2024, Kalmar's sales totaled approximately EUR 1.7 billion, reflecting its significant presence in critical supply chains worldwide [5]

Core Insights - Kalmar Corporation has announced a contract to supply a fleet of forklift trucks equipped with next-generation lithium-ion battery solutions to ArcelorMittal, indicating a strategic partnership aimed at enhancing operational efficiency and sustainability in material handling [1] Group 1: Company Developments - The forklift truck fleet will feature advanced lithium-ion battery technology, which is expected to improve energy efficiency and reduce operational costs for ArcelorMittal [1] - This collaboration highlights Kalmar's commitment to innovation in the logistics and material handling sector, aligning with industry trends towards electrification and sustainability [1] Group 2: Industry Trends - The move towards lithium-ion battery solutions reflects a broader industry shift towards cleaner and more efficient energy sources in logistics and manufacturing [1] - As companies like ArcelorMittal adopt advanced technologies, the demand for innovative material handling solutions is likely to increase, presenting growth opportunities for suppliers like Kalmar [1]

Core Insights - Kalmar and Independent Rough Terrain Center (IRTC) have formed a strategic partnership to distribute and service IRTC's Rough Terrain Container Handler (RTCH) globally, enhancing Kalmar's product offerings and service capabilities [1][3] - The RTCH is specifically designed for challenging environments where traditional equipment cannot operate, making it suitable for sectors like defense, mining, and resource exploration [2][5] Company Overview - Kalmar is a global leader in sustainable material handling equipment, operating in over 120 countries with approximately 5,200 employees and reported sales of around EUR 1.7 billion in 2024 [4] - IRTC is a Texas-based manufacturer known for its RTCH, which is utilized across various industries including construction, logistics, mining, energy, and defense, providing reliable cargo movement in off-road conditions [5] Partnership Benefits - The partnership allows IRTC to leverage Kalmar's extensive global sales and service network, enhancing its reach to a wider audience [3] - Kalmar aims to support operations in challenging logistics environments, expanding the capabilities of material handling solutions in sectors such as mining and oilfield projects [3]

Core Insights - Kalmar Corporation will disclose its financial statements for 2025 and the annual report in week 9 of 2026 [1] - The Annual General Meeting is scheduled for March 31, 2026 [1] - Kalmar aims to lead in sustainable material handling equipment and services, operating in over 120 countries with approximately 5,200 employees [2] Financial Reporting Timeline - Financial Statements review for 2025 will occur on February 13, 2026 [3] - Interim report for January–March 2026 is set for May 5, 2026 [3] - Half-year financial report for January–June 2026 will be released on July 22, 2026 [3] - Interim report for January–September 2026 is scheduled for October 29, 2026 [3]

Core Viewpoint - Kalmar Corporation is set to publish its interim report for January-September 2025 on 31 October 2025, with a live conference for analysts, investors, and media scheduled for the same day [1][2]. Group 1: Upcoming Report Details - The interim report will be available at approximately 9:00 a.m. EET on 31 October 2025 [1]. - A live international telephone conference will take place at 10:00 a.m. EET, featuring presentations by President & CEO Sami Niiranen and CFO Sakari Ahdekivi [2]. - Presentation materials will be accessible on Kalmar's website by 10:00 a.m. EET [2]. Group 2: Participation Information - Participants can register for the teleconference via a provided link, after which they will receive conference phone numbers and an ID [3]. - The event will also be available as a live webcast, with a recorded version to be published later on Kalmar's website [4]. Group 3: Company Overview - Kalmar operates in over 120 countries and employs approximately 5,200 people, focusing on sustainable material handling equipment and services [6]. - In 2024, Kalmar's sales totaled approximately EUR 1.7 billion, indicating a strong presence in critical supply chains globally [6].

Core Insights - The company is preparing for the third quarter of 2025, emphasizing that trends and statements are based on current views and may change as actual data for September is not yet available [1] ITS Segment Overview - Order intake in units has shown little change in year-on-year momentum compared to the first and second quarters, indicating typical seasonal patterns where Q1 and Q3 are weaker, while Q2 and Q4 are stronger [2] - Q3 2025 is expected to reflect normal seasonal trends, with a sequential decrease in orders and units by mid-teens percentage, but a potentially higher year-over-year growth rate due to low levels in the prior year [2] - Growth has been particularly noted in the EMEA and APAC regions [2] Order Intake Value - The order intake in value terms has likely increased at a rate less than the proportional growth in units when compared year-over-year [3]