Material Handling Equipment

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Kalmar’s January-June 2025 half-year financial report to be published on Friday, 25 July 2025
Globenewswire· 2025-07-11 12:00
KALMAR CORPORATION, PRESS RELEASE, 11 JULY 2025 AT 15:00 PM (EEST) Kalmar’s January-June 2025 half-year financial report to be published on Friday, 25 July 2025 Kalmar Corporation will publish its January-June 2025 half-year financial report on 25 July 2025 at approximately 9:00 a.m. EEST. The report will be available at www.kalmarglobal.com after publication. A live international telephone conference for analysts, investors and media will be arranged on the publishing day at 10:00 a.m. EEST. The event will ...
Columbus McKinnon Publishes 5th Annual Corporate Sustainability Report, Demonstrating Continued Focus on its Sustainability Strategy
Prnewswire· 2025-07-02 12:30
CHARLOTTE, N.C., July 2, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (NASDAQ: CMCO) ("Columbus McKinnon" or the "Company"), today announced the publication of its fifth annual Corporate Sustainability Report. This year's report highlights the company's continued commitment to environmental stewardship, social responsibility, and strong governance, which serves as the bedrock for the company's unwavering dedication to building a more sustainable future for its employees, customers, and communities wor ...
Kalmar’s climate targets validated by Science Based Targets initiative
Globenewswire· 2025-06-27 07:00
Core Viewpoint - Kalmar Corporation has received validation from the Science Based Targets initiative (SBTi) for its near- and long-term emissions reduction targets, committing to net-zero emissions by 2045 in alignment with the Paris Agreement's goal of limiting global temperature rise to 1.5°C [1][2][4]. Group 1: Emission Reduction Targets - Kalmar aims to reduce absolute scope 1 and 2 greenhouse gas (GHG) emissions by 90% by 2030 from a 2023 base year [6]. - The company also targets a 40% reduction in absolute scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, use of sold products, and downstream leased assets within the same timeframe [6]. - From 2030 to 2045, Kalmar commits to maintaining a minimum of 90% absolute scope 1 and 2 GHG emissions from the 2023 base year [6]. - Additionally, the company plans to reduce absolute scope 3 GHG emissions by 90% by 2045 from the 2023 base year [6]. - Kalmar's ultimate goal is to achieve net-zero greenhouse gas emissions across its entire value chain by 2045 [6]. Group 2: Commitment to Sustainability - The validation from SBTi underscores Kalmar's commitment to sustainability and its role in driving the transformation towards sustainable material handling in the industry [2][3]. - The company emphasizes the importance of sustainable innovation and collaboration with customers and suppliers to tackle emissions across its entire value chain [3]. - Kalmar's vision is to be a leader in sustainable material handling equipment and services, contributing to profitable business growth while adhering to climate science [2][5].
Kalmar launches Inspector – a new digital application to streamline daily equipment inspections
Globenewswire· 2025-06-26 07:00
NB_Kalmar Services Kalmar launches Inspector – a new digital application to streamline daily equipment inspections. KALMAR CORPORATION, TRADE PRESS RELEASE, 26 JUNE 2025 AT 10:00 AM (EEST) Kalmar launches Inspector – a new digital application to streamline daily equipment inspections Kalmar has announced the launch of Inspector, a digital inspection application to streamline routine inspections of material-handling equipment. Inspector, part of the MyKalmar ecosystem, makes equipment inspections more ef ...
Kalmar and Depot Management Finland close order for empty container handlers
Globenewswire· 2025-06-25 08:00
Core Insights - Kalmar has signed an agreement to supply two empty container handlers to Depot Management Finland Oy, with delivery expected by the end of 2025 [4][5] - The new machines are designed for efficient and safe handling of empty containers, featuring an innovative twin twistlock solution that allows for flexible handling of various container sizes without speed reduction [6][7] - Depot Management Finland is reorganizing its operations to enhance efficiency following a recent acquisition, and the new equipment will support increased container traffic at Vuosaari port [5][7] Company Overview - Kalmar operates globally in over 120 countries and employs approximately 5,200 people, with sales totaling around EUR 1.7 billion in 2024 [9]
Composition of Kalmar Corporation’s Shareholders’ Nomination Board
Globenewswire· 2025-06-13 12:00
KALMAR CORPORATION, STOCK EXCHANGE RELEASE, 13 JUNE 2025 AT 15:00 PM (EEST) Composition of Kalmar Corporation’s Shareholders’ Nomination Board New members of Kalmar Corporation’s (“Company”) Shareholders’ Nomination Board (“Nomination Board”) have been appointed. The composition of the Nomination Board as of 13 June 2025 is the following: Ville Herlin (appointed by Wipunen varainhallinta oy) Heikki Herlin (appointed by Mariatorp Oy) Timo Sallinen, Chief Investment Officer, Varma Mutual Pension Insurance ...
Columbus McKinnon Reports Record Orders in Fiscal 2025
Prnewswire· 2025-05-28 10:30
Core Insights - Columbus McKinnon Corporation reported a decrease in net sales for both the fourth quarter and the full fiscal year 2025, with a net loss attributed to various non-cash costs and operational challenges [1][5][10]. Fiscal Year 2025 Highlights - Net sales for fiscal year 2025 were $963.0 million, down 5% from $1,013.5 million in fiscal year 2024 [5][16]. - The company experienced a net loss of $5.1 million for the year, which included significant non-cash pension settlement costs and factory consolidation costs [5][16]. - Adjusted EBITDA for the year was $150.5 million, with an adjusted EBITDA margin of 15.6% [5]. Fourth Quarter 2025 Highlights - Fourth quarter net sales were $246.9 million, a decrease of 7% compared to $265.5 million in the same quarter of the previous year [3][17]. - U.S. sales fell by 10.1%, while non-U.S. sales decreased by 2.7% [3][4]. - Gross profit for the fourth quarter was $79.8 million, down 15.4% from $94.3 million in the prior year, resulting in a gross margin of 32.3% [4][17]. Orders and Backlog - The company reported record orders of $1.0 billion, up 3%, driven by growth in project-related business and precision conveyance [5][26]. - The backlog increased to $322.5 million, reflecting a 15% rise compared to the previous year [5][26]. Kito Crosby Acquisition - Columbus McKinnon is progressing towards the acquisition of Kito Crosby, which is expected to enhance its product offerings and geographic reach [7][8]. - The acquisition is subject to regulatory clearance and is anticipated to close later in the calendar year [8]. Fiscal Year 2026 Guidance - The company expects net sales and adjusted EPS to be flat to slightly up for fiscal 2026, not accounting for the Kito Crosby acquisition [10][11]. - The guidance reflects ongoing challenges from tariff policies impacting supply chain costs [10][11]. Capital Allocation - Columbus McKinnon plans to prioritize debt repayment to strengthen its balance sheet while maintaining consistent dividend payments [9].
Columbus McKinnon to Host Fourth Quarter and Full Year Fiscal 2025 Earnings Conference Call on May 28, 2025
Prnewswire· 2025-05-16 14:41
Group 1 - Columbus McKinnon Corporation will release its fourth quarter and full year fiscal 2025 results on May 28, 2025, before the market opens [1] - A conference call will be held on the same day at 10:00 a.m. Eastern Time to discuss the financial and operating results, as well as corporate strategy and outlook [2] - The conference call will be available via live webcast and a replay will be accessible for two weeks after the call [2] Group 2 - Columbus McKinnon is a leading designer, manufacturer, and marketer of intelligent motion solutions for material handling, focusing on commercial and industrial applications [3] - Key products include hoists, crane components, precision conveyor systems, rigging tools, light rail workstations, and digital power and motion control systems [3] - The company emphasizes safety and quality through superior design and engineering know-how [3]
Kalmar and London Gateway agree significant repeat order for electric straddle carriers with high-energy batteries
Globenewswire· 2025-05-07 10:00
DP World London Gateway_Credit to Miru Visuals (1) DP World London Gateway, Photo Credit Miru Visuals Kalmar Electric Straddle Carrier_Credit to DP World Kalmar Electric Straddle Carrier, Photo Credit DP World KALMAR CORPORATION, TRADE PRESS RELEASE, 7 MAY 2025 AT 13:00 PM (EEST) Kalmar and London Gateway agree significant repeat order for electric straddle carriers with high-energy batteries Kalmar has secured a significant repeat order from long-term customer DP World for 12 fully electric Kalmar ...
Kalmar introduces Kalmar One as a standalone automation solution
Globenewswire· 2025-05-07 07:00
Core Viewpoint - Kalmar has launched Kalmar One, a standalone automation solution designed to meet the growing demand for a modular and equipment-type agnostic fleet management system in terminal operations [1][4]. Group 1: Product Features - Kalmar One is an OEM and equipment type-agnostic solution that allows terminal operators to integrate and optimize their operations through a single system, standardizing automation solutions across multiple terminals [2][11]. - The solution provides a seamless interface between the terminal operating system and automated equipment, enabling terminals to maximize the efficiency of their automated assets while reducing costs [4][9]. Group 2: Key Benefits - No vendor lock: Kalmar One can interface with any brand of automated equipment, allowing customers to choose their equipment and automation suppliers independently [9]. - Optimized operations: The system enhances the end-to-end logistics flow from stack to quay, ensuring optimal performance on both quayside and landside [9]. - Scalability and flexibility: Kalmar One is modular, allowing businesses to scale their automated operations as needed and add new equipment as their fleet expands, supporting various levels of automation [9]. Group 3: Company Overview - Kalmar operates globally in over 120 countries, employing approximately 5,200 people, and reported sales of approximately EUR 1.7 billion in 2024 [5].