CHARLOTTE, N.C., Jan. 20, 2026 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced today an offering of $1,225.0 million in aggregate principal amount of senior secured notes due 2033 (the "Notes") in connection with the Company's previously announced pending acquisition (the "Acquisition") of Kito Crosby Limited ("Kito Crosby"). The proposed offeri ...

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 Viewpoint - Columbus McKinnon Corporation will present at the 2025 Baird Global Industrial Conference on November 12, 2025, at approximately 5:05 p.m. Eastern Time [1]. Company Overview - Columbus McKinnon is a leading worldwide designer, manufacturer, and marketer of intelligent motion solutions, focusing on efficiently and ergonomically moving, lifting, positioning, and securing materials [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 in commercial and industrial applications [3]. Investor Relations - A live audio webcast of the presentation will be available on the Columbus McKinnon Investor Relations webpage, with a replay accessible until November 19, 2025 [2].

Core Insights - Columbus McKinnon Corporation will release its second quarter fiscal 2026 results on October 30, 2025, before market opens [1] - A conference call will be held at 10:00 a.m. Eastern Time to discuss financial results and corporate strategy [2] - The company specializes in intelligent motion solutions for material handling, focusing on safety and quality in commercial and industrial applications [2] Company Overview - Columbus McKinnon is a leading designer, manufacturer, and marketer of intelligent motion solutions [2] - Key products include hoists, crane components, precision conveyor systems, rigging tools, light rail workstations, and digital power and motion control systems [2] - The company aims to improve lives by efficiently moving, lifting, positioning, and securing materials [2]

Core Insights - Columbus McKinnon Corporation reported a net sales decrease of $3.8 million, or 1.6%, for the first quarter of fiscal year 2026 compared to the prior year, with net sales totaling $235.9 million [2][4] - The company experienced a net loss of $1.9 million, reflecting a net loss margin of (0.8%), which includes $8.1 million in acquisition-related expenses and $4.2 million in tariff impacts [4][5] - The backlog increased by 23% year-over-year to $360.1 million, indicating a healthy demand environment with a book-to-bill ratio of 1.1x [4][26] Financial Performance - Net sales for Q1 FY26 were $235.9 million, down from $239.7 million in Q1 FY25, with U.S. sales slightly declining by 0.7% and non-U.S. sales decreasing by 2.7% [2][4] - Gross profit fell to $77.2 million, a decrease of 13.3% from $89.0 million in the prior year, resulting in a gross margin of 32.7% [3][4] - Adjusted EBITDA for the quarter was $30.8 million, down 17.9% from $37.5 million in the previous year, with an adjusted EBITDA margin of 13.0% [5][39] Operational Highlights - The company anticipates a net tariff impact of approximately $10 million in the first half of fiscal 2026, consistent with prior guidance [1][4] - Columbus McKinnon is progressing towards the acquisition of Kito Crosby, expecting benefits from scale, improved solutions, and realization of synergies [1][4] - Capital allocation priorities include paying down debt while maintaining consistent dividend payments, with a focus on advancing the Intelligent Motion strategy [6][8] Guidance and Outlook - The company reaffirms its fiscal year 2026 guidance, expecting net sales and adjusted EPS to be flat to slightly up, while factoring in approximately $35 million of interest expense and $30 million of amortization [7][8] - The guidance does not account for the pending Kito Crosby acquisition and reflects the current understanding of the volatile tariff policy environment [7][8]

Company Overview - Columbus McKinnon Corporation is a leading designer, manufacturer, and marketer of intelligent motion solutions for material handling [3] - The company focuses on commercial and industrial applications that require safety and quality through superior design and engineering [3] Upcoming Financial Results - Columbus McKinnon will release its first quarter fiscal 2026 results before the market opens on July 30, 2025 [1] - Management will host a conference call at 10:00 a.m. Eastern Time to review financial and operating results and discuss corporate strategy and outlook [2] Conference Call Details - The conference call will be available via live webcast on the company's Investor Relations webpage [2] - A replay of the call will be accessible approximately two hours after the call, available until August 13, 2025 [2]

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]