Columbus McKinnon Reports Record Orders Amid Challenges

Columbus Mckinnon ( (CMCO) ) has released its Q4 earnings. Here is a breakdown of the information Columbus Mckinnon presented to its investors.

Columbus McKinnon Corporation is a leading global designer, manufacturer, and marketer of intelligent motion solutions for material handling, focusing on improving the efficiency and ergonomics of moving, lifting, positioning, and securing materials in commercial and industrial applications.

Columbus McKinnon reported record orders of $1.0 billion for fiscal year 2025, despite facing challenges such as foreign exchange impacts and short cycle order softness. The company also noted a significant backlog increase and a strategic focus on project-related business and precision conveyance.

The company’s financial performance for fiscal 2025 included net sales of $963.0 million, a 5% decrease from the previous year, and a net loss of $5.1 million, influenced by various non-cash and consolidation costs. However, the company achieved an adjusted EBITDA of $150.5 million, with a margin of 15.6%, and successfully repaid $60.7 million of debt. In the fourth quarter, Columbus McKinnon saw a 2% increase in orders, although net sales decreased by 7% due to demand softness.

Looking ahead, Columbus McKinnon remains optimistic about its strategic initiatives and the anticipated benefits from industry trends such as on-shoring and global infrastructure investments. The company is also progressing towards the acquisition of Kito Crosby, which is expected to enhance its product offerings and financial performance. Columbus McKinnon plans to continue focusing on debt reduction and leveraging its free cash flow to support its Intelligent Motion strategy.