CMCO Stock Recent News

CHARLOTTE, N.C. , March 24, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share.

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 announced that it won the bid to become the supplier of choice for stacking and intralogistics technology for PowerCo, the battery company of Volkswagen Group.

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.

CHARLOTTE, N.C. , March 4, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), today announced that it will present at the J.P.

Columbus McKinnon Corporation (NASDAQ:CMCO ) Q3 2025 Earnings Conference Call February 10, 2025 5:00 PM ET Company Participants Kristine Moser - Vice President-Investor Relations & Treasurer David Wilson - President & Chief Executive Officer Greg Rustowicz - Chief Financial Officer Conference Call Participants Canyon Hayes - D.A. Davidson Steve Ferazani - Sidoti Jon Tanwanteng - CJS Securities Walt Liptak - Seaport Research Operator Good afternoon, ladies and gentlemen, and welcome to the Columbus McKinnon Corporation Third Quarter 2025 Earnings Conference Call.

Columbus McKinnon (CMCO) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.74 per share a year ago.

Business combination materially improves scale and product scope, advancing Columbus McKinnon's strategy as the holistic provider of intelligent motion solutions in materials handling Complementary portfolio enhances strategic positioning in attractive verticals and target geographies, delivering an even stronger portfolio of products Transaction valued at approximately $2.7 billion at a ~8x TTM Adjusted EBITDA multiple post-synergies Expected to create ~$70 million in annual net cost synergies, improving Adjusted EBITDA Margins1 to greater than 23% and is expected to more than double revenue and triple Adjusted EBITDA1 on a pro-forma combined basis Significant combined cashflow generation expected to enable de-leveraging to Net Leverage Ratio1 of approximately 3.0x within two years post-closing2 The transaction is expected to be funded with $2.6 billion in committed debt financing and an $0.8 billion perpetual convertible preferred equity investment from CD&R CHARLOTTE, N.C. , Feb. 10

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.

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.

Successful investing requires a long-term focus, even if it means being on the wrong side of a trade temporarily, as with Columbus McKinnon Corporation. Despite recent declines in revenue and profitability, Columbus McKinnon remains a 'buy' due to management's commitment to long-term growth and appealing share prices. Management's strategy includes organic and inorganic growth, cost-cutting, and productivity improvements, aiming for significant revenue and EBITDA margin increases by the 2027 fiscal year.