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Columbus McKinnon Corporation — Q2 FY27 Earnings Summary

  • Net sales reached $539.3 million (up 107% YoY), driven by the Kito Crosby Acquisition which contributed $300.2 million, while legacy CMCO sales grew 5.3%; orders totaled $562.6 million (up 122% YoY) for a 1.0x book-to-bill ratio.
  • The Company raised full-year FY27 guidance for net sales to $2.13 billion–$2.17 billion, Adjusted EBITDA to $425 million–$440 million, and Adjusted EPS to $2.00–$2.15, while lowering capital expenditure guidance to $45 million–$55 million.
  • GAAP reported a net loss of $25.5 million due to a $200 million goodwill impairment in the Precision Conveyance unit and $12.5 million in acquisition expenses, though Adjusted Net Income rose 74% to $31.1 million and Adjusted EBITDA margin expanded 520 basis points to 20.6%.
  • Strategic progress includes the successful integration of Kito Crosby with synergy realization ahead of plan, the divestiture of U.S. power chain hoist and chain manufacturing operations, and a commitment to debt paydown while maintaining a quarterly dividend of $0.07 per share.
Company
COLUMBUS MCKINNON CORP
Sector
Industrials
Industry
Farm & Heavy Construction Machinery