Columbus McKinnon Reports 5% Decline in Fiscal Year 2025 Net Sales, Adjusted Operating Income Drops 22.5% in Q4

Reuters
05/28
Columbus McKinnon Reports 5% Decline in Fiscal Year 2025 Net Sales, Adjusted Operating Income Drops 22.5% in Q4

Columbus McKinnon Corporation reported a decrease in net sales to $246.9 million for the fourth quarter of fiscal 2025, marking a 7% decline compared to the same period last year. The decline in sales was attributed to a 2% negative impact from foreign exchange rates and reduced short cycle demand. However, orders increased by 2%, driven by a 14% rise in precision conveyance and automation. The company posted a net loss of $2.7 million for the quarter, translating to a net margin of -1.1%. This was influenced by significant costs related to the pending acquisition of Kito Crosby, amounting to $8.5 million, alongside $3.8 million in factory consolidation costs and $2.4 million in Monterrey, MX start-up costs. Columbus McKinnon's gross profit declined by 15.4% to $79.8 million, with a gross margin of 32.3%, down from 35.5% in the previous year. Adjusted Gross Profit also decreased by 10.4% to $87.0 million. The company reported an adjusted operating income of $24.1 million, a reduction from $31.1 million in the previous year, and an adjusted EBITDA of $36.1 million, down 16.1%. In the fiscal year 2025, the company repaid $60.7 million of debt. Additionally, Columbus McKinnon is continuing with its strategic initiatives, including the pending acquisition of Kito Crosby, which involved costs of $10.3 million. The company remains focused on enhancing its earnings power and cash generation capability.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Columbus McKinnon Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: NY97172) on May 28, 2025, and is solely responsible for the information contained therein.

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