Steve Ferazani

James Kirby

Jon Tanwanteng

Matt Summerville

Walter Liptak

Canyon Hayes

Charlie Strauzer

Jonathan Tanwanteng

- Columbus McKinnon reported strong **Q2 fiscal 2026** results, with **net sales increasing 8% year over year to $261 million** and **adjusted EPS improving sequentially to $0.62**.  **[0001005229_2216371_1]** 
- The company updated its **full-year fiscal 2026 net sales guidance to low to mid single-digit growth**, up from previous guidance, while **reaffirming adjusted EPS guidance of flat to slightly up** year over year.  **[0001005229_2216371_3]** 
- Management expects a **$10 million tariff-related cost impact** to operating profit for fiscal 2026, with efforts to achieve **tariff cost neutrality by the end of fiscal 2026** and margin neutrality in fiscal 2027.  **[0001005229_2216371_1]** **[0001005229_2216371_4]** 
- The pending Kito Crosby acquisition is now expected to **close by the end of the current fiscal year**, with the combined entity projected to have **over $2 billion in sales** post-integration.  **[0001005229_2216371_2]** **[0001005229_2216371_6]** 
- Backlog remains healthy at **$352 million**, an **11% increase** versus the prior year, despite a **3% year-over-year decrease in orders** due to large project orders in the prior year.  **[0001005229_2216371_1]**

CMCO Reports Q2 Fiscal 2026 Results, Updates Sales Guidance, and Provides Kito Crosby Acquisition Update

- **Columbus McKinnon reported Q2 FY26 net sales of $261.0 million, an 8% increase** compared to the prior-year period, driven by growth across all platforms with particular strength in lifting and linear motion.  **[1005229_0001005229-25-000237_exhibit99110302025.htm:0]** 
- **Net income for Q2 FY26 was $4.6 million**, with a **1.8% net income margin**, and **Adjusted EBITDA increased 22% sequentially to $37.4 million**, representing a **14.3% Adjusted EBITDA Margin**.  **[1005229_0001005229-25-000237_exhibit99110302025.htm:0]** 
- The company reaffirmed its fiscal year 2026 guidance for **Adjusted EPS to be flat to slightly up** and increased its outlook for net sales to be **up low-to-mid single digits**.  **[1005229_0001005229-25-000237_exhibit99110302025.htm:1]** 
- **Orders for Q2 FY26 were $253.7 million**, and the **backlog increased 11% to $351.6 million**; the company also noted **$10.0 million in Kito Crosby acquisition-related expenses** for the quarter, with the acquisition expected to close by the end of the fiscal year.  **[1005229_0001005229-25-000237_exhibit99110302025.htm:0]** **[1005229_0001005229-25-000237_exhibit99110302025.htm:1]**

Columbus McKinnon Reports Q2 FY26 Sales Growth and Reaffirms Guidance

- CMCO reported **Q2 FY26 net sales of $261 million**, an **8% increase** year-over-year, alongside **Adjusted EPS of $0.62** and **Adjusted EBITDA of $37 million**.  **[0001005229_2214966:6]** **[0001005229_2214966:8]** **[0001005229_2214966:18]** 
- Orders for the quarter were **$254 million**, a 3% decrease, but the **backlog increased 11% to $352 million**, supported by **11% U.S. orders growth**.  **[0001005229_2214966:6]** **[0001005229_2214966:7]** 
- Net income for Q2 FY26 was **$5 million**, which included **$10 million** in Kito Crosby acquisition-related expenses.  **[0001005229_2214966:6]** **[0001005229_2214966:8]** 
- The company generated **$15.1 million in Free Cash Flow** during the quarter.  **[0001005229_2214966:9]** 
- For fiscal year 2026, CMCO reaffirmed guidance for net sales to be **up low-to-mid single digits** and Adjusted EPS to be **flat to slightly up**, anticipating a **$0.25 to $0.30 per share headwind** to Adjusted EPS from tariffs, with this guidance excluding the pending Kito Crosby acquisition.  **[0001005229_2214966:10]**

CMCO Announces Q2 FY26 Results with 8% Net Sales Growth and Reaffirms FY26 Guidance

- Columbus McKinnon reported **net sales of $261.0 million** for its fiscal year 2026 second quarter, an **8% increase** compared to the prior-year period.  **[1005229_20251030NY10854:0]** 
- **Orders totaled $253.7 million**, with U.S. orders growing 11% despite a weaker macroeconomic landscape in EMEA.  **[1005229_20251030NY10854:0]** 
- The company recorded **net income of $4.6 million** and **Adjusted EBITDA of $37.4 million**, which increased 22% sequentially.  **[1005229_20251030NY10854:0]** 
- **Backlog grew 11% to $351.6 million**.  **[1005229_20251030NY10854:0]** 
- Columbus McKinnon **increased its net sales outlook** and **reaffirmed Adjusted EPS guidance** for fiscal year 2026.  **[1005229_20251030NY10854:1]**

Columbus McKinnon Reports Q2 FY26 Financial Results and Reaffirms Guidance

- Columbus McKinnon Corporation entered into a **Fifth Amendment** to its Amended and Restated Credit Agreement on **September 23, 2025**.  **[1005229_0001005229-25-000227_columbusmckinnon-fiftham.htm:0]** **[1005229_0001005229-25-000227_cmco-20250923.htm:1]** 
- The amendment **extends the maturity date** for the Revolving Credit Facility from **May 14, 2026 to February 13, 2028**.  **[1005229_0001005229-25-000227_cmco-20250923.htm:1]** 
- The formula for calculating the **Total Leverage Ratio** was amended, increasing the limit on Approved Restructuring Charges from **$10.0 million to $30.0 million** during any twelve-month period and revising the limit on charges for Material Acquisitions from **15% to 20% of Consolidated EBITDA**.  **[1005229_0001005229-25-000227_cmco-20250923.htm:1]** 
- Compliance with the Leverage Covenant is now triggered only if revolving loans exceeding **30.0% of the Revolving Commitments** are outstanding on the last day of any fiscal quarter, a change from the prior trigger of any outstanding revolving loans.  **[1005229_0001005229-25-000227_cmco-20250923.htm:1]** **[1005229_0001005229-25-000227_columbusmckinnon-fiftham.htm:167]**

COLUMBUS MCKINNON CORP Amends Credit Agreement, Extends Maturity

- Columbus McKinnon (CMCO) is acquiring **Kito Crosby**, a leader in lifting and procurement products, with the deal expected to close by the **end of the year**.  **[1005229_2146123_2]** **[1005229_2146123_6]**  This acquisition is projected to yield **$70 million in net cost synergies** and significantly enhance CMCO's scale and market position.  **[1005229_2146123_3]** **[1005229_2146123_2]** 
- The combined entity is anticipated to generate approximately **$200 million in free cash flow** annually.  **[1005229_2146123_7]**  Leverage is expected to be around **five times at close**, with a target to reduce it to approximately **three times within a couple of years**.  **[1005229_2146123_7]** 
- CMCO reported a **record backlog of $360 million** at the end of the last quarter, marking a **23% year-over-year increase** driven by its project business.  **[1005229_2146123_4]** 
- The company expects to fully mitigate tariff impacts in the second half of the current fiscal year, aiming for **margin neutrality** in the next fiscal year through price increases and supply chain optimization.  **[1005229_2146123_5]** 
- CMCO is positioned to capitalize on industry megatrends including **reshoring, scarcity of labor, and global infrastructure investments**, which are expected to drive future demand.  **[1005229_2146123_2]** **[1005229_2146123_6]**

Columbus McKinnon discusses Kito Crosby acquisition, financial outlook, and market trends

- **Columbus McKinnon (CMCO)** is a **global leader in intelligent motion solutions** for material handling, operating in an approximate **$20 billion Total Addressable Market**.  **[1005229_2146109:6]** 
- The company is strategically expanding, notably through the **Kito Crosby acquisition**, which reported **$1.1 billion in 2024 Revenue** and is expected to enhance CMCO's scale and geographic reach.  **[1005229_2146109:8]** **[1005229_2146109:9]** 
- CMCO's recent financial performance is summarized below:

| Metric | FY24 | FY25 | Q2 FY26 |
|---|---|---|---|
| Net Sales ($USD Thousands) | **$1,013,540**  **[1005229_2146109:11]**  | **$963,027**  **[1005229_2146109:11]**  | **$959,221**  **[1005229_2146109:11]**  |
| Adjusted EBITDA Margin (%) | **16.4%**  **[1005229_2146109:11]**  | **15.6%**  **[1005229_2146109:11]**  | **15.0%**  **[1005229_2146109:11]**  |

- CMCO has a demonstrated history of **de-leveraging post-acquisitions**, with a **Net Leverage Ratio of 2.4x** as of **Q4 FY24**.  **[1005229_2146109:9]** **[1005229_2146109:15]**

COLUMBUS MCKINNON (CMCO)