CMCO news

Columbus McKinnon's board approved a quarterly dividend of $0.07 per share to be paid on November 16, 2026, boosting shareholder returns.

Columbus McKinnon amended its credit agreement on Sept. 21, 2026. The amendment, approved by lenders, allows for specified refinancing of term loans, with the first amendment effective date set to follow.

Columbus McKinnon Corp reported record First Quarter FY27 sales of $531.5 million, driven by the recent Kito Crosby acquisition and a 1.1x book-to-bill ratio. The company raised its FY27 guidance on the back of strong order growth and ongoing synergy achievement, though it reported a net loss attrib…

The Board of Directors authorized a regular quarterly dividend of $0.07 per share to be paid on August 17, 2026, signaling shareholder returns during the period.

Columbus McKinnon Corporation presented its full year fiscal 2027 guidance including net sales, Adjusted EBITDA, and free cash flow targets at the Wells Fargo Industrials and Materials Conference on June 10, 2026. The company outlined expectations for synergy realization from the Kito Crosby acquisi…

Columbus McKinnon received auditor consent to incorporate Kito Crosby Limited's financial statements into existing Form S-8 registration statements. This filing facilitates the company's ability to use these registration statements for employee benefit plans.

Columbus McKinnon delivered record orders of $1.2 billion and net sales of $1.2 billion in fiscal 2026, driven primarily by the Kito Crosby acquisition completed in Q4. The company reported a net loss of $230 million due to a $200 million goodwill impairment from sustained stock price decline, thoug…