Columbus McKinnon Reports Strong Q2 2027 Results Driven by Kito Crosby Acquisition
Columbus McKinnon (CMCO) reported significant year-over-year growth in its second quarter of fiscal 2027, largely propelled by the acquisition of Kito Crosby. Net sales reached $539.3 million, a 107% increase compared to the previous year, while orders surged 122%. On a pro forma basis, net sales grew by 6.6%, supported by robust demand across the Americas and Asia Pacific regions. Despite a GAAP net loss of $25.5 million due to acquisition-related integration expenses, the company demonstrated strong operational efficiency with an adjusted EBITDA margin of 20.6%. Management raised its full-year fiscal 2027 guidance for sales, EBITDA, and EPS, signaling confidence in the combined entity's ability to realize significant cost synergies and capitalize on infrastructure and energy sector investments.
Topics: acquisition earnings report EBITDA EPS revenue growth
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