Columbus McKinnon raised its fiscal 2027 outlook, now projecting net sales of $2.09 billion to $2.15 billion, adjusted EBITDA of $405 million to $420 million, and adjusted EPS of $1.90 to $2.10. The company reported first-quarter net sales of $531.5 million, up 125% from the prior year, and adjusted EBITDA of $111 million with a 21% margin, while adjusted EPS grew to $0.61. Management cited broad-based growth and early synergy capture following the Kito Crosby acquisition, but cautioned that Q1 included one-time cost benefits that will not repeat and that Q2 is expected to be the low point for the year, partly due to near-term demand headwinds in EMEA. Free cash flow excluding deal costs was $32.4 million, and the company paid down $18.4 million in debt, reducing its net leverage ratio to 4.9x.
Columbus McKinnon CorporationRaised fiscal 2027 guidance and reported strong Q1 results with sales up 125% and adjusted EPS growth.
Acquisition of Kito Crosby cited as driver of broad-based growth and early synergy capture, positively impacting parent company.