Columbus McKinnon reports strong fiscal year results
Columbus McKinnon Corporation reported full-year sales of $839.4 million, a 31.8 percent increase over $637.1 million last year.
The results included the acquisition of STAHL CraneSystems.
Net income of $22.1 million, or 95 cents per share, compared to net income of $8.9 million, or 43 cents, in the previous year.
Sales for the fourth quarter of $214.1 million increased by 16.6 percent from $183.7 million in the same period last year. Organic sales for the quarter increased 4.2 percent.
Fourth-quarter net income of $8.5 million, or 36 cents per share, compared to a loss of $4.7 million, or a loss of 22 cents per share, in last year's fourth quarter.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
