Columbus McKinnon reports growth, integration momentum continue in second fiscal quarter
Columbus McKinnon Corp. (CMCO) announced net sales growth of 107% year over year for its second quarter of fiscal year 20207, driven by its Kito Crosby acquisition.
The company delivered order growth of 122% year-over-year, both also driven by the acquisition, which closed on Feb. 3, 2026, coupled with strong performance across the Legacy CMCO and Kito Crosby platforms.
"Building on record orders and sales in the first quarter, our team delivered strong second quarter performance that exceeded expectations. Sequential revenue growth was supported by sustained strength in the Americas and bolstered by stronger than anticipated demand in both Asia and EMEA," said President and CEO David J. Wilson. "Our continued focus on improving operational execution and customer experience led to increased demand from both project and short-cycle business. Early success and strong customer response to our combined portfolio reinforce our confidence in the growth opportunities created by bringing CMCO and Kito Crosby together.
"Our integration of Kito Crosby is progressing well, supported by agile execution and strong collaboration across the combined organization," Wilson added. "With our initial integration priorities firmly underway, we are sharpening our focus on the longer-term initiatives that will unlock the potential of the combined business," continued Wilson. "Our teams are working effectively as one, and the meaningful progress we are making provides higher confidence in achieving our targeted value creation objectives."
Fiscal Year 2027 Guidance
"Our increased full-year outlook reflects strong first-half orders and financial performance, as well as confidence in the execution of our strategic priorities and our ability to sustain this momentum through the second half of fiscal 2027," said Executive Vice President and Chief Financial Officer John Linker.
Based on year-to-date performance and its outlook, the company is increasing its guidance for fiscal 2027, ending March 31, 2027 as follows:
INDUSTRIAL SUPPLY MAGAZINE
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