Columbus Mckinnon ( (CMCO) ) has provided an announcement.
Columbus McKinnon reported its third-quarter fiscal year 2025 results, showing a 7.9% decline in net sales compared to the prior year, largely due to a decrease in short-cycle orders and the impact of unfavorable foreign exchange rates. Despite ongoing challenges, including U.S. policy uncertainty and weakening European economies, the company continues to focus on cost reduction and operational improvements, such as its footprint simplification initiatives, to align capacity with demand and support its long-term strategic plans.
More about Columbus Mckinnon
Columbus McKinnon Corporation is a leading designer, manufacturer, and marketer of intelligent motion solutions for material handling. The company focuses on delivering innovative and efficient solutions across various global markets.
YTD Price Performance: -7.84%
Average Trading Volume: 210,722
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $982.6M
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