Columbus McKinnon Blueprint for Growth Strategy Continues to Strengthen Earnings Power in Second Quarter Fiscal Year 2020
Columbus McKinnon Corporation (CMCO)
Last columbus mckinnon corporation earnings: 2/4 06:30 am
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Source: Business Wire
BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of motion control products, technologies and services for material handling, today announced financial results for its fiscal year 2020 second quarter, which ended September 30, 2019.Second Quarter Highlights (compared with prior-year period)Revenue up 1.8% adjusted for divestitures and changes in foreign currency exchange rates driven by impact of 80/20 Process and solid projects businessBlueprint for Growth strategy delivered operating margin expansion of 80 basis points to 12.2%; Adjusted operating margin expanded 100 bps to 12.7%$5.2 million in operating income contributions realized from 80/20 process, including footprint rationalization, more than offset headwindsNet income was $16.6 million, up 4.3%; Adjusted net income increased 8.1%Generated strong operating cash flow of $40 million in the quarterMark Morelli, President and CEO of Columbus McKinnon,
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News
- David Wilson Bought 40% More Shares In Columbus McKinnon [Yahoo! Finance]Yahoo! Finance
- Columbus McKinnon to Present at the Baird 2024 Global Industrials Conference [Yahoo! Finance]Yahoo! Finance
- Columbus McKinnon to Present at the Baird 2024 Global Industrials ConferencePR Newswire
- Columbus McKinnon Corporation (NASDAQ:CMCO) Goes Ex-Dividend Soon [Yahoo! Finance]Yahoo! Finance
- Columbus McKinnon Reports 16% Order Growth in Q2 FY25PR Newswire
CMCO
Earnings
- 10/30/24 - Beat
CMCO
Sec Filings
- 11/15/24 - Form 4
- 11/4/24 - Form 4
- 11/1/24 - Form SC
- CMCO's page on the SEC website