Columbus McKinnon Corporation (NASDAQ:CMCO) released its fiscal fourth-quarter results for 2025 on Wednesday, with revenue coming in below analyst expectations.
Following the announcement, the company’s shares dropped 1.29% in pre-market trading.
The manufacturer of material handling equipment reported adjusted earnings per share of $0.60, slightly above the $0.58 consensus. However, revenue totaled $246.9 million, missing the expected $248.4 million.
Year-over-year revenue declined 7%, impacted by weaker short-cycle demand. The company noted that project-related orders with longer delivery schedules affected near-term sales.
“We enter fiscal 2026 with a strong backlog and continued order growth as our commercial initiatives gain traction,” said David Wilson, President and CEO. “Our conviction in Columbus McKinnon’s strategy and business model remains strong as we continue to anticipate tailwinds from industry megatrends like on-shoring, scarcity of labor and global infrastructure investments over time.”
For the full fiscal year 2025, Columbus McKinnon recorded a new high in orders at $1.0 billion, marking a 3% increase year-over-year. However, net sales declined 5% to $963.0 million.
The company expects net sales in fiscal 2026 to be flat to slightly higher than the previous year, with adjusted EPS projected to remain steady or experience slight growth.
Columbus McKinnon closed the quarter with a backlog of $322.5 million, up 15% from the year before, and repaid $60.7 million in debt during fiscal 2025.