Columbus McKinnon (CMCO) Tops Q4 EPS by 1c
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Columbus McKinnon Reports Record Gross Margins for Fourth Quarter and Fiscal Year 2018
May 30, 2018 6:30 AM EDTBUFFALO, 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 2018 fourth quarter and full year, which ended March 31, 2018. Fiscal year 2018 fourth quarter and full year results include the January 31, 2017 acquisition of STAHL CraneSystems (STAHL).
Fourth Quarter and Fiscal Year Highlights (compared with prior-year period)
Sales for the quarter grew 16.6% to $214.1 million; organic sales increased 4.2% Achieved record gross margin of 34.8% in the... More