Columbus McKinnon (CMCO) Tops Q2 EPS by 8c

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Columbus McKinnon Reports Net Income Increased 27% to $15.9 million in Second Quarter Fiscal Year 2019 Financial Results

October 30, 2018 6:30 AM EDT

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 2019 second quarter, which ended September 30, 2018.

Second Quarter Highlights (compared with prior-year period)

Gaining traction with Phase II of Blueprint strategy and driving earnings power improvement Gross margin of 35.0% expanded 150 basis points; continues near record levels on strong volume and productivity improvements Simplification... More