CMCO 6/30/2025 Shareholder/Stockholder Letter Transcript:
Fiscal Year 2025
ANNUAL
REPORT
Our Purpose
Together we create intelligent motion
solutions that move the world forward
and improve lives.
Our Values
Our six values drive everything we do.
Connect safety to everything you do.
Take personal responsibility. Care for our people.
Build products that everyone can trust.
Be easy to do business with.
Our Mission
We provide expert, professional-grade
solutions and products, building the
trust of customers by solving their
high-value problems.
Focus on the customer.
Listen. Simplify.
Deliver on your commitments.
Aim for greatness. Do your best.
Hold yourself accountable.
Think differently.
Be proactive with new ideas.
Ask questions. Be part of the solution.
Our Vision
To become the global leader in safe
and productive intelligent
motion solutions.
Win as a team.
Embrace diversity. Respect each other.
Celebrate success.
Act with integrity.
Do the right thing. Extend trust.
Appreciate differences.
Together our family of trusted brands, known
for superior quality, safety, reliability and
productivity, positions us to provide intelligent
motion solutions for our customers unique
material handling needs.
We are excited to welcome Kito
Crosby s strong portfolio to our
family of brands upon completion
of the acquisition.
FY25 Annual Report
Dear Fellow Shareholders,
Fiscal 2025 marked another year
of strategic progress for Columbus
McKinnon, as we advanced our
customer experience initiatives,
executed against our operational
improvement strategies and made
meaningful progress towards our
ongoing simplification plan. It was
also a pivotal year for the future of
the Company, as we announced the
transformative pending acquisition
of Kito Crosby, which we believe
will allow us to enhance our scale,
strengthen our competitiveness in
the market and drive meaningful,
long-term value for shareholders.
Since joining Columbus McKinnon in 2020, we have demonstrated our ability to navigate
challenges together from a global pandemic and the ensuing supply chain disruptions, to
historically high inflation, and now to trade policy volatility. We have tackled these challenges
head-on through resilience, determination and an absolute focus on improving performance
and solving our customers most important material handling needs. At the same time, we
fundamentally repositioned the Company to create platforms for growth, expand our margins
and enhance our customer value proposition. It s through these actions and our team s
relentless execution that we were able to deliver record orders in fiscal 2025, despite a
challenging macro environment. I am very proud of these efforts and, as we enter fiscal 2026,
I have never been more excited about our future.
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FY25 Annual Report
Our Intelligent Motion Solution Strategy
Building on 150 years as a leader in lifting solutions for material handling, we have
expanded our platforms to include lifting, linear motion, controls and automation,
and, most recently, precision conveyance.
Four years ago, we defined and began implementing our Intelligent Motion Solutions
Strategy to further differentiate our business and drive superior results. Building on our
strong foundation, we began transforming into a more holistic solutions provider with a
goal to scale our business, including growth in our existing platforms and expansion into
new platforms serving attractive end markets.
Our unique portfolio allows us to simplify intralogistics for our customers across a
wide array of applications within a highly fragmented competitive landscape. With
a scaled platform serving as our foundation, we will continue investing in the tools,
technology and talent to provide a superior experience to our customers.
Our strategy also dovetails with several important megatrends such as automation and
AI, reshoring and infrastructure investment, each of which we expect to accelerate in
the current policy environment and beyond. We are evolving to be the connective tissue
that links the digital and physical worlds by precisely positioning materials to optimize
customer productivity through fully automated intralogistics.
As part of this strategy, we also take a disciplined approach to organic and inorganic
growth to drive financial performance and shareholder value over time.
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6/30/2025 Letter Continued (Full PDF)