Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced financial results for its fiscal year 2023third quarter, which ended December 31, 2022. Results include the addition of Garvey Corporation, which was acquired on December 1, 2021. Third Quarter Highlights (compared with prior year period)Sales were up 7% to $230.4 million driven by improved volume and pricing; up 11% on a constant currency basisOperating income increased 32% to $20.2 million on expanded gross margin and operating leverage driven by price, strong acquisition performance and higher volumeSolid operating performance d(…) Read More »
