Columbus Mckinnon Corporation · NASDAQ:CMCO
Columbus Mckinnon — 2025 Wells Fargo Industrials & Materials Conference
18 slides from Columbus Mckinnon's conference presentation, Jun 12, 2025
Slide 1: 2025 Wells Fargo Industrials & Materials Conference
June 12, 2025 2025 Wells Fargo Industrials & Materials Conference Gregory Rustowicz Kristine Moser Executive Vice President Finance Vice President, Investor Relations & Chief Financial Officer & Treasurer
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation and the accompanying oral discussion contains “forward-looking statements” within the meaning of the Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward looking statements are
Slide 3: CMCO is a Global Leader in Intelligent Motion Solutions for Material Handling
CMCO is a Global Leader in Intelligent Motion Solutions for Material Handling PRODUCT MIX • Leading global lifting and automation company providing professional-grade solutions for solving customers’ critical material handling requirements Linear Motion 9% Automation • Enhanced strategic positioning
Slide 4: Intelligent Motion Solutions
Intelligent Motion Solutions Four Categories of Solutions to Address Customers’ Unique Motion Control Needs LIFTING (62%) PRECISION CONVEYANCE (16%) AUTOMATION (13%) LINEAR MOTION (9%) ~$8.0B TAM1 ~$5.2B TAM1 ~$4.5B TAM1 ~$2.3B TAM1 • Leading global position in lifting • Develops and manufactures co
Slide 5: Unlocking CMCO's Potential
Unlocking CMCO’s Potential Business System and Core Growth Framework to Transform CMCO CMBS GROWTH FRAMEWORK Positioning the CMCO for the Next Phase of its Value Creation Journey • Geographic expansion: CMCO to expand across APAC and Kito Crosby to expand across LATAM and EMEA • Cash flow generation
Slide 6: Strong Track Record Creating Value Through M&A Path and Executing on Previously Communicated Synergies
Strong Track Record Creating Value Through M&A Path and Executing on Previously Communicated Synergies Legend: Acquisition Divestiture September 2015 January 2017 April 2021 December 2021 May 2023 2025 Acquisition of STAHL Acquisition of Dorner for Acquisition of Magnetek, CraneSystems from $485M ad
Slide 7: Kito Crosby At-a-Glance
Kito Crosby At-a-Glance KITO CROSBY BY THE NUMBERS KEY INDUSTRY BRANDS KEY PRODUCTS PRODUCT MIX1 Technology & Specialty Chains & Solutions 14% Fittings Lifting & Securement 4,000 600K+ REVENUE Consumables 54% Channel End-Users Installed Lifting Solutions Partners Trained Shackles 32% DIVERSIFIED GLO
Slide 8: Kito Crosby Acquisition Update
Kito Crosby Acquisition Update + Compelling Strategic and Financial Rationale Pathway and Progress to Close Enhances scale and strengthens competitiveness – broader product Committed financing has been successfully syndicated, including a new portfolio, enhanced operational capabilities and geogra
Slide 9: Value Creation with Significant Synergies
Value Creation with Significant Synergies Summary Of Key Synergy Areas And Corresponding Strategic Initiatives OVERVIEW ~$80M ~$10M ~$70M Expected Annual Gross Synergies Expected Annual Dis-Synergies Expected Annual Net Run Rate Synergies $70M Net Annual Cost Synergies Additional Upside Expected fro
Slide 10: Combined Financial Profile Expected to Drive Premium Long-Term Public Valuation
Combined Financial Profile Expected to Drive Premium Long-Term Public Valuation BROADER MARKET ~2,020 Companies Public U.S. Industrial Companies PUBLIC VALUE ~260 Companies Market Cap: $2B – $8B SCALE ~100 Companies 2025E Revenue: $1B – $3B PROFITABILITY ~50 Companies 2025E EBITDA Margin: 20%+ Avera
Slide 11: Historical Track Record of De-Leveraging Post-Acquisition
Historical Track Record of De-Leveraging Post-Acquisition Demonstrated History Of Net Leverage Ratio1 Reduction Following Acquisitions DORNER AND GARVEY ACQUISITIONS1,2 CAPITAL ALLOCATION PRIORITIES Dorner acquisition (closed April 2021) 3.7x Pro Forma Primary allocation strategy for significant F
Slide 12: Supplement
Supplement
Slide 13: Impact of Tariffs
Impact of Tariffs Import Flow EBITDA Impact1 ($M) To $12 Tariff impacts ($40M EBITDA): Indirect Sourcing1 10 Tariff impact on imports to the U.S. To 4 Announced reciprocal tariffs Tariff impact from third party sourcing To 4 Pass through tariffs on product from local distributors and parts
Slide 14: Non-GAAP Measures
Non-GAAP Measures The following information provides definitions and reconciliations of the non-GAAP financial measures presented in this presentation to the most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles (GAAP). The C
Slide 15: Non-GAAP Measures: Adjusted Net Income and Adjusted EPS
Non-GAAP Measures: Adjusted Net Income and Adjusted EPS ($ in thousands, except per share data) Quarter Year Q4 FY24 Q4 FY25 FY24 FY25 Net income $ 11,809 $ (2,684) $ 46,625 $ (5,138) Add back (deduct): Amortization of intangibles 7,525 7,398 29,396 29,946 Acquisition deal and integration costs 3 11
Slide 16: Non-GAAP Measures: Adjusted EBITDA and Adjusted EBITDA Margin
Non-GAAP Measures: Adjusted EBITDA and Adjusted EBITDA Margin ($ in thousands) Quarter Year Q4 FY24 Q4 FY25 FY24 FY25 Net income $ 11,809 $ (2,684) $ 46,625 $ (5,138) Add back (deduct): Income tax expense (benefit) 2,497 (809) 14,902 (367) Interest and debt expense 9,169 8,141 37,957 32,426 Investme
Slide 17: Non-GAAP Measures: Free Cash Flow (FCF) and Free Cash Flow Conversion
Non-GAAP Measures: Free Cash Flow (FCF) and Free Cash Flow Conversion ($ in thousands) Quarter Year Q4 FY24 Q4 FY25 2024 2025 Net cash provided by (used for) operating activities $ 38,607 $ 35,613 $ 67,198 $ 45,612 Capital expenditures (8,479) (6,145) (24,813) (21,411) Free Cash Flow (FCF) $ 30,128
Slide 18: Non-GAAP Measures: Historical Net Debt and Net Leverage Ratio
Non-GAAP Measures: Historical Net Debt and Net Leverage Ratio ($ in thousands) Trailing Twelve Month Net Debt is defined in the credit agreement Q1 FY22 Q4 FY23 Q1 FY24 Q4 FY24 as total debt plus standby letters of credit, Net income $ 4,812 $ 48,429 $ 49,313 $ 46,625 net of cash and cash equivalent
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