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CMCO - Columbus McKinnon up 9% post beating Q4 estimates; names David Wilson as CEO
Columbus McKinnon Corporation
Columbus McKinnon (CMCO+9.1%) reported Q4 sales decrease of 12.6% Y/Y to $189.5M, with U.S. sales of $104.1M (-13.6% Y/Y) and Non-U.S. sales of $85.4M (-11.2% Y/Y); sales declined primarily on lower volume.
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