Hyster-Yale, Inc. reports developments in its lift truck and materials-handling business, including earnings releases, order bookings, shipment volumes, production rates, backlog levels and regional demand trends. The company designs, engineers, manufactures, sells and services lift trucks, attachments, aftermarket parts and technology solutions marketed under the Hyster and Yale brands.
Recurring updates also cover Bolzoni attachment operations, tariff and input-cost effects, inventory efficiency, product-mix shifts, and results across the Americas, EMEA and JAPIC regions. Company announcements include quarterly dividends on Class A and Class B common stock and scheduled earnings webcasts tied to financial results.
Hyster-Yale (NYSE:HY) reported Q2 2025 results showing mixed performance. Consolidated revenues increased 5% quarter-over-quarter to $957 million, but declined 18% year-over-year. The company posted an operating loss of $8.5 million and adjusted operating profit of $7.2 million.
Key developments include a renewed $300 million revolving credit facility with improved terms and maturity extended to June 2030. However, bookings declined significantly due to tariff uncertainty, with unit bookings value dropping to $330 million, down 44% from Q1 2025. The backlog decreased to $1.65 billion, showing a 36% year-over-year decline.
The company faced challenges from increased product costs, with approximately $10 million in additional tariff-related expenses compared to the prior year. Despite these headwinds, Hyster-Yale maintained strong liquidity with $66.9 million in cash and $259 million in unused borrowing capacity.
Hyster-Yale (NYSE: HY), a global leader in materials handling solutions, has scheduled its Second Quarter 2025 earnings release for Tuesday, August 5, 2025, after market close. The company will host a webcast with the financial community on Wednesday, August 6, 2025, at 11:00 a.m. ET.
The webcast will be accessible through the company's website at www.hyster-yale.com/investor-overview, with an archive available approximately two hours after the live event. Hyster-Yale specializes in lift trucks and solutions through its operating subsidiary Hyster-Yale Materials Handling, Inc., offering products under brands including Hyster®, Yale®, Maximal®, and Nuvera®.
Hyster-Yale (NYSE: HY) has announced an increase in its quarterly cash dividend from $0.35 to $0.36 per share, applicable to both Class A and Class B Common Stock. The dividend will be paid on June 13, 2025, to stockholders of record as of May 30, 2025.
Hyster-Yale is a Cleveland-based global manufacturer of lift trucks and materials handling solutions, operating through its subsidiary Hyster-Yale Materials Handling, Inc. The company offers products under the Hyster® and Yale® brands, while also owning Bolzoni S.p.A. and Nuvera Fuel Cells, LLC. Their focus includes hydrogen fuel cell power products and a comprehensive range of attachments and aftermarket parts.
Hyster-Yale announced a strategic realignment of its Nuvera fuel cell business, integrating it into Hyster-Yale Materials Handling (HYMH). The restructuring aims to boost near-term profits and create an integrated energy solutions program at the Billerica facility.
Key changes include:
- Development of lithium-ion batteries, chargers, and energy management systems
- Creation of a mobile hybrid electric charging platform called HydroCharge
- Significant downsizing of the fuel cell program, focusing only on 125KW fuel cells for port equipment
The realignment is expected to deliver $25-35 million in annual cost savings starting in second half 2025, with one-time costs of $15-18 million in Q2 2025. The company projects accelerated battery program sales from 2024 levels, with HydroCharge product launches planned for late 2025.
This move is part of Hyster-Yale's broader strategy to transform its core forklift business while expanding into warehouse equipment, automation, and energy management solutions.
Hyster-Yale (NYSE: HY) has scheduled its First Quarter 2025 financial results announcement for Tuesday, May 6, 2025, after market close. The company will host a financial community webcast on Wednesday, May 7, 2025, at 11:00 a.m. ET to discuss the results.
Based in Cleveland, Ohio, Hyster-Yale is a global manufacturer of lift trucks and materials handling solutions. The company operates through its subsidiary Hyster-Yale Materials Handling, offering products under the Hyster® and Yale® brands. Key subsidiaries include:
- Bolzoni - producer of attachments, forks, and lift tables
- Nuvera Fuel Cells - focused on fuel cell technology
- Joint venture in Japan with Sumitomo NACCO
The company's vision centers on transforming materials movement from Port to Home, emphasizing customer-focused solutions and optimal productivity at the lowest ownership cost.
Hyster (HY) has expanded its lineup of high-capacity electric forklifts with the J230-400XD series, featuring integrated lithium-ion battery power. The series offers load capacities from 23,000 to 40,000 pounds and configurable battery sizes up to 280kW.
The new lineup features a 350-volt architecture for optimal performance and energy efficiency, with batteries available in multiple sizes to match specific duty cycle requirements. The trucks include the Combined Charging System (CCS) as standard, allowing approximately one hour of work time from 11 minutes of charging at 90 kW.
Key features include an onboard Battery Management System (BMS), multiple performance modes with regenerative braking, and industry-leading ingress protection. The design maintains similar rear visibility to equivalent internal combustion engine models while offering a zero-emission alternative for heavy-duty applications.
Hyster-Yale (NYSE: HY) reported its Q4 and full-year 2024 results, achieving full-year revenues of $4.3 billion and Q4 revenues of $1.1 billion. The company posted a full-year operating profit of $245 million ($267 million adjusted) and Q4 operating profit of $32 million ($54 million adjusted).
Key highlights include 11% year-over-year revenue growth in Americas Lift Truck for FY 2024, strong cash generation of $171 million from operations, and $5 million in share repurchases during Q4. The company initiated manufacturing optimization programs expected to generate $30-40 million in annual benefits by 2027, though requiring implementation costs of $8-16 million in both 2025 and 2026.
Looking ahead, Hyster-Yale anticipates lower production levels and significant revenue decrease in 2025, with operating profit expected to decline from 2024's strong performance due to reduced production, margin pressure, and increased operating expenses.
Hyster-Yale (NYSE: HY) has scheduled its Fourth Quarter and Full Year 2024 financial results release for Tuesday, February 25, 2025, after market close. The company will host a webcast with the financial community on Wednesday, February 26, 2025, at 11:00 a.m. ET to discuss the results.
The company, headquartered in Cleveland, Ohio, is a global provider of lift trucks and materials handling solutions, including attachments and hydrogen fuel cell power products. Through its subsidiary Hyster-Yale Materials Handling, the company markets products under the Hyster® and Yale® brands. Additional subsidiaries include Bolzoni S.p.A., which produces attachments and lift tables, and Nuvera Fuel Cells, focused on alternative-power technology.