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 Materials Handling, Inc. reported strong Q1 2024 results with consolidated operating profit of $83.8 million, up 97% from Q1 2023, and revenues of $1.1 billion, up 6%. Lift Truck business saw a 6% revenue growth with improved sales mix and higher average lift truck sales prices. Nuvera faced a decrease in revenues due to funding from the U.S. Department of Defense offsetting profit. The Company expects full-year 2024 results to surpass expectations and improve over 2023.
Hyster-Yale Materials Handling, Inc. (NYSE: HY) will release its First Quarter 2024 financial results on May 7, 2024, followed by a webcast on May 8, 2024. The company provides lift trucks and solutions, including hydrogen fuel cell power products, to meet materials handling needs.
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