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 (NYSE: HY) announced a cash dividend of 32.25 cents per share, payable on March 22, 2022, to stockholders of record by March 8, 2022. This dividend applies to both Class A and Class B Common Stock, demonstrating the company's commitment to returning value to shareholders. Hyster-Yale specializes in materials handling solutions and operates globally under the Hyster® and Yale® brands.
Hyster-Yale Materials Handling (NYSE:HY) will release its 2021 Fourth Quarter and Full Year financial results on February 28, 2022, after market close. A conference call to discuss these results will occur on March 1, 2022, at 11:00 a.m. ET.
Interested parties can register through the provided link, and the call will also be available via webcast on the company's Investor Relations website. A replay of the call will be accessible post-event.
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Hyster-Yale Group has appointed LiftOne as the new dealer for Hyster® and Yale® in Atlanta, Georgia, following LiftOne's acquisition of Briggs Equipment's operations there on December 31, 2021. LiftOne, a leading material handling dealer with 19 locations in five states, aims to enhance customer service in the Atlanta market. Hyster-Yale's President, Americas, emphasized the strategic importance of Atlanta, while LiftOne's President highlighted their commitment to delivering efficient solutions to customers. This partnership is expected to reinforce Hyster-Yale's distribution leadership.
Hyster-Yale Materials Handling (NYSE:HY) will participate in the Bank of America 2021 Leveraged Finance Virtual Conference on November 30, 2021. The presentation starts at 7:30 a.m. ET and will be available via a live webcast on the company's investor website at least 15 minutes before the event. Hyster-Yale, based in Cleveland, Ohio, specializes in lift trucks and aftermarket parts, serving global markets primarily under the Hyster and Yale brands.
On November 17, 2021, Hyster-Yale Materials Handling (NYSE: HY) declared a regular cash dividend of 32.25 cents per share, payable on December 15, 2021. Shareholders on record as of December 1, 2021, will receive this dividend for both Class A and Class B Common Stock. Hyster-Yale is known for its extensive range of materials handling solutions through its primary brands, Hyster® and Yale®, alongside subsidiaries like Bolzoni S.p.A. and Nuvera Fuel Cells.
Hyster-Yale reported Q3 2021 revenues of $748.2 million, a 14.7% increase from Q3 2020, but with a net loss of $77.2 million, or $4.59 per share, compared to a net income of $5.1 million in Q3 2020. Bookings surged 63.4% YoY but fell 20.9% from Q2 2021. The company faced significant production disruptions due to component shortages and inflation, leading to a consolidated operating loss of $54.3 million. The Lift Truck segment saw revenue growth despite substantial cost increases, while Nuvera experienced losses due to reduced sales prospects and inventory adjustments.
Hyster-Yale Materials Handling, Inc. (NYSE:HY) will participate in Baird's 2021 Virtual Global Industrial Conference on November 9, 2021. The management's presentation is scheduled for 4:20 p.m. and will be available via webcast. Interested parties can access the webcast by visiting Hyster-Yale's investor page at least 15 minutes before the event. Hyster-Yale provides a variety of materials handling solutions and includes subsidiaries like Hyster-Yale Group and Nuvera Fuel Cells, LLC.
Hyster-Yale Materials Handling, Inc. (NYSE:HY) will release its 2021 Third Quarter financial results on November 2, 2021, after market close. A conference call to discuss these results is scheduled for 11:00 a.m. ET on November 3, 2021. Participants can register for the call through a provided link or access it via Hyster-Yale's Investor Relations website. A replay will be available post-call. Hyster-Yale offers a range of materials handling solutions under the Hyster® and Yale® brands, with additional subsidiaries focusing on attachments and alternative power technologies.