Welcome to our dedicated page for Hyster-Yale news (Ticker: HY), a resource for investors and traders seeking the latest updates and insights on Hyster-Yale stock.
Hyster-Yale Materials Handling (HY) provides industrial lift trucks and logistics solutions to global markets through its Hyster and Yale brands. This news hub offers investors and industry professionals centralized access to corporate developments shaping the materials handling sector.
Track official announcements including quarterly earnings, strategic partnerships, and product innovations across HY's operations. Stay informed about developments in alternative power solutions through subsidiary Nuvera Fuel Cells and attachment systems via Bolzoni.
Our curated news collection enables monitoring of operational milestones, leadership changes, and market expansion initiatives. Bookmark this page for updates on HY's engineering advancements and financial performance within the industrial equipment sector.
Hyster-Yale Materials Handling, Inc. (HY) increased its quarterly cash dividend from 32.5 cents to 35 cents per share. The dividend will be payable on June 14, 2024, to stockholders of record on May 31, 2024. HY is a globally integrated company offering lift trucks, attachments, and hydrogen fuel cell power products.
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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