Hyster-Yale Announces Dates for Q4 and Full Year 2024 Earnings Release and Webcast

Hyster-Yale, Inc. (NYSE: HY) has announced the dates for its fourth quarter and full year 2024 earnings release and webcast. The company will release its financial results after the market closes on Tuesday, February 25, 2025, and will host a webcast with the financial community on Wednesday, February 26, 2025, at 11:00 a.m. ET to discuss the results. The webcast will be available on the company's website, and an archive will be available approximately two hours after the live call ends.

Hyster-Yale, Inc., headquartered in Cleveland, Ohio, is a globally integrated company offering a full line of lift trucks and solutions, including attachments and hydrogen fuel cell power products aimed at meeting the specific materials handling needs of its customers. The company's wholly owned operating subsidiary, Hyster-Yale Materials Handling, Inc., designs, engineers, manufactures, sells, and services a comprehensive line of lift trucks, attachments, and aftermarket parts marketed globally primarily under the Hyster® and Yale® brand names. Subsidiaries of Hyster-Yale include Bolzoni S.p.A., a leading worldwide producer of attachments, forks, and lift tables marketed under the Bolzoni®, Auramo®, and Meyer® brand names, and Nuvera Fuel Cells, LLC, an alternative-power technology company focused on fuel cell stacks and engines. Hyster-Yale also has an unconsolidated joint venture in Japan (Sumitomo NACCO).



The company's strong financial performance in 2023, with full-year net income of $125.9 million compared to a loss of $74.1 million in 2022, can be attributed to its strategic initiatives, such as product innovation and geographic expansion. Hyster-Yale's management team has successfully executed on these initiatives, leading to improved product margins, increased revenue, and expanded market share. The company's focus on product innovation, including the introduction of new products and improved existing ones, has driven demand for its warehouse and distribution industry applications. Additionally, Hyster-Yale's geographic expansion, particularly in emerging markets like China, has contributed to its strong financial performance.



As the company looks ahead to the fourth quarter and full year 2024, it anticipates that revenues may be lower than 2024, but operating profit and net income will decline significantly compared to 2024. However, Hyster-Yale remains committed to its strategic initiatives and is confident in its ability to adapt to market conditions and maintain its competitive position in the global lift truck industry.

Investors and stakeholders can tune in to Hyster-Yale's webcast on Wednesday, February 26, 2025, at 11:00 a.m. ET to learn more about the company's financial performance and its plans for the future. The webcast will provide valuable insights into the company's operations and its outlook for the coming year.