secwatch.observer — SEC 8-K summary
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Issuer:     HYSTER-YALE, INC. (HY)
CIK:        0001173514
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001173514-23-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hyster-Yale returns to Q4 profit; expects substantial 2023 net income
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- Q4 revenue $985.2M (+18.7% YoY); net income $7.6M vs loss $103.3M; diluted EPS $0.44 vs ($6.14).
- Lift Truck operating profit $27.2M vs loss $93.2M; Bolzoni returned to profit with $2.0M operating profit.
- Backlog avg price/unit $36,533 (+33.6% YoY); unit backlog 102,100; bookings 21,000 units.
- 2023 outlook: substantial net income; capex ~$65M; significant cash flow improvement expected.
- Global lift truck market expected to decline in 2023 except JAPIC; supply chain constraints moderating.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173514/000117351423000013/0001173514-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173514/000117351423000013/hy-20230227.htm
  HTML page:      https://secwatch.observer/filing/0001173514-23-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer