Hyster-Yale posts FY2023 net income $125.9M, revenue $4.12B; supplemental data filed

HYSTER-YALE, INC.

FY2023 net income attributable to stockholders $125.9M, vs loss of $74.1M in FY2022.
Revenue $4,118.3M, up 16.1% YoY; Lift Truck Business revenue $3,920.9M, up 16.7%.
Operating profit $208.7M (5.1% margin), compared to operating loss $39.1M in FY2022.
Debt to total capitalization improved to 54.8% at Dec 2023 from 71.1% at Dec 2022.
Nuvera segment operating loss $36.4M, relatively stable vs $34.3M in FY2022.

item 2.02 item 7.01 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HYSTER-YALE, INC. reported financial results for FY 2023.

Period: FY 2023
Result: reported results

Exact text from the filing

Hyster-Yale Materials Handling, Inc. (in millions of $, except percentage data) Revenues - Consolidated Revenues - Consolidated - % change yr. over yr. Q1 Q2 Q3 Q4 FY

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Source: SEC EDGAR

accession 0001173514-24-000016

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