Hyster-Yale reports Q2 2024 revenue $1,168M, net income $63.3M; updates historical data

HYSTER-YALE, INC.

2024-Q2 EPS reported $6.51 revenue$2,224,600,000

Q2 2024 consolidated revenue $1,168.1M, up 7.1% YoY; net income $63.3M vs $38.3M in Q2 2023.
Lift Truck Business operating profit $103.1M (9.2% margin) improved from $62.5M (6.0%).
Americas revenue +11.8% to $881.5M; EMEA -6.4% to $187.8M; JAPIC -1.8% to $48.7M.
Nuvera operating loss widened to $11.5M from $9.2M; Bolzoni operating profit $4.0M down from $5.4M.
Return on equity 45.2% for LTM ended Q2 2024 vs 41.1% for FY 2023.

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