Hyster-Yale Materials Handling, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
February 27, 2024 at 04:55 pm EST
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Hyster-Yale Materials Handling, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 1,027.2 million compared to USD 985.2 million a year ago. Net income was USD 25.2 million compared to USD 7.6 million a year ago.
Basic earnings per share from continuing operations was USD 1.47 compared to USD 0.45 a year ago. Diluted earnings per share from continuing operations was USD 1.43 compared to USD 0.44 a year ago.
Hyster-Yale Materials Handling, Inc. is a globally integrated company offering a full line of application-tailored lift trucks and solutions. Its solutions include attachments and hydrogen fuel cell power products, telematics, automation, and fleet management services, as well as a variety of other power options for its lift truck. Its segments include the Americas; Europe, the Middle East and Africa (EMEA), and Japan, Asia, Pacific, India, and China (JAPIC). Through, Hyster-Yale Group, Inc., it 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, mainly to independent Hyster and Yale retail dealerships. It also designs and produces specialized products in the port equipment and rough terrain forklift markets. It distributes lift trucks and attachments primarily through two channels: independent dealers and a direct sales program.
HYSTER-YALE MATERIALS HANDLING, INC. 
