CLEVELAND, May 13, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today that the Board of Directors increased its regular cash dividend from 35 cents per share to 36 cents per share. The dividend is payable on both Class A and Class B Common Stock and will be paid June 13, 2025, to stockholders of record at the close of business on May 30, 2025.

About Hyster-Yale, Inc.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. Hyster-Yale's vision is to transform the way the world moves materials from Port to Home and deliver on its customer promises of: (1) thoroughly understanding customer applications and offering optimal solutions that will improve productivity at the lowest cost of ownership, and (2) providing exceptional customer care to create increasing value from initial engagement through the product lifecycle.

Q1 2025 Consolidated Highlights:

Consolidated revenues of $910 million Consolidated operating profit of $21.3 million in line with company expectationsSignificant increase in Q1 2025 Lift Truck bookings compared to prior year and Q4 2024Inventory decreased $69 million in Q1 2025 compared to Q1 2024Market demand growth expected in second half of 2025, absent the potential effects from tariffs

CLEVELAND, May 6, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) reported the following consolidated results for the three months ended March 31, 2025.

CLEVELAND, April 30, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) (the "Company") today announced a strategic business realignment of its Nuvera fuel cell business designed both to increase near term profits and to create an integrated energy solutions program at Nuvera's Billerica facility which will be part of its Hyster-Yale Materials Handling (HYMH) business. That program will include HYMH's:

Development, manufacturing, and commercialization of its lithium-ion battery modules, battery chargers, battery management systems, and energy management activities. All of these activities are critical to HYMH's success with the next generation of batteries expected to be used broadly in electric forklift trucks. These activities will be carried out in the Billerica facility and as needed, in HYMH's other facilities around the world.Development, manufacturing and commercialization of a mobile, modular and scalable hybrid electric charging platform to provide off grid power solutions. This platform will use both HYMH's battery solutions and also have a variant called HydroChargeTM which incorporates Nuvera's patented fuel cell technology.A very significantly downsized and limited fuel cell program focused on completing final development and testing of its higher powered 125KW fuel cell for use in HYMH's port equipment and in larger HydroChargeTM applications. This modest fuel cell program reflects the Company's conclusion, based on recent limited and very focused up take of fuel cells as an energy solution, as well as on a significantly changed political environment in the U.S. and around the world, that its current fuel cell business will not reach the Company's profitability objectives in an acceptable period.  

CLEVELAND, April 29, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today it will release its First Quarter 2025 financial results after the market closes on Tuesday, May 6, 2025.

In conjunction with this release, the Company will host a webcast with the financial community at 11:00 a.m. ET on Wednesday, May 7, 2025, to discuss the financial results. Access to the live audio webcast will be available on the Company's website.

To access the webcast, visit https://www.hyster-yale.com/investor-overview approximately 15 minutes prior to the event. An archive of the webcast will be available on the Company's website approximately two hours after the live call ends.

Q4 and full year 2024 Highlights: 

Full year revenues of $4.3 billion in 2024; Q4 2024 $1.1 billionAdjusted results exclude charges of $22.6 million in FY 2024 and $21.4 million in Q4 2024 for streamlining its manufacturing footprint and optimizing its operationsFull year operating profit of $245 million; adjusted operating profit $267 millionQ4 2024 operating profit of $32 million; adjusted operating profit of $54 million Full year revenues, operating profit and net income exceeded strong prior year performanceYear-over-year revenue growth in Americas Lift Truck: FY 2024 +11%; Q4 2024 +13%Generated $171 million of cash from operations in FY 2024; $81 million Q4 2024Repurchased approximately $5 million of Company's Class A common stock in Q4 2024

CLEVELAND, Feb. 18, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today it will release its Fourth Quarter and Full Year 2024 financial results after the market closes on Tuesday, February 25, 2025.

In conjunction with this release, the Company will host a webcast with the financial community at 11:00 a.m. ET on Wednesday, February 26, 2025, to discuss the financial results. Access to the live audio webcast will be available on the Company's website.

To access the webcast, visit https://www.hyster-yale.com/investor-overview approximately 15 minutes prior to the event. An archive of the webcast will be available on the Company's website approximately two hours after the live call ends.

CLEVELAND, Feb. 12, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today that the Board of Directors declared a regular cash dividend of 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid March 14, 2025, to stockholders of record at the close of business on February 28, 2025.

About Hyster-Yale, Inc.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. Hyster-Yale's vision is to transform the way the world moves materials from Port to Home and deliver on its customer promises of: (1) thoroughly understanding customer applications and offering optimal solutions that will improve productivity at the lowest cost of ownership, and (2) providing exceptional customer care to create increasing value from initial engagement through the product lifecycle.

CLEVELAND, Nov. 18, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today that the Board of Directors authorized the repurchase of up to $50 million or 1.5 million shares, whichever comes first, of the Company's outstanding Class A Common Stock. "The Board of Directors' approval of this stock repurchase program reflects confidence in the Company's balance sheet and business outlook," said Rajiv K. Prasad, President and Chief Executive Officer of Hyster-Yale, Inc. "This stock repurchase authorization is well aligned with our capital allocation strategy designed to support long-term profitable growth and fuel shareholder return as the business generates free cash flow."

CLEVELAND, Nov. 13, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today that the Board of Directors declared a regular cash dividend of 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid December 13, 2024, to stockholders of record at the close of business on November 29, 2024.

About Hyster-Yale, Inc.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. Hyster-Yale's vision is to transform the way the world moves materials from Port to Home and deliver on its customer promises of: (1) thoroughly understanding customer applications and offering optimal solutions that will improve productivity at the lowest cost of ownership, and (2) providing exceptional customer care to create increasing value from initial engagement through the product lifecycle.

Q3 2024 Consolidated Highlights: 

Ongoing solid execution in seasonally lower third quarter Continued year-over-year revenue growth led by Americas Lift Truck and BolzoniOperating Profit of $33.1 million below exceptionally strong Q3 2023 resultsNet Income of $17.2 million compared to $35.8 million in Q3 2023Generated $70 million of cash from operations in Q3 2024

CLEVELAND, Nov. 5, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) reported the following consolidated results for the three months ended September 30, 2024.