- Hyster-Yale Materials Handling press release ( NYSE: HY ): Q4 Revenue of $985.2M (+18.7% Y/Y) beats by $92.65M
- Average sales price per unit in backlog increased 33.6% over Q4 2021 and 6.8% versus Q3 2022 as long-standing, lower-priced backlog orders were fulfilled
- Bolzoni returned to profitability despite a $2.4 million loss on sale of a subsidiary in Q4 2022
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Full- Year 2023 Outlook:
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Substantial consolidated net income expected for 2023 full year as a result of significantly improved profitability at the Lift Truck and Bolzoni businesses versus 2022
For further details see:
Hyster-Yale Materials Handling reports Q4 results