Hyster-Yale Materials (HY) Tops Q1 EPS by 4c

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Go back to Hyster-Yale Materials (HY) Tops Q1 EPS by 4c

Hyster-Yale Materials Handling Announces First Quarter 2018 Results

May 1, 2018 5:11 PM EDT

CLEVELAND, May 1, 2018 /PRNewswire/ -- 

Quarter Highlights:

Q1 2018 consolidated revenues increased 10.5% over Q1 2017 Q1 2018 consolidated operating profit decreased 15% due to higher material and manufacturing costs, net of price increases, and higher operating expenses to support strategic initiatives Strong Q1 2018 Lift Truck revenues, bookings and ending backlog Bolzoni revenues increased 23% over Q1 2017 Nuvera operating loss of $10.0 million compared with $9.5 million in Q1 2017

Hyster-Yale Materials Handling, Inc. (NYSE: HY) today announced consolidated revenues of $788.2 million and consolidated net income... More