HYSTER-YALE ANNOUNCES THIRD QUARTER 2026 RESULTS
Key Highlights
- ➤Lift Truck bookings $550 million, up 45% year over year
- ➤Q3 2026 Adjusted EBITDA returned positive at $6.0 million
- ➤Q4 2026 adjusted net income expected to return to positive levels
- ➤Cost-reduction programs target at least $100 million annual savings by 2029
- ➤Bolzoni Q3 operating profit fell 14% year over year to $1.8 million
* Bookings of $550 million, a 45% increase from prior year, marked the fourth consecutive quarter of elevated bookings from cyclical low point in Q2 2025 * Revenue increased sequentially as stronger bookings began to translate into higher shipments * Operating loss narrowed sequentially on improved volumes and structural cost savings * Q3 2026 Adjusted EBITDA returned to positive * Operating cash flow improved by $10 million compared to Q2 2026 * Q4 2026 net income expected to improve sequentially, with adjusted net income returning to positive * In Q4 2026, launched new operational initiatives and cost-reduction programs targeting at least $100 million of cost savings at maturity, while reducing working capital and capital expenditures CLEVELAND, Nov. 5, 2026 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) reported the following consolidated results for the three months ended September 30, 2026.
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