Hyster-yale materials handling announces third quarter 2023 results

Q3 2023 highlights:   consolidated revenues of $1.0 billion increased 19% over q3 2022 due to higher sales volumes, favorable pricing and currency movements consolidated operating profit of $58.6 million compared with a q3 2022 loss  lift truck operating profit and margin of $65.1 million and 6.8% were significantly ahead of expectations due to higher product margins and lower operating expenses than anticipated average sales price per backlog unit increased 21% over q3 2022 and 7% over q2 2023 bolzoni operating profit of $2.9 million compared with a q3 2022 loss consolidated net income of $35.8 million and 9/30/23 ltm net income of $108.3 million full-year 2024 results expected to be similar to 2023 cleveland , oct. 31, 2023 /prnewswire/ -- hyster-yale materials handling, inc. (nyse: hy) reported the following consolidated results for the three and nine months ended september 30, 2023. all comparisons are to the three months ended september 30, 2022, unless otherwise noted.
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