Hyster-Yale Materials Handling, Inc. (NYSE:HY) Q1 2021 Earnings Conference Call May 5, 2021 11:00 AM ET Company Participants Christina Kmetko - IR Al Rankin - Chairman and CEO Rajiv Prasad - President Ken Schilling - SVP and CFO Conference Call Participants Steve Ferazani - Sidoti & Company, LLC Brett Kearney - GAMCO Investors, Inc. Operator Ladies and gentlemen, thank you for standing by, and welcome to the Hyster-Yale Q1 2021 Earnings Conference Call. At this time, all participants are in a listen-only mo ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _______________________________________________________________________________________________________________________________________________________________________________________________________ FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECU ...

Hyster-Yale Materials Handling, Inc. (NYSE:HY) Q4 2020 Earnings Conference Call February 25, 2021 11:00 AM ET Company Participants Christina Kmetko - Investor Relations Al Rankin - Chairman and Chief Executive Officer Rajiv Prasad - President Ken Schilling - Senior Vice President and Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti & Company Michael Sesser - DWS Operator Ladies and gentlemen, thank you for standing by and welcome to the Hyster-Yale Fourth Quarter and Full Year 20 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 000-54799 HYSTER-YALE MATERIALS HANDLING, INC. (Exact name of registrant as specified in its charter) Delaware 31-1637659 (State or other jurisdiction of incorporation or orga ...

HYSTER-YALE MATERIALS HANDLING Mass Customization Bank of America 2020 Leveraged Finance Virtual Conference Electrification Automation Digitization Globalization Safe Harbor Statement & Disclosure This presentation includes forward-looking comments subject to important risks and uncertainties. It may also contain financial measures that are not in conformance with accounting principles generally accepted in the United States of America (GAAP). Refer to Hyster-Yale's reports filed on Forms 8-K (current), 10- ...

Hyster-Yale Materials Handling, Inc. (NYSE:HY) Q3 2020 Earnings Conference Call November 4, 2020 11:00 AM ET Company Participants Christina Kmetko - Investor Relations Al Rankin - Chairman, President and Chief Executive Officer Rajiv Prasad - President and Chief Executive Officer, Hyster-Yale Group, Inc. Ken Schilling - Senior Vice President and Chief Financial Officer Conference Call Participants Michael Sesser - DWS Mike Shlisky - Colliers Securities Operator Thank you for standing by, and welcome to the ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _______________________________________________________________________________________________________________________________________________________________________________________________________ FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE ...

HYSTER-YALE MATERIALS HANDLING Mass Customization SIDOTI FALL 2020 VIRTUAL Electrification Automation Digitization INVESTOR CONFERENCE Globalization Safe Harbor Statement & Disclosure This presentation includes forward-looking comments subject to important risks and uncertainties. It may also contain financial measures that are not in conformance with accounting principles generally accepted in the United States of America (GAAP). Refer to Hyster-Yale's reports filed on Forms 8-K (current), 10-Q (quarterly) ...

Hyster-Yale Materials Handling, Inc. (NYSE:HY) Q2 2020 Earnings Conference Call August 5, 2020 11:00 AM ET Corporate Participants Christina Kmetko - Investment Relations Al Rankin - Chairman, President and Chief Executive Officer Rajiv Prasad - President and Chief Executive Officer, Hyster-Yale Group, Inc. Ken Schilling - Senior Vice President and Chief Financial Officer Conference Call Participants Joseph Mondillo - Sidoti & Co. Operator Ladies and gentlemen, thank you for standing by, and welcome to the ...

Financial Performance - Total revenues for the second quarter of 2020 were $654.4 million, a decrease of 23.6% compared to $856.2 million in the same period of 2019[8] - Gross profit for the second quarter of 2020 was $103.6 million, down 25.7% from $139.4 million in the second quarter of 2019[8] - Net income attributable to stockholders for the second quarter of 2020 was $3.6 million, a decline of 77.8% compared to $16.2 million in the same quarter of 2019[8] - Basic earnings per share for the second quarter of 2020 were $0.21, down from $0.97 in the same quarter of 2019[8] - The net income for the quarter ending June 30, 2020, was $3.6 million, compared to $16.2 million for the same period in the previous year, reflecting a decrease of approximately 77.8%[12] - The Company reported total revenues of $654.4 million for the three months ended June 30, 2020, with significant contributions from dealer sales ($346.9 million) and aftermarket sales ($118.2 million) [33] - Revenues decreased by 23.6% to $654.4 million in Q2 2020 from $856.2 million in Q2 2019, primarily due to lower unit and parts volumes across all geographic segments[94] - Net income attributable to stockholders was $3.6 million in Q2 2020, a decrease of 77.8% from $16.2 million in Q2 2019[8] - Diluted earnings per share dropped by 78.4% to $0.21 in Q2 2020 from $0.97 in Q2 2019[90] - Operating profit decreased by 62.0% to $8.7 million in Q2 2020 compared to $22.9 million in Q2 2019, mainly due to lower gross profit[95] Assets and Liabilities - Total assets decreased to $1,734.9 million as of June 30, 2020, from $1,847.2 million as of December 31, 2019, representing a decline of 6.1%[7] - Total liabilities decreased to $1,171.2 million as of June 30, 2020, down from $1,270.2 million as of December 31, 2019, a reduction of 7.8%[7] - Cash and cash equivalents at the end of the second quarter of 2020 were $60.5 million, a decrease from $64.6 million at the end of 2019[11] - The total stockholders' equity as of June 30, 2020, was $563.7 million, down from $570.1 million as of March 31, 2020[12] Cash Flow and Dividends - The company reported a net cash used for operating activities of $12.0 million for the six months ended June 30, 2020, compared to $70.9 million for the same period in 2019[11] - Cash dividends declared during the quarter totaled $5.3 million, a slight increase from $5.2 million in the previous quarter[12] - The company paid cash dividends of $10.6 million during the six months ended June 30, 2020, compared to $10.4 million in the same period of 2019[11] Cost Management and Operational Efficiency - The company plans to continue focusing on cost management and operational efficiency to navigate the current market challenges[8] - The Company has initiated several cost reduction measures, including spending and travel restrictions, significant reductions in temporary personnel, and salary reductions, to ease liquidity pressure over the next twelve months [21] - The Company has realized approximately $28 million in cost savings through June 30, 2020, as part of a broader initiative targeting $50 million to $75 million in operating expense savings for 2020[132] Market and Production Adjustments - Production was significantly reduced or suspended at the Company's Chinese and European facilities during the first half of 2020 due to the adverse effects of COVID-19 on economic activity and demand for products [21] - The Company has adjusted production levels at its manufacturing plants to align with reduced demand and is working closely with suppliers to ensure continuity when the market improves [21] - The global lift truck market decreased by 22% in Q2 2020 compared to Q1 2020 and 25% compared to Q2 2019 due to pandemic-related shutdowns[127] Revenue Recognition and Accounting - The Company recognizes revenue when control of the trucks, parts, or services is transferred to the customer, with payment terms varying by customer type and location [27] - The Company’s financial statements are prepared in accordance with U.S. generally accepted accounting principles, and all necessary adjustments for fair presentation have been included [22] - The Company is currently evaluating the impact of recently issued accounting standards on its financial position and results of operations [24] Inventory and Manufacturing - The company reported a total inventory of $521.4 million as of June 30, 2020, down from $559.9 million at the end of 2019, reflecting a decrease of approximately 6.8%[63] - The company’s finished goods and service parts inventory increased to $280.5 million as of June 30, 2020, from $276.2 million at the end of 2019, reflecting an increase of approximately 0.8%[63] - The company’s total manufactured inventories decreased from $608.8 million at December 31, 2019, to $571.1 million at June 30, 2020, a decline of approximately 6.2%[63] Subsidiaries and Joint Ventures - Hyster-Yale's subsidiary, Nuvera Fuel Cells, focuses on developing hydrogen fuel-cell technology, which is a key area of innovation for the company[19] - The company continues to expand its market presence through its subsidiary Bolzoni, which specializes in lift-truck attachments and industrial material handling solutions[18] - The Company operates a 50%-owned joint venture, Sumitomo NACCO Forklift Co., Ltd., which has manufacturing facilities in Japan, the Philippines, and Vietnam [20] Tax and Legal Matters - The reported income tax rate for the first half of 2020 was 8.4%, down from 22.7% in the same period of 2019[44] - The company recognized a discrete tax benefit of $4.3 million related to uncertain tax positions during Q2 2020[44] - The company’s Brazilian legal advisors estimated a refund of approximately $18 million related to overpaid taxes, based on a favorable judicial decision[71]