Workflow
Material Handling Equipment
icon
Search documents
Kalmar changes its regional reporting structure and restates geographical area information based on the new regional structure
Globenewswire· 2025-08-27 10:00
Core Insights - Kalmar is changing its regional reporting structure to enhance customer service and operational efficiency, effective from October 1, 2025 [1][3] - The new geographical areas will be APAC (Asia-Pacific), EMEA (Europe, Middle East, and Africa), and Americas, with the Americas region remaining unchanged [3] - The restated information for sales, orders received, and number of employees for 2024-2025 has been published, but this restatement does not affect Kalmar's total financial figures [4] Company Overview - Kalmar is a global leader in sustainable material handling equipment and services, operating in over 120 countries with approximately 5,200 employees [5] - In 2024, Kalmar's sales totaled approximately EUR 1.7 billion [5]
Hyster-Yale(HY) - 2025 Q2 - Earnings Call Presentation
2025-08-06 15:00
Q2 2025 Financial Performance - Hyster-Yale's Q2 2025 consolidated revenue reached $957 million, an 18% decrease compared to the prior year[14, 17] - The company reported an adjusted operating profit of $7 million, down from Q2 2024's strong results[14, 17] - Hyster-Yale's adjusted net loss was $2 million in Q2 2025[14, 20] - Lift Truck revenue was $904 million, a 19% year-over-year decrease[20, 23] - Bolzoni's revenue was $91 million, a 12% decrease compared to the prior year[20, 23] Liquidity and Outlook - Hyster-Yale extended its credit facility to 2030, maintaining liquidity of $300 million[17, 27] - The company's working capital as a percentage of sales decreased by 100 basis points to 21% compared to Q1 2025[17, 28] - The unit bookings value declined to $330 million, a 44% decrease compared to Q1 2025[17] - The unit value backlog is $17 billion, representing approximately 4-5 months of production[17] - Full year 2025 is projected to be below the robust results of 2024, with higher tariffs creating cost and market demand uncertainty[18, 35] Strategic Initiatives and Long-Term Objectives - Hyster-Yale aims for long-term financial objectives including revenue growth at GDP++, operating profit margins of 7% of sales, working capital at 15% of sales, and a Return on Total Capital Employed (ROTCE) greater than 20%[105] - The company is focused on modular, scalable product platforms and optimized manufacturing footprint to improve capital efficiency[75, 94]
Columbus McKinnon Reports Q1 FY26 Results and Reaffirms Guidance
Prnewswire· 2025-07-30 10:30
Core Insights - Columbus McKinnon Corporation reported a net sales decrease of $3.8 million, or 1.6%, for the first quarter of fiscal year 2026 compared to the prior year, with net sales totaling $235.9 million [2][4] - The company experienced a net loss of $1.9 million, reflecting a net loss margin of (0.8%), which includes $8.1 million in acquisition-related expenses and $4.2 million in tariff impacts [4][5] - The backlog increased by 23% year-over-year to $360.1 million, indicating a healthy demand environment with a book-to-bill ratio of 1.1x [4][26] Financial Performance - Net sales for Q1 FY26 were $235.9 million, down from $239.7 million in Q1 FY25, with U.S. sales slightly declining by 0.7% and non-U.S. sales decreasing by 2.7% [2][4] - Gross profit fell to $77.2 million, a decrease of 13.3% from $89.0 million in the prior year, resulting in a gross margin of 32.7% [3][4] - Adjusted EBITDA for the quarter was $30.8 million, down 17.9% from $37.5 million in the previous year, with an adjusted EBITDA margin of 13.0% [5][39] Operational Highlights - The company anticipates a net tariff impact of approximately $10 million in the first half of fiscal 2026, consistent with prior guidance [1][4] - Columbus McKinnon is progressing towards the acquisition of Kito Crosby, expecting benefits from scale, improved solutions, and realization of synergies [1][4] - Capital allocation priorities include paying down debt while maintaining consistent dividend payments, with a focus on advancing the Intelligent Motion strategy [6][8] Guidance and Outlook - The company reaffirms its fiscal year 2026 guidance, expecting net sales and adjusted EPS to be flat to slightly up, while factoring in approximately $35 million of interest expense and $30 million of amortization [7][8] - The guidance does not account for the pending Kito Crosby acquisition and reflects the current understanding of the volatile tariff policy environment [7][8]
HYSTER-YALE ANNOUNCES DATES OF SECOND QUARTER 2025 EARNINGS RELEASE AND WEBCAST
Prnewswire· 2025-07-29 10:30
Company Announcement - Hyster-Yale, Inc. will release its Second Quarter 2025 financial results after the market closes on August 5, 2025 [1] - A webcast to discuss the financial results will be hosted on August 6, 2025, at 11:00 a.m. ET [1] Webcast Access - The webcast can be accessed on the company's website approximately 15 minutes prior to the event [2] - An archive of the webcast will be available on the company's website about two hours after the live call ends [2] Company Overview - Hyster-Yale, Inc. is headquartered in Cleveland, Ohio, and offers a full line of lift trucks and solutions for materials handling [3] - The company's vision includes understanding customer applications to improve productivity and providing exceptional customer care throughout the product lifecycle [3] Subsidiaries and Products - Hyster-Yale's subsidiary, Hyster-Yale Materials Handling, Inc., designs, manufactures, and sells lift trucks and aftermarket parts under various brand names [4] - The subsidiary Bolzoni S.p.A. produces attachments and lift tables marketed under its own brand names [4] - Hyster-Yale Materials Handling has a joint venture in Japan with Sumitomo NACCO Forklift Co. Ltd. [4]
Kalmar’s January-June 2025 half-year financial report to be published on Friday, 25 July 2025
Globenewswire· 2025-07-11 12:00
Core Viewpoint - Kalmar Corporation is set to release its half-year financial report for January-June 2025 on 25 July 2025, which will be accessible on their website [1] Group 1: Financial Report Details - The financial report will be published at approximately 9:00 a.m. EEST on 25 July 2025 [1] - A live international telephone conference for analysts, investors, and media will take place on the same day at 10:00 a.m. EEST [2] - The presentation will be conducted by President & CEO Sami Niiranen and CFO Sakari Ahdekivi, with presentation materials available by 10:00 a.m. EEST [2] Group 2: Conference Participation - Participants can register for the teleconference via a provided link, after which they will receive conference phone numbers and an ID [3] - The event will also be available as a live webcast, and a recorded version will be published later on Kalmar's website [4] Group 3: Company Overview - Kalmar operates in over 120 countries and employs approximately 5,200 people, focusing on sustainable material handling equipment and services [6] - In 2024, Kalmar's sales totaled approximately EUR 1.7 billion [6]
Columbus McKinnon Publishes 5th Annual Corporate Sustainability Report, Demonstrating Continued Focus on its Sustainability Strategy
Prnewswire· 2025-07-02 12:30
Core Insights - Columbus McKinnon Corporation published its fifth annual Corporate Sustainability Report, emphasizing its commitment to environmental stewardship, social responsibility, and governance [1][2] - The company aims to strengthen its business through a focused sustainability strategy that aligns with its operational goals, enhancing financial results and long-term value while reducing environmental impacts [2] Sustainability Achievements - Significant progress in emissions reduction, particularly in Scope 1 and Scope 2 emissions intensity [5] - Ongoing initiatives in recycling and waste reduction [5] - Enhanced role of global Green Teams in educating employees and implementing carbon footprint mitigation strategies [5] Employee Engagement and Development - Increased focus on professional development and employee engagement to support growth strategies [5] Regulatory Preparedness - Proactive measures taken in anticipation of the European Union Corporate Sustainability Reporting Directive [5]
Kalmar’s climate targets validated by Science Based Targets initiative
Globenewswire· 2025-06-27 07:00
Core Viewpoint - Kalmar Corporation has received validation from the Science Based Targets initiative (SBTi) for its near- and long-term emissions reduction targets, committing to net-zero emissions by 2045 in alignment with the Paris Agreement's goal of limiting global temperature rise to 1.5°C [1][2][4]. Group 1: Emission Reduction Targets - Kalmar aims to reduce absolute scope 1 and 2 greenhouse gas (GHG) emissions by 90% by 2030 from a 2023 base year [6]. - The company also targets a 40% reduction in absolute scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, use of sold products, and downstream leased assets within the same timeframe [6]. - From 2030 to 2045, Kalmar commits to maintaining a minimum of 90% absolute scope 1 and 2 GHG emissions from the 2023 base year [6]. - Additionally, the company plans to reduce absolute scope 3 GHG emissions by 90% by 2045 from the 2023 base year [6]. - Kalmar's ultimate goal is to achieve net-zero greenhouse gas emissions across its entire value chain by 2045 [6]. Group 2: Commitment to Sustainability - The validation from SBTi underscores Kalmar's commitment to sustainability and its role in driving the transformation towards sustainable material handling in the industry [2][3]. - The company emphasizes the importance of sustainable innovation and collaboration with customers and suppliers to tackle emissions across its entire value chain [3]. - Kalmar's vision is to be a leader in sustainable material handling equipment and services, contributing to profitable business growth while adhering to climate science [2][5].
Kalmar launches Inspector – a new digital application to streamline daily equipment inspections
Globenewswire· 2025-06-26 07:00
Core Insights - Kalmar has launched a new digital application called Inspector to enhance the efficiency of routine inspections for material-handling equipment [1][4] - The application allows for centralized storage of inspection data, facilitating analysis and reporting [1][2] Group 1: Product Features - Inspector enables users to document inspections accurately, store data digitally, and identify maintenance needs more easily [2][3] - The application includes customizable checklists, allowing users to add notes and attach multimedia files [3] - Inspector can be used on any equipment without requiring connectivity or hardware installation, making it versatile [3] Group 2: Benefits for Users - The application streamlines the inspection process, making it faster, easier, and more reliable for users [4] - Fleet managers gain full visibility over inspection-related data, which aids in improving maintenance planning and execution [4] Group 3: Company Overview - Kalmar operates globally in over 120 countries and employs approximately 5,200 people [4] - In 2024, Kalmar's sales totaled approximately EUR 1.7 billion, indicating a strong market presence [4]
Kalmar and Depot Management Finland close order for empty container handlers
Globenewswire· 2025-06-25 08:00
Core Insights - Kalmar has signed an agreement to supply two empty container handlers to Depot Management Finland Oy, with delivery expected by the end of 2025 [4][5] - The new machines are designed for efficient and safe handling of empty containers, featuring an innovative twin twistlock solution that allows for flexible handling of various container sizes without speed reduction [6][7] - Depot Management Finland is reorganizing its operations to enhance efficiency following a recent acquisition, and the new equipment will support increased container traffic at Vuosaari port [5][7] Company Overview - Kalmar operates globally in over 120 countries and employs approximately 5,200 people, with sales totaling around EUR 1.7 billion in 2024 [9]
Composition of Kalmar Corporation’s Shareholders’ Nomination Board
Globenewswire· 2025-06-13 12:00
Core Points - The composition of Kalmar Corporation's Shareholders' Nomination Board has been updated as of June 13, 2025, consisting of four members appointed by the two largest shareholders of class A shares and the two largest shareholders of class B shares who do not own class A shares [1] - The Chair of Kalmar's Board of Directors, Jaakko Eskola, participates in the Nomination Board's work as an expert but does not have decision-making rights [2] - The Nomination Board is tasked with preparing proposals regarding the number, election, and remuneration of the Board of Directors' members, and must submit these proposals by the last day of January before the Annual General Meeting [3] - Kalmar operates globally in over 120 countries, employing approximately 5,200 people, and reported sales of approximately EUR 1.7 billion in 2024 [4] Shareholders' Nomination Board Members - Ville Herlin was appointed by Wipunen varainhallinta oy [5] - Heikki Herlin was appointed by Mariatorp Oy [5] - Timo Sallinen, Chief Investment Officer of Varma Mutual Pension Insurance Company, was appointed by Varma Mutual Pension Insurance Company [5] - Mikko Mursula, Chief Investment Officer and Deputy CEO of Ilmarinen Mutual Pension Insurance Company, was appointed by Ilmarinen Mutual Pension Insurance Company [5]