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Hyster-Yale(HY) - 2022 Q4 - Earnings Call Presentation

Financial Performance & Outlook - Hyster-Yale achieved record quarterly revenues of $985.2 million in Q4 2022[11] - Hyster-Yale's Q4 2022 net income was $7.6 million, showing better-than-expected profitability[16] - The average sales price per unit in backlog increased by approximately 34% from Q4 2021[16] - Hyster-Yale anticipates a significant increase in revenues and substantial operating profit in 2023[93] - Hyster-Yale expects increased margins and higher operating profit in 2023 compared to 2022[93] Segment Performance (Q4 2022) - Lift Truck segment revenue reached $938.0 million with an operating profit of $27.2 million and adjusted EBITDA of $36.8 million[19] - Bolzoni's revenue was $92.0 million, with an operating profit of $2.0 million and adjusted EBITDA of $5.1 million[19] - Nuvera's revenue was $1.3 million, with an operating loss of $9.3 million and adjusted EBITDA of -$9.1 million[19] Market Dynamics & Strategy - Hyster-Yale's backlog decreased by approximately 10% from its peak in Q1 2022[11] - Hyster-Yale's sales in the Americas accounted for approximately 67.8% of total sales in 2022[18] - Hyster-Yale is focused on core strategies to transform its competitiveness, market position, and economic performance[16]