Hyster-yale, Inc. · NYSE:HY
Hyster-yale — Hyster-Yale Materials Handling — Q3 2025 Earnings Presentation
72 slides from Hyster-yale's earnings presentation, Nov 5, 2025
Slide 1: Q3 2025 Investor Presentation
Q3 2025 Investor Presentation
Slide 2: Safe Harbor Statement and Disclosure
Safe Harbor Statement and Disclosure This presentation includes forward-looking comments subject to important risks and uncertainties. The statements contained in this investor presentation that are not historical facts are “forward-looking statements.” These forward-looking statements are made subj
Slide 3: Q3 2025 Quarterly Overview
Q3 2025 Quarterly Overview
Slide 4: Hyster-Yale (NYSE: HY)
Hyster-Yale (NYSE: HY) One company with two businesses, each offering a full line of products and services 1 LIFT TRUCKS – Core Business 2 BOLZONI – Attachment Business Provide essential transport solutions for Enable lift truck versatility for handling warehouse and industrial applications. unique
Slide 5: Hyster-Yale at a Glance – Q3 2025 Consolidated Results
Hyster-Yale at a Glance – Q3 2025 Consolidated Results $979M $2.3M $3.3M $2.3M $1.6M REVENUES OPERATING ADJUSTED NET LOSS ADJUSTED NET PROFIT OPERATING LOSS (1) PROFIT (1) _____________________ (1) Adjusted Operating Profit and Adjusted Net (Loss) are supplemental measures and should not be consider
Slide 6: Key Takeaways – Q3 2025
Key Takeaways – Q3 2025 Reduced market demand coupled with tariff-driven cost increases FINANCIAL RESULTS SOLID LIQUIDITY BOOKINGS FINANCIAL OUTLOOK IMPROVEMENT $979M 20% Higher tariffs creating REVENUE WORKING CAPITAL $380M cost and market -4% vs. prior year PERCENT OF SALES UNIT BOOKINGS VALUE dem
Slide 7: Results for Q3 2025 vs. Prior Year
Results for Q3 2025 vs. Prior Year Reduced demand due to ongoing economic uncertainty and tariffs HY CONSOLIDATED LIFT TRUCK(1) BOLZONI(1) ($M) Q3 2025 Q3 2024 VARIANCE Q3 2025 Q3 2025 Revenues $979 $1,016 ($37) $929 $87 Adjusted Operating Profit(2) $3 $34 ($31) $1 $2 Adjusted Net Income (Loss)(2) (
Slide 8: Debt Overview
Debt Overview Q3 2025 DEBT COMPOSITION NET DEBT / ADJUSTED EBITDA ($M) Net Debt Net Debt / Adjusted EBITDA 8 500 7 Net Debt / Adjusted EBITDA $6 $23 400 6 $70 $56 Leverage negatively impacted 5 Net Debt 300 by supply chain constraints 4 post-COVID Leverage increase due to lower earnings 3 $100 $468
Slide 9: Quarterly Cash Activity
Quarterly Cash Activity OPERATING CASH FLOW & CAPEX AS OF 9/30/25 180 2.0% • $71M of Cash on hand 160 1.8% • Working Capital to Sales ratio: 20% 1.6% 140 ‒ Inventory improved by $155M y/y and 1.4% $35M vs. Q2 ’25 (ex. FX and tariffs) 120 1.2% • Dividends paid: 100 CapEx % Revenue 1.0% ‒ Q3 ’25 YTD:
Slide 10: Q4 2025 Outlook
Q4 2025 Outlook Profit decline on lower revenues reflecting tariff-related cost and demand impacts LIFT TRUCK BOLZONI HYSTER-YALE • Revenue and operating profit • Revenue below Q3 2025 due to • Lower revenue vs. Q3 2025 decline vs. Q3 2025 lower volume • Expected moderate operating loss ‒ Moderated
Slide 11: Company Overview & Strategy
Company Overview & Strategy
Slide 12: Hyster-Yale (NYSE: HY)
Hyster-Yale (NYSE: HY) One company with two businesses, each offering a full line of products and services 1 LIFT TRUCKS – Core Business CONSOLIDATED FINANCIALS Q3 2025 LTM* ($M) Revenues $3,914 Adjusted Operating Profit(1) $86 Adjusted Net Income(1) $31 2 BOLZONI – Attachment Business SALES BY SEGM
Slide 13: Vision
Vision Transforming the way the world moves materials from Port to Home LIFT TRUCKS ATTACHMENTS Transformation focused on reducing the impact of material movement on people, the environment and the economy driven by the imagination and creativity of our team. 13
Slide 14: Mission: We Make Our Customers Two Promises
Mission: We Make Our Customers Two Promises … Providing optimal solutions and excellent customer care OPTIMAL SOLUTIONS CUSTOMER CARE • Understand customers’ applications and • Never let customers down needs for equipment/power options • Engagement and solutions through • Provide optimal solutions l
Slide 15: Lift Trucks are Integral to Our Lives
Lift Trucks are Integral to Our Lives Products are handled numerous times by a forklift before they reach the end customer 15
Slide 16: Global Leader of Material Handling Solutions
Global Leader of Material Handling 8,200 GLOBAL EMPLOYEES Solutions Serving customers globally, regionally and locally using GLOBAL INDUSTRY COVERAGE an industry and customer-focused approach • Industry application focus • Full-range of class 1 to 5 lift trucks • Integrated technologies to reduce co
Slide 17: Global Mega Trends Accelerate Growth
Global Mega Trends Accelerate Growth Long-term growth rates supported by market shifts and HY’s unique capabilities PRODUCTIVITY ELECTRIFICATION Technology Solving Challenges Industry-specific approach Batteries and fuel cells to application challenges EMPLOYEE SAFETY INFORMATION AS A Operator Assis
Slide 18: 100+ Years of Leading Innovations and Operational Excellence
100+ Years of Leading Innovations and Operational Excellence Full range of products, power options and solutions CAPACITY RANGE: ~2,500 lbs to 100,000+ lbs ELECTRIC INTERNAL COMBUSTION (ICE) CLASS 1 CLASS 5 CB* WAREHOUSE COUNTERBALANCED BATTERY/FUEL CELL ICE CLASS 1 CLASS 2 CLASS 3 CLASS 4 CLASS 5 B
Slide 19: Unique Business Model
Unique Business Model Efficient capital deployment targeting high returns INVESTMENT PRACTICES Focus on investments that enhance core lift truck business and drives strong ROTCE* CAPITAL EFFICIENT INVESTMENTS OPTIMIZE CAPITAL DEPLOYED • Modular, scalable product platforms • Independent dealer networ
Slide 20: Operating Structure Optimized to Deliver Customer-Centric Solutions
Operating Structure Optimized to Deliver Customer-Centric Solutions Through Our Two Businesses CUSTOMERS DISTRIBUTION INTERNAL CAPABILITIES • Global • Exclusive, independent dealers • Modular, scalable platforms • Full product line • Direct sales to major accounts • “Center of Gravity” suppliers • S
Slide 21: Well-Defined, Long-Term Strategies Across All Businesses
Well-Defined, Long-Term Strategies Across All Businesses Service plus technology capabilities enhance the core and accelerate performance ENABLE CORE GROWTH ENHANCE POSITION FOR STAKEHOLDERS’ • Growth through our COMPETITIVE FUTURE GROWTH SUCCESS Economic engine ADVANTAGE • Accretive capital • Custo
Slide 22: Our Economic Engine Drives Compounding Growth
Our Economic Engine Drives Compounding Growth Five core strategies to transform HY’s competitiveness, market position and economic performance over time, each supported by strategic projects Worldwide Distribution Geographic & Volume Strength to Drive Product Balance ECONOMIES OF SCALE MARKET SHARE
Slide 23: Strategically Focused with Disciplined Execution
Strategically Focused with Disciplined Execution Connecting strategies to key projects within our businesses to achieve growth objectives PROJECTS FOR REVENUE GROWTH PROFIT GROWTH CASH GENERATION CAPITAL DEPLOYMENT • Modular, scalable • Pricing • Manufacturing • Independent products footprint optimi
Slide 24: Our Superpower, Easy to Understand, Hard to Replicate
Our Superpower, Easy to Understand, Hard to Replicate Sustainable competitive advantage through disciplined, global cross-functional projects THICKET OF ACTIVITIES CULTURE MOMENTUM ACCOMPLISHMENTS Cross-company projects Discipline, problem solving Synergistically accelerating results Systematic, mis
Slide 25: One Company, Two Synergistic Businesses
One Company, Two Synergistic Businesses Executing on growth strategies with a margin and cash emphasis Core Business: LIFT TRUCKS Attachment Business: BOLZONI Central & Regional Structure • Modular, Scalable Platforms • Industry Approach & Solutions Technology to Address Customers’ Challenges • Leve
Slide 26: Long-Term Financial Objectives
Long-Term Financial Objectives
Slide 27: Strategy Execution Accelerating Progress
Strategy Execution Accelerating Progress Progress toward Lift Truck & Bolzoni long-term targets key to long-term HY results REVENUE GROWTH OPERATING PROFIT WORKING CAPITAL ROTCE MARGINS GDP ++ 7% Sales 15% Sales >20% • Global market expansion • Modular and • Supply chain and • Increased and consiste
Slide 28: Significant Opportunities for Lift Truck & Bolzoni
Significant Opportunities for Lift Truck & Bolzoni Achieve long-term targets, sustain performance, intensify cash flow focus REVENUE ADJUSTED OPERATING PROFIT MARGIN(1) ACHIEVE TARGETS ($M) 6,000 GDP++ 8% 7% Target • Modular, scalable products 6% • Industry-specific solutions 4% 4,000 • Pricing agil
Slide 29: Accretive Capital Allocation Framework
Accretive Capital Allocation Framework Generating consistent cash flows and making disciplined investments Efficient Fixed Cost Effective Working Capital Productivity Utilization Capital Management Strong Operating Cash Flow Maintenance CapEx Routine Debt Service Focus on ~ equal to depreciation Con
Slide 30: Our Path to Long-Term Value Creation
Our Path to Long-Term Value Creation Transformation of core lift truck business for sustainable financial improvement ACHIEVING LONG-TERM FINANCIAL OBJECTIVES Revenue >$5B Q3 2025 LTM* Operating Profit Working & Margin Capital = >$350M / 7% Revenue Operating Profit + 15% Sales $3.9B Revenue Growth +
Slide 31: HY - A Solid Long-Term Investment Option
HY - A Solid Long-Term Investment Option Innovative, disciplined, long-term focused company LIFT TRUCK & ATTACHMENT BUSINESS INCREASING SHAREHOLDER VALUE • Established industry provides • Combining innovation and consistent growth potential discipline to create strong outcomes • High barriers to ent
Slide 32: Overall Investment Thesis
Overall Investment Thesis Focused business portfolio and capabilities for long-term growth ATTRACTIVE GLOBAL TECHNOLOGY-ENABLED FINANCIAL RESULTS MARKETS SOLUTIONS Lift truck industry growth Solving our customers’ Driving accretive capital rate at GDP+ most difficult materials allocation handling ch
Slide 33: Lift Truck Business
Lift Truck Business Transforming the way the world moves materials from Port to Home.
Slide 34: Improved Lift Truck Business Financial Performance
Improved Lift Truck Business Financial Performance Diversified across regions and product classes LIFT TRUCK REVENUES REVENUE BY CLASS ADJUSTED OPERATING PROFIT MARGIN(1) ($B) 4.1 3.9 3.7 3.4 26% Target 7% 2.9 Class 1 Electric 8% 6% 6.1% 4% 4.9% 10% Class 2 Electric 2% 2.3% 2021 2022 2023 2024 Q3 20
Slide 35: Revenue Diversification
Revenue Diversification Full-line global lift truck manufacturer serving a broad group of end markets 2024 LIFT TRUCK SALES 2024 RETAIL LIFT TRUCK 2024 LIFT TRUCK BY PRODUCT UNIT REVENUE BY END MARKET(2) DISTRIBUTION CHANNEL MIX 7% 47% 28% 23% 23% 77% Service, Rental ICE(1) Retail and Food and Major
Slide 36: Global Lift Truck Industry
Global Lift Truck Industry Market linked to worldwide movement of all goods Industry Units by Class Global Lift Truck Industry Size* including China 6% 18% Americas EMEA Asia-Pacific China Class 2 Electric Class 1 Electric (units in thousands) Significantly above 2,341 Estimate** 2,400 CAGR (2015 –
Slide 37: Industry and HY Lift Truck Revenue
Industry and HY Lift Truck Revenue Diversified across regions and product classes Industry Unit Revenue by Region HY Unit Revenue by Region _____________________ Source: Company: FY 2024 Unit Estimated Industry Revenue 21% Revenue Mix _____________________ 4% EMEA Note: Units sold direct by SN JV ar
Slide 38: Growth Potential Beyond GDP+ Market Growth Rate
Growth Potential Beyond GDP+ Market Growth Rate Evolving capabilities align with market growth elements HY COMPETITIVE ADVANTAGES Evolutionary advantages enhance the core • Revolutionary shifts accelerate performance Technology to Enhance User Outcomes Revolutionary Robotics Modular, Scalable GDP++
Slide 39: Key Opportunities for Market Share Growth
Key Opportunities for Market Share Growth Leverage global capabilities to achieve share potential across markets LIFT TRUCK MARKET PENETRATION AMERICAS WAREHOUSE VS. INDUSTRIALS Total Market Size Total Market Size China(1) Market Growth Growth Opportunity Opportunity Americas EMEA JAPIC Warehouse In
Slide 40: Expanding Solutions Address Global Industry Requirements
Expanding Solutions Address Global Industry Requirements Enhancing competitive capabilities through product breadth, scalability and technology MODULAR / EMERGING BREADTH ELECTRIFICATION SCALABLE PLATFORM TECHNOLOGIES Image Simplifies operations; Rapidly adding electrification Complete product range
Slide 41: Core Product Strategy – Modular & Scalable Platforms
Core Product Strategy – Modular & Scalable Platforms Modular, Scalable, 2 to 3.5-ton ICE** Right Truck, Right Price, Right Application Truck Shipments Accelerating • 9 component modules; commonality enables design, assembly and parts synergies • Modules scale up/down with interchangeable function an
Slide 42: Solving Customers’ Problems with Emerging Technologies
Solving Customers’ Problems with Emerging Technologies Innovations driving breakthrough results DATA ANALYTICS SMART MACHINES FULL AUTOMATION ENERGY SOLUTIONS Telemetry data helps Operator assist systems Robotic lift trucks lower Lithium-ion batteries & improve operator safety, help reduce incidents
Slide 43: SUCCESS STORY: Chiquita Italy
SUCCESS STORY: Chiquita Italy Efficient Yale fleet helps keep fruit fresh at Chiquita APPLICATION-TAILORED PERFORMANCE Product line with customized trucks for customer’s application and needs CUSTOMER • Large, banana ripening operations in Italy PROJECT "The primary challenge we face is maneuvering
Slide 44: SUCCESS STORY: Electrification
SUCCESS STORY: Electrification High performance. Low impact. ELECTRIC FORKLIFTS WITH ICE-LIKE POWER CUSTOMER • 44,000 sq. ft. drive-through indoor lumberyard PROJECT • Challenge: Upgrade aging lead-acid battery forklifts to zero-emission models for tall racks and high- volume use. • Solution: Hyster
Slide 45: Major Electrification Projects
Major Electrification Projects Capitalizing on electric truck advancements where ICE* has traditionally dominated KEY PROJECTS Projects are helping customers meet port-equipment decarbonization regulations/requirements: • Currently operating electrified fuel cell materials handling equipment: ‒ Reac
Slide 46: Upcoming Product Launches
Upcoming Product Launches EXPECTED LAUNCHES IN 2025 • New modular 1 to 2.0-ton pneumatic and 1 to 3.5-ton cushion products for Americas & EMEA regions • New modular 2 to 3.5-ton electric counterbalance product • Range of scalable lithium-Ion batteries and chargers for 2 to 3-ton electric counterbala
Slide 47: HY Automated Lift Trucks
HY Automated Lift Trucks Flexible solution to reduce labor costs and total cost of ownership THE NEXT GENERATION OF KEY BENEFITS HY AUTOMATED LIFT TUCKS • Technology fully supported by HY and its dealer network • Simple installation and easy-to-use interface for route adjustments • Affords lower tot
Slide 48: Leveraging Independent Distribution to Win
Leveraging Independent Distribution to Win Delivering exceptional customer experience while increasing capital efficiency • Differentiated AsOne value to customer • OEM and dealer aligned business models Independent • Optimizes long-term strategy and agility DISTRIBUTION SYNERGY Model • Exclusive, i
Slide 49: Lift Truck Business is the Core Platform for Delivering Value
Lift Truck Business is the Core Platform for Delivering Value Vehicle for high-margin solutions and service growth KEY TAKEAWAYS • Experienced, global market leader • Mature lift truck industry provides core platform for growth • GDP+ market growth with HY share upside potential • Strategically posi
Slide 50: Energy Solutions Updates & Progress
Energy Solutions Updates & Progress Strategic realignment and new lithium-ion battery offering KEY TAKEAWAYS: NUVERA KEY TAKEAWAYS: BATTERY SOLUTIONS • Nuvera’s Q2 2025 strategic realignment • New internally developed lithium-ion battery designed to increase near term profits and and charger solutio
Slide 51: Energy Solutions – Lithium-Ion Batteries
Energy Solutions – Lithium-Ion Batteries Single-source, integrated, value-delivered electric power options CURRENT: Multi-Source Solution FUTURE: Single-Source Solution HY BENEFITS Truck Battery Charger Truck Battery Charger • Incremental growth • Lift truck supplied by HY • Integrated lift truck, b
Slide 52: Bolzoni Attachments
Bolzoni Attachments Transforming the way the world moves materials from Port to Home. Need a good Bolzoni photo on a Hyster truck
Slide 53: Bolzoni Attachments are Critical to Productivity Solutions
Bolzoni Attachments are Critical to Productivity Solutions Award-winning Attachment Business makes HY leading industry player Focused on serving lift truck OEMs* and other attachment customers using an industry approach and dealer collaboration *OEM: Original Equipment Manufacturer 53
Slide 54: Accelerating Financial Performance
Accelerating Financial Performance Diversified across regions and product classes NET SALES NET SALES BY PRODUCT LINE ADJUSTED OPERATING PROFIT MARGIN(1) ($M) 375 379 348 356 341 2% Target 7% Lift Tables 8% 6% 53% 4.1% Attachments 4% 2.4% 2% 1.5% 2021 2022 2023 2024 Q3 2025 1.7% LTM* 0% (0.5%) (2%)
Slide 55: Significant Global Growth Opportunities
Significant Global Growth Opportunities Leveraging high-quality products and deep industry experience GROWTH BOLZONI ATTACHMENT MARKET PENETRATION* AREAS OF FOCUS EXPANDING MARKET SHARE • Americas and JAPIC markets • Products well aligned with market segment needs Total Market Size • Increased sales
Slide 56: Driving Growth, Industry by Industry
Driving Growth, Industry by Industry Leveraging high-quality, respected brands and products in growth industries BEVERAGE HOME APPLIANCES PULP & PAPER AUTOMOTIVE & 3PL* Meyer Bolzoni Auramo Preferred supplier of high- Innovative double-pallet High-tech carton clamp helps Paper roll clamps performanc
Slide 57: Product Development Focus Feeds Growth
Product Development Focus Feeds Growth Solving customers’ challenges through product and technological development FUTURE DEVELOPMENT Customer • AGVs growing in specific industries input: new handling- • Collaborating with AGV application manufacturers for integrated needs attachments Research & Sal
Slide 58: SUCCESS STORY: Bolzoni Telescopic Home Appliances Clamp
SUCCESS STORY: Bolzoni Telescopic Home Appliances Clamp Smart handling solutions for high-performance e-commerce logistics TELESCOPIC CARTON CLAMPS Fast, synchronized and space-optimized handling of large and varied loads, with maximum efficiency and minimal product damage CUSTOMER • A leading e-com
Slide 59: Clear Path to Achieving Profitability Goals
Clear Path to Achieving Profitability Goals Substantial opportunities to reach consistent profitability at target margin ADDRESSABLE MARKET PRODUCT MARGIN EXPANSION OEM TOP CUSTOMERS GROWTH • New attachment products • Increase in higher-margin, 5% • Increase Americas and JAPIC technologically-advanc
Slide 60: Bolzoni - A Strategic Multiplier for HY
Bolzoni - A Strategic Multiplier for HY Disciplined execution and Sell to operational Working Everyone; efficiencies capital and deepen and cash diversify KEY TAKEAWAYS improvements relationships focus • Expanding market presence Developing outside Europe Enhance HY ENHANCES market future talent HY
Slide 61: Appendix
NJ Appendix
Slide 62: Reconciliations
Reconciliations Working capital percentage of sales, Return on total capital employed, Adjusted EBITDA, Adjusted operating profit (loss) and Adjusted net income (loss) are not measurements under U.S. GAAP, should not be considered in isolation or as a substitute for GAAP measures, and are not necess
Slide 63: Reconciliations of Adjusted Operating Profit and Adjusted Net Income (Loss)
Reconciliations of Adjusted Operating Profit and Adjusted Net Income (Loss) ($M) Lift Truck(1) Bolzoni(1) Consolidated Operating profit (loss) — $2.1 $2.3 Restructuring and impairment charges $1.0 — $1.0 Adjusted operating profit $1.0 $2.1 $3.3 Q3 Net income (loss) — — $(2.3) 2025 Restructuring and
Slide 64: Reconciliations of Adjusted Operating Profit (Loss) and Adjusted Net Income (Loss) continued
Reconciliations of Adjusted Operating Profit (Loss) and Adjusted Net Income (Loss) continued HY LIFT TRUCK 2021 2021 Operating profit (loss) $(152.3) $(149.2) Impairment charges(1) $81.7 $81.7 Adjusted operating profit (loss) $(70.6) $(67.5) Net income (loss) $(173.0) Impairment charges(1) $70.0 Tax
Slide 65: Working Capital Percentage of Sales Calculation
Working Capital Percentage of Sales Calculation 2021 2022 2023 2024 Q3 2025 Accounts receivable $457.4 $523.6 $497.5 $488.4 $520.6 Inventory 781 799.5 815.7 754.3 740.3 Accounts payable (541.4) (607.4) (530.2) (455.5) $(476.0) Net Working Capital(1) $697.0 $715.7 $783.0 $787.2 $784.9 Consolidated Re
Slide 66: Reconciliation of ROTCE
Reconciliation of ROTCE Q3 2025 ($M) 2021(1) 2022(1) 2023(1) 2024(1) LTM(1) Average Stockholders' Equity $525.5 $241.9 $288.9 $454.4 $519.1 Average Debt $373.4 $535.2 $532.2 $476.0 $466.8 Average Cash $(93.8) $(66.8) $(69.3) $(75.9) $(77.5) Average capital employed 805.1 710.3 751.8 854.5 908.4 Net
Slide 67: Reconciliation of Adjusted EBITDA
Reconciliation of Adjusted EBITDA ($M) Year Ended December 31 Qtr. Qtr. Consolidated 2021 2022 2023 2024 2025 LTM* 9/30/2025 9/30/2024 Reconciliation of Adjusted EBITDA Net income (loss) attributable to stockholders $(173.0) $(74.1) $125.9 $142.3 $2.7 $(2.3) $17.2 Noncontrolling interest income (los
Slide 68: Reconciliation of Adjusted EBITDA continued
Reconciliation of Adjusted EBITDA continued ($M) Year Ended December 31 Qtr. Bolzoni 2021 2022 2023 2024 2025 LTM* 9/30/2025 Reconciliation of Adjusted EBITDA Operating profit (loss) $(1.8) $6.2 $15.3 $9.1 $0.7 $2.1 Other income (expense) 0.5 0.3 (0.5) — 0.2 (0.1) Depreciation and amortization expen
Slide 69: Supplemental Information
NJ Supplemental Information
Slide 70: Disciplined Capital and R&D Expenditures
Disciplined Capital and R&D Expenditures C A P I TA L E X P E N D I T U R E S R&D EXPENDITURES ($M) ($M) Lift Truck IT Systems Bolzoni 160 4% 85 65 Range Lift Truck 120 45 80 3% Bolzoni 25 40 R&D % of 5 Revenues -15 2021 2022 2023 2024 Low Est. High Est. 0 2% 2025 2025 2020 2021 2022 2023 2024 Est.
Slide 71: HY Lift Truck Revenue by Geography & Class – Quarter & LTM 9/30/25
HY Lift Truck Revenue by Geography & Class – Quarter & LTM 9/30/25 HY Q3 ’25 Lift Truck Unit Revenue by Geography HY Q3 ‘25 Lift Truck Unit Revenue by Class EMEA 18% Class 5* Class 1* 5% Asia-Pacific / Japan 42% 26% 1% China Class 2* 11% Americas _____________________ 76% _____________________ Class
Slide 72: HY Dealer Data
HY Dealer Data Hyster® Yale® Dual Brand Maximal* Total Dealers Owners Locations Owners Locations Owners Locations Owners Locations Owners Locations September 30, 2025 Americas 9 79 11 59 30 274 16 16 66 428 EMEA 54 124 38 71 22 35 15 26 129 256 JAPIC 44 84 10 26 5 32 19 32 78 174 Total 107 287 59 15
Hyster-Yale Materials Handling — Q3 2025 Earnings Presentation on 6ix