Hyster-Yale, Inc. (HY) Q4 2024 Earnings Call Transcript

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Hyster-Yale, Inc. (NYSE:HY) Q4 2024 Results Conference Call February 26, 2025 11:00 AM ET

Company Participants

Andrea Sejba – IR Director
Rajiv Prasad – President & Chief Executive Officer
Scott Minder – Senior Vice President, Chief Financial Officer & Treasurer
Al Rankin – Executive Chairman

Conference Call Participants

Ted Jackson – Northland Securities

Operator

Good morning, ladies and gentlemen, and welcome to the Hyster-Yale, Inc. Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions] This call is being recorded on Wednesday, February 26, 2025.

I would now like to turn the conference over to Andrea Sejba. Please go ahead.

Andrea Sejba

Good morning, and thank you for joining us for Hyster Yale’s 2024 fourth quarter earnings call. I’m Andrea Sejba, Director of Investor Relations and Treasury. Joining me today are Al Rankin, Executive Chairman; Rajiv Prasad, Chief Executive Officer and Scott Minder, Senior Vice President, Chief Financial Officer and Treasurer.

During our call, we will be discussing our fourth quarter and full year 2024 earnings release issued yesterday. You can find the earnings release and replay of this webcast on the Hyster-Yale website. The replay will remain available for approximately 12 months.

Today’s conference call contains forward-looking statements, which are subject to risks that could cause actual results to be materially different from those expressed or implied. These risks are described in greater detail in the earnings release and in our reports filed with the SEC.

On this call, we will be discussing our adjusted results. We believe that these are useful in evaluating the company’s operating performance. Reconciliations of adjusted operating profit, net income and earnings per share to the most directly comparable GAAP financial measures can be found in the company’s

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