Hyster-Yale said first-quarter results were pressured by a still-challenging lift truck market, tariff costs and a customer mix shift toward lighter-duty, lower-priced equipment. Management noted improving bookings and expects second-half profitability as demand begins to recover, but near-term fundamentals remain soft.
Hyster-Yale said first-quarter results were pressured by a still-challenging lift truck market, tariff costs and a customer mix shift toward lighter-duty, lower-priced equipment. Management noted improving bookings and expects second-half profitability as demand begins to recover, but near-term fundamentals remain soft.
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