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Hyster-Yale reported improved results in Q2 2024, with revenue up 7% and operating profit up 63% compared to the prior year. The company's net income increased by 65%.
Significant inventory decrease & Cash flow increase vs. PY
Y/Y revenue increase
Operating profit moderating slightly vs. strong PY
Net income comparable to strong PY
H2 2024 revenue is expected to increase, with operating profit moderating slightly vs. H2 2023. Net income is expected to be comparable to prior year.
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