Brief: Hyster-Yale Materials Reports Q3 Earnings Per Share $0.76

Hyster-Yale

29/10/2019 21:22

Oct 29 (Reuters) - Hyster-Yale Materials Handling Inc
 HY.N :
    * HYSTER-YALE MATERIALS HANDLING ANNOUNCES THIRD QUARTER
2019
RESULTS
    * Q3 EARNINGS PER SHARE $0.76
    * Q3 REVENUE $766 MILLION
    * HYSTER-YALE MATERIALS - FOR FY, CONSOLIDATED CASH FLOW
BEFORE
FINANCING ACTIVITIES IS EXPECTED TO DECREASE SIGNIFICANTLY
COMPARED WITH 2018
    * CAPEX EXPECTED TO DECLINE IN 2021 BUT REMAIN AT LEVELS
HIGHER
THAN 2019
    * WORKING CAPITAL IS EXPECTED TO IMPROVE SIGNIFICANTLY IN Q4
OF
2019
    * HYSTER-YALE MATERIALS - FOR 2020 FULL YEAR, CONSOLIDATED
CASH
FLOW BEFORE FINANCING ACTIVITIES IS EXPECTED TO INCREASE
SIGNIFICANTLY OVER 2019.
    * CONSOLIDATED OPERATING PROFIT AND NET INCOME IN 2020 ARE
ALSO
EXPECTED TO INCREASE SUBSTANTIALLY OVER 2019
    * HYSTER-YALE MATERIALS HANDLING - CONSOLIDATED OPERATING
PROFIT &
NET INCOME IN 2019 Q4 & FY ARE EXPECTED TO INCREASE OVER
COMPARABLE 2018 PERIODS

Source text for Eikon:  ID:nPn54GG61a 
Further company coverage:  HY.N 

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