CLEVELAND — Hyster-Yale Inc. hosted its first quarter earnings call on May 7, 2025, highlighting its latest financial results and strategic outlook. The call, led by key company officials, focused on the performance metrics and potential future directions for the lift truck manufacturer.

Andrea Sejba, Director of Investor Relations, opened the call by welcoming participants and introducing the leadership team. Joining her were Al Rankin, Executive Chairman, Rajiv Prasad, President and Chief Executive Officer, and Scott Minder, Senior Vice President and Chief Financial Officer. Sejba emphasized that the company’s earnings report was available on its website, providing a pathway for investors to access detailed financial data and future projections.

In her remarks, Sejba noted that the call would include forward-looking statements that carry inherent risks. She underscored that these statements might diverge from actual outcomes due to factors outlined in their earnings release and periodic SEC filings. The focus would center on adjusted results — a metric the company believes better represents its operational performance.

Rajiv Prasad took the helm to delve into the financial specifics, expressing optimism about the results for the first quarter. He elaborated on key achievements amid ongoing industry challenges, including supply chain disruptions and fluctuating demand. Prasad showcased the company’s resilience, highlighting innovative strategies that have or will facilitate growth despite a competitive market landscape.

Scott Minder then provided an in-depth analysis of the financial figures, revealing significant trends that shaped the quarter. He pointed out a steady rise in revenues compared to the previous year, driven by increased sales in key markets. Minder acknowledged challenges well-recognized across the industry but reiterated Hyster-Yale’s commitment to navigating those hurdles while maintaining profitability.

As the call proceeded, company officials addressed inquiries from analysts, expanding upon their approaches to managing operational costs and enhancing product offerings. The executives discussed ongoing investments in technology and sustainability initiatives aimed at improving efficiency and reducing the environmental footprint of their operations.

Concluding the discussion, the leadership team expressed gratitude for the continued support from investors and stakeholders. As Hyster-Yale looks to the remainder of 2025, they remain focused on executing their strategic plans while adapting to an evolving economic climate.