Hyster Yale Inc (FRA:HYEA)
€ 66.5 -2 (-2.92%) Market Cap: 1.15 Bil Enterprise Value: 1.54 Bil PE Ratio: 8.20 PB Ratio: 3.00 GF Score: 69/100

Hyster-Yale Materials Handling Inc at Bank of America Merrill Lynch Leveraged Finance Conference Transcript

Dec 03, 2019 / 04:30PM GMT
Release Date Price: €50.5 (-2.88%)
Brian K. Frentzko
Hyster-Yale Materials Handling, Inc. - VP & Treasurer

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or $1 billion. So I'll take it to the safe harbor. You can read through that at your leisure, and we'll just move right in.

On Slide 3, we're really a story of 3 businesses. We have our core Lift Truck business. The Yale brand has been around since about 90 years and the Hyster brand about 70 to 75 years, and that still remains the core of our business. Our second business is our fuel cell business. That -- it's still a development company as we try and commercialize fuel cell engine stacks, initially for the Lift Truck business but also for further use for other applications. And the third business is a bolt-on acquisition we made in 2016, company called Bolzoni Auramo. It's been a highly successful acquisition, very strong in Europe and a #2 attachment company in the world. And the synergies of their strength in Europe and ours in the U.S. has allowed us a greater potential to grow their business as well as ours. So we are fully truck product line. We are probably the broadest product

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