Hyster-Yale's Q2 results show revenue drop y-o-yIn this week’s Forkliftaction News, we look at the mixed bag of financial results released in the last week. This includes Hyster-Yale which improved quarter-on-quarter, but dropped modestly y-o-y, leading it to forecast a moderate operating loss for 2026.
KION reports a modest revenue increase y-o-y resulting in a narrowed forecast for the remainder of 2026, while French manufacturer Manitou records a healthy 12% y-o-y revenue jump.
German equipment making giant Jungheinrich acquires a 4.9% stake in the maker of its AntOn range of equipment, China’s EP Equipment.
LuiGong launches its new battery-electric portfolio into North America, EnerSys launches its next generation of lithium-ion batteries and SOCMA delivers a 72T capacity forklift to Singapore’s Chasen Group.
The search for the oldest operating Yale forklift in North America is on, and Bobcat takes out three honours at the 2026 Construction Machinery Middle East (CMME) Awards.