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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (64068)5/24/2020 2:05:58 PM
From: Paul Senior  Read Replies (1) | Respond to of 78711
 
HY. Yes, earnings have been down past few years. The trend of customers moving away from internal combustion engine forklifts and for other material handling devices seems to be continuing. HY seems to have bet on hydrogen fuel cell power and is now somewhat trying to play catchup with electric (lithium battery). I've no idea which technology might prevail. May come down to overall cost of ownership, customer satisfaction, design of equipment tailored to specific customer needs, or perhaps it's modularity.

Nice Jungheinrich website (in English). They look like a formidable competitor.

Yes, HY was a spinoff (from Nacco).