Soweit ich weiß, ist Hyster Yale Partner von Plug.
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In addition, the federal fuel cell tax credit was recently extended for a five-year term retroactive to January 1, 2017, which makes the economics of fuel cell-driven forklifts more competitive.
75% eines chinesischen Herstellers (Gabelstapler, GSE): Before we discuss our results, I want to talk a bit about the announcement we made in early December. On December 6, 2017, we entered into a definitive agreement with KNSN Pipe and Pile Company Limited, to acquire a 75% in Zhejiang Maximal Forklift Company Limited, for an aggregate purchase price of $90 million. We expect to spend the purchase price with cash on-hand. Maximal is a privately held Chinese manufacturer of utility and standard Lift Trucks, and specialized material handling equipment, specifically Class 1 electric and Class 5 internal combustion engine counterbalance utility and standard platforms, as well as Class 2 and Class 3 electric warehouse products, for both the local China and global markets. Maximal also has specialized products for the Port Equipment and Rough Terrain forklift markets. This transaction was primarily driven by our desire to expand the breadth and depth of our geographic footprint. We have been in the China market for a number of years, but our market share has been limited and focused in the premium segment.
+13% Gabelstapler Now let me discuss our results for the fourth quarter. I will discuss the highlights, and then get into the details. In the fourth quarter, global Lift Truck markets continued the double digit growth trend that was struggling throughout 2017. When you exclude China, the market growth was not as substantial, but it was still very strong with an over 11% increase in double digit increases in all of our geographic segments. In this strong market, we had a 13% increase in our fourth quarter Lift Truck shipments, and our ending backlog increased 10% over the prior year.
+15% Revenue = 795,5 Mill. $ On a consolidated basis, our revenues increased over 15% to $795.5 million, up from $690.6 million last year, driven by 15% growth in the Lift Truck business revenues and 22% growth in Bolzoni's revenues. These new products, as well as those recently launched and the introduction of other new products in the pipeline, including trucks with new Nuvera fuel cell battery box replacements ("BBRs"), are expected to contribute to market share gains, improve revenues and enhance operating margins.
The organizational realignment designed to enhance the overall strategic positioning and operational effectiveness of the fuel cell business, with Nuvera focused on fuel cell stacks, engines and associated components and the Lift Truck business focused on battery box replacements and integrated engine solutions, was complete as of December 31, 2017, with the exception of the transition of manufacturing of current BBRs from Nuvera to the Lift Truck business. Due to the relatively high cost position and limited product range of currently available BBRs, the Company is taking a measured approach to developing its customer base by building relationships with customers that are willing to pay a premium for the high power density of the current Nuvera BBR solution and the product support now offered through the Lift Truck business. In addition, the federal fuel cell tax credit was recently extended for a five-year term retroactive to January 1, 2017, which makes the economics of fuel cell-driven forklifts more competitive.
The backlog for Nuvera units was just over 300 as of December 31, 2017
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