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The Shyft Group Reports Fourth Quarter and Full-Year 2024 Results

1. SHYF reported strong FVS and SV margins improvements driven by operational efficiency. 2. Forecast 2025 sales at $870-970M (+17% YoY) with a pending merger with Aebi Schmidt.

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FAQ

Why Bullish?

The report shows improved margins, a robust sales forecast, and a transformative merger, all positive fundamentals. Similar historical earnings reports with merger news (e.g., Navistar, PACCAR) have driven notable price advances.

How important is it?

The combination of strong margin performance, positive sales guidance, and a strategic merger enhances SHYF’s growth prospects significantly, making this news highly impactful for the stock.

Why Long Term?

The merger and ongoing operational improvements suggest sustained growth and value creation over future quarters, not just an immediate reaction.

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Delivered double-digit Fleet Vehicles and Services (FVS) margins bolstered by operational improvements Strong Specialty Vehicles (SV) margins Successfully shipped Blue Arc™ Class 4 EV trucks to FedEx Provides full-year 2025 sales outlook of $870 to $970 million, up 17% year-over-year at the midpoint Entered into transformative merger agreement with Aebi Schmidt; remains on track to close by mid-2025   NOVI, Mich. , Feb. 20, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service specialty vehicle markets, today reported operating results for the fourth quarter and full-year ended December 31, 2024.

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