Techtronic Industries Company Limited ( (TTNDF) ) has released its Q2 earnings. Here is a breakdown of the information Techtronic Industries Company Limited presented to its investors.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Techtronic Industries Company Limited (TTI) is a global leader in cordless technology, specializing in power tools, outdoor power equipment, and floorcare and cleaning products, serving professional, industrial, DIY, and consumer markets worldwide.
In the first half of 2025, TTI reported robust financial results with sales reaching US$7.8 billion, marking a 7.1% increase compared to the previous year, and a significant net profit rise to US$628 million. The company’s flagship brands, MILWAUKEE and RYOBI, contributed significantly to this growth.
Key financial highlights include a 14.2% increase in net profit and a 13.3% rise in EBIT, with the MILWAUKEE brand achieving an impressive 11.9% sales growth in local currency. RYOBI also showed strong performance with an 8.7% sales increase. TTI generated US$468 million in free cash flow, maintaining a net cash position.
The company’s gross profit margin improved to 40.3%, reflecting operational efficiencies and a favorable product mix. TTI declared an interim dividend of approximately US16.09 cents per share, showcasing its commitment to returning value to shareholders.
Looking ahead, TTI’s management remains optimistic about navigating the macro-economic environment and strengthening its leadership position, driven by a dedicated global team and strategic investments in talent and innovation.