Techtronic Industries ( (TTNDY) ) has released its Q2 earnings. Here is a breakdown of the information Techtronic Industries presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Techtronic Industries Company Limited (TTI) is a global leader in cordless technology, specializing in power tools, outdoor power equipment, and floorcare products, serving a wide range of markets from professional to consumer sectors worldwide.
In the first half of 2025, TTI reported a robust financial performance with sales reaching US$7.8 billion, marking a 7.1% increase from the previous year, and a net profit rise of 14.2% to US$628 million. The company’s flagship brands, MILWAUKEE and RYOBI, contributed significantly to this growth.
Key financial highlights include a gross profit margin improvement to 40.3%, an EBIT increase of 13.3% to US$709 million, and a free cash flow of US$468 million. MILWAUKEE and RYOBI brands showed strong sales growth, with MILWAUKEE achieving 11.9% and RYOBI 8.7% in local currency. The company’s Floorcare and Cleaning segment saw a slight decline in revenue but managed a 3.6% increase in operating profit.
Looking forward, TTI’s management remains optimistic about navigating the current economic environment, aiming to strengthen its leadership position further. The company’s focus on innovation and talent development is expected to support its continued growth and market presence.