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Techtronic Industries (TTNDY)
:TTNDY
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.68Last Year’s EPS
1.5Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Mar 04, 2025
|% Change Since: -15.40%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strongly positive outlook with significant revenue and profit growth, major debt reduction, and strategic investments in innovation and market leadership, particularly in the Milwaukee brand. However, challenges remain in the Floorcare & Cleaning division and in managing inventory and tax rates.Company Guidance
In the TTI Group's 2024 Annual Result Announcement, the company reported impressive financial metrics, showcasing a robust performance. Revenue increased by 6.5% to $14.6 billion, with Milwaukee Power Tools achieving a sales growth of 11.6% in local currencies, while RYOBI Power Tools grew by 6.7%. The company's net profit rose by 14.9% to $1.12 billion, with a net profit margin of 7.7%. Gross profits reached $5.9 billion, reflecting an increase in gross margin to 40.3%. The company's free cash flow surged to $1.6 billion, a 23% increase over the previous year, representing a 142% conversion of net profits. TTI's earnings per share rose by 15.1% to $0.6143, and the board recommended a final dividend of HK$1.18 per share, marking a 20.4% increase. The Power Equipment division accounted for 94% of total revenue, growing 7.3% to $13.7 billion. Despite challenges in the Floorcare & Cleaning division, operating profits increased by 4.73%, with margins improving to 3.2%. The company maintained a strong balance sheet with shareholders' equity at $6.4 billion, and a significant reduction in net debt by over 95% to $45 million. TTI's global expansion and strategic investments have positioned it well for future growth, with plans for continued innovation and market leadership.Record Revenue and Profit Growth
Revenue increased by 6.5% to $14.6 billion with net profit up 14.9% to $1.12 billion. Gross profits also rose by $476 million to $5.9 billion.
Strong Free Cash Flow
Generated $1.6 billion in free cash flow, a 23% increase from 2023, with a conversion of 142% of net profits.
Milwaukee's Market Leadership
Milwaukee sales grew by 11.6% in local currencies, further extending its market leadership.
Dividend Increase
Final dividend recommended at HK$1.18 per share, a 20.4% increase from 2023, with total dividend for 2024 increasing by 17.1%.
Strategic Focus on Innovation
Continued significant investment in R&D, increasing by over 40 basis points to 4.4% of sales.
Geographic Growth
All regions delivered growth, with Europe up over 10% and the rest of the world, led by Australia, up 12.5% in local currencies.
Reduction in Net Debt
Total net debt reduced by over 95% to $45 million at year-end.
TTNDY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TTNDY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 04, 2025 | $70.27 | $70.27 | 0.00% |
Aug 06, 2024 | $59.00 | $59.13 | +0.22% |
Mar 06, 2024 | $54.22 | $58.34 | +7.60% |
Aug 09, 2023 | $58.55 | $54.57 | -6.80% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Techtronic Industries (TTNDY) report earnings?
Techtronic Industries (TTNDY) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Techtronic Industries (TTNDY) earnings time?
Techtronic Industries (TTNDY) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TTNDY EPS forecast?
TTNDY EPS forecast for the fiscal quarter 2025 (Q2) is 1.68.