Techtronic Industries (HK:0669)
:0669
Earnings Data
Report Date
Aug 12, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
3Last Year’s EPS
2.7Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a strongly positive operational and financial performance: solid revenue and profit growth, margin expansion, robust free cash flow generation, a net cash position, and clear strategic focus on MILWAUKEE and RYOBI expansion and innovation. Key challenges highlighted were tariff-related disruption (including a deliberate H2 sales suspension), the planned exit and one-time costs related to the HART business and floorcare rationalization, higher SG&A from restructuring actions, and some working capital/inventory build. Management presented concrete targets (10%+ EBIT by 2027, double-digit MILWAUKEE growth, and >USD 1B free cash flow) and actions (capex discipline, buyback program, dividends, geographic expansion, AI/digital investments) to sustain momentum. On balance, the positive financial outcomes, cash generation, and strategic clarity outweigh the headwinds and one-time costs discussed.Company Guidance
Revenue and Profit Growth
Full-year revenue rose 4.4% to USD 15.3 billion; gross profit increased 6.7% to USD 6.3 billion. Reported net profit grew 6.8% to about USD 1.2 billion with EPS up 6.8% to USD 0.656 per share.
Margin Expansion and EBIT Recovery
Gross margin expanded 91 basis points to 41.2%. Reported EBIT rose 5.2% to USD 1.3 billion with reported EBIT margin of 8.8%; normalized EBIT margin (adjusting for HART exit costs) was 9.3%, a 57 basis point improvement versus prior year.
Strong Free Cash Flow and Net Cash Position
TTI delivered close to USD 1.4 billion of free cash flow in 2025 (third consecutive year > USD 1 billion). Ended 2025 in a net cash position of USD 700 million after raising cash to ~USD 1.7 billion.
Brand Performance — MILWAUKEE and RYOBI
MILWAUKEE underlying demand strong: reported growth ~7.9% and underlying growth ~10.3% after adjusting for non-recurring items; RYOBI grew 5.4% in local currency. Together the two brands represent ~91% of sales and drove overall growth.
Capital Allocation & Shareholder Returns
Board proposed final dividend +11.9% to HKD 1.32 (total dividend for 2025 HKD 2.57, +13.7% YoY, payout ratio 50.5%). Announced intention for discretionary share buyback program of up to USD 500 million over 18 months.
Balance Sheet and Debt Management
Total gross debt reduced by USD 300 million (23.5%) during 2025; fixed-rate lower-cost debt comprises ~80% of debt. Net finance costs fell 37.6% to USD 33.6 million due to strong cash flows and favorable financing.
Operational Investments and CapEx Discipline
CapEx was USD 289 million (roughly 2% of sales), focused on new products, automation, quality and productivity; guidance for similar CapEx level (~2% of sales) for 2026.
Product & Market Strategy
Clear strategic emphasis on TAM expansion and high-growth trade verticals (MILWAUKEE TAM ~USD 160B, RYOBI TAM ~USD 80B), continued investment in disruptive innovation, AI, digital (ONE-KEY), and deeper geographic expansion (Asia, Latin America, EMEA).
HK:0669 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
HK:0669 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 03, 2026 | HK$125.50 | HK$123.50 | -1.59% |
Aug 05, 2025 | HK$93.66 | HK$93.31 | -0.37% |
Mar 04, 2025 | HK$108.62 | HK$109.30 | +0.63% |
Aug 06, 2024 | HK$90.47 | HK$88.34 | -2.35% |
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 (HK:0669) report earnings?
Techtronic Industries (HK:0669) is schdueled to report earning on Aug 12, 2026, TBA (Confirmed).
What is Techtronic Industries (HK:0669) earnings time?
Techtronic Industries (HK:0669) earnings time is at Aug 12, 2026, TBA (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 the P/E ratio of Techtronic Industries stock?
The P/E ratio of Techtronic Industries is N/A.
What is HK:0669 EPS forecast?
HK:0669 EPS forecast for the fiscal quarter 2026 (Q2) is 3.