Record Revenue and Growth
TTI reported a record first half of 2025 with revenue increasing by 7.1% to USD 7.83 billion, driven by significant growth in its MILWAUKEE and RYOBI business segments.
MILWAUKEE Sales Surge
The MILWAUKEE business extended its leadership position with an 11.9% sales growth globally, contributing significantly to the company's overall revenue.
Improved Margins
Gross profit increased by 8% to USD 3.16 billion with margins improving by 34 basis points to 40.3%. EBIT increased by 13.3% to USD 709 million, with margins increasing by 49 basis points to 9.1%.
Strong Free Cash Flow
TTI generated USD 468 million in free cash flow in the first half of 2025 and expects to maintain positive cash flow despite potential tariff impacts.
Dividend Increase
The Board declared an interim dividend of HKD 1.25 per share, an increase of 15.7% over last year, representing a payout ratio of 46.9%.