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Techtronic Industries Company Limited (HK:0669)
:0669
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
2.76Last Year’s EPS
2.33Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 04, 2025
|% Change Since: -9.16%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with significant revenue and profit growth, especially in the Milwaukee Power Tools division. The company also achieved a significant reduction in net finance costs and increased dividends. However, challenges remain in the Floorcare & Cleaning division, and there are concerns about potential tariffs affecting future operations.Company Guidance
In the TTI Group's 2024 annual results announcement, the company reported an impressive fiscal year with revenue growing by 6.5% to $14.6 billion and net profit increasing by 14.9% to $1.12 billion. The group generated $1.6 billion in free cash flow, marking a 23% increase from the previous year, leading to a 142% conversion of net profits. Milwaukee Power Tools achieved 11.6% sales growth in local currencies, while RYOBI Power Tools saw a 6.7% increase. The company's gross profit rose by $476 million to $5.9 billion, with gross margins improving by 85 basis points to 40.3%. Earnings per share climbed by 15.1% to $0.6143, and the dividend payout ratio increased to 47.5%. TTI's strategy focused on innovation, market leadership, and global manufacturing footprint expansion, contributing to significant operational improvements, including a 32% reduction in net finance costs and a substantial decrease in net debt by over 95% to $45 million. The company anticipates continued growth and maintains a positive outlook for 2025, with plans to further invest in R&D and leverage its strong balance sheet for future opportunities.Strong Financial Performance
TTI Group reported revenue growth of 6.5%, net profit increase of 14.9%, and generated $1.6 billion in free cash flow for 2024. Gross profit increased by $476 million to $5.9 billion, with a margin increase of 85 basis points to 40.3%.
Milwaukee Power Tools Growth
Milwaukee Power Tools achieved a sales growth of 11.6% in local currencies and continued to extend its market leadership. The division's operating profits increased by 12.1%.
Reduction in Net Finance Costs
Net finance costs were reduced by 32%, saving over $25 million, due to disciplined working capital management and paying down high-cost debts.
Dividend Increase
The board recommended a final dividend of HK$1.18 per share, a 20.4% increase compared to the previous year. The total dividend for the year 2024 will be HK$2.26 per share, representing a payout ratio of 47.5%.
Geographic Expansion and Growth
All regions delivered outstanding growth, with North America growing by 5.5%, Europe by over 10%, and the rest of the world, led by Australia, by 12.5% in local currencies.
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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
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HK:0669 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 04, 2025 | HK$111.40 | HK$112.10 | +0.63% |
| Aug 06, 2024 | HK$92.78 | HK$90.61 | -2.35% |
| Mar 06, 2024 | HK$85.60 | HK$90.51 | +5.73% |
| Aug 09, 2023 | HK$92.41 | HK$92.21 | -0.21% |
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.
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FAQ
When does Techtronic Industries Company Limited (HK:0669) report earnings?
Techtronic Industries Company Limited (HK:0669) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Techtronic Industries Company Limited (HK:0669) earnings time?
Techtronic Industries Company Limited (HK:0669) 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 the P/E ratio of Techtronic Industries Company Limited 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 2025 (Q2) is 2.76.
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