TECHTRONIC INDUSTRIES DELIVERS SOLID 2023 ANNUAL RESULTS
TECHTRONIC INDUS LTD ADR (TTNDY)
NASDAQ:AMEX Investor Relations:
ttigroup.com/en/investor_relations
Company Research
Source: PR Newswire
GROSS MARGIN EXPANDED TO 39.5%, FREE CASH FLOW INCREASED TO US$1.3 BILLION HONG KONG, March 6, 2024 /PRNewswire/ -- Global leader in cordless Professional Tools, DIY Tools, and Outdoor Power Equipment, Techtronic Industries Co. Ltd. ("TTI" or the "Group") (stock code: 669, OTCQX: TTNDY, TTNDF) is pleased to announce the audited consolidated results of the Company and its subsidiaries for the year ended December 31, 2023. TTI delivered US$13.7 billion of sales in 2023, up 3.6% in reported growth and 3.9% in local currency. Both the MILWAUKEE and our Consumer group of businesses gained momentum in the second half of 2023.TTI delivered record free cash flow of US$1.3 billion while outperforming the market in sales growth and profit generationOur Flagship MILWAUKEE business grew sales 10.7% in local currencyWe improved Gross Margin for the 15th consecutive year to 39.5%, a 14 bps increase, while cutting inventory US$987 million versus last yeaFinancial Performance Highlights for 20232023
Show less
Read more
Impact Snapshot
Event Time:
TTNDY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TTNDY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TTNDY alerts
High impacting TECHTRONIC INDUS LTD ADR news events
Weekly update
A roundup of the hottest topics
TTNDY
News
- Global Fogging Machines Market to Reach USD 13.13 Billion by 2029 with Innovative Electrostatic Technology Leading Growth [Yahoo! Finance]Yahoo! Finance
- Fogging Machines Market Grows in Response to Escalating Demand for Effective Disinfection, the Market to Hit $13.13 Billion by 2029 - Arizton [Yahoo! Finance]Yahoo! Finance
- Carpet Cleaner Market Size is projected to reach USD 1,173.93 million by 2031, growing at a CAGR of 6.08%: Straits Research [Yahoo! Finance]Yahoo! Finance
- Techtronic Industries Co. (TTNDY) Upgraded to Buy: What Does It Mean for the Stock? [Yahoo! Finance]Yahoo! Finance
- TECHTRONIC INDUSTRIES DELIVERS SOLID 2023 ANNUAL RESULTSPR Newswire