Techtronic Industries Co Ltd - Company Profile
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Techtronic Industries Co Ltd (TTI) designs, manufactures and markets power tools, hand tools, accessories, outdoor power equipment, and floor care and cleaning appliances. The company offers a product that includes a hammer drill/driver, bandfile, high-speed ratchet, orbital polisher, pipe threading machine nibbler, BOLT accessories and battery pack. It is uniquely positioned in the market for its cordless professional, DIY and outdoor products. TTI’s customers include consumers, and professional and industrial users in the home improvement, repair and construction industries. It offers products through a network of dealers, distributors and stores. The company has operations in Asia, Europe, North America, Latin America, Africa and the Middle East. TTI is headquartered in Hong Kong.
Headquarters
Hong Kong
Address
29/F, Tower2, Kowloon Commerce, Centre, 51, Kwai Cheong Road, Kwai Chung, New Territories, Hong Kong
Website
www.ttigroup.com
Telephone
852 24026888
No of Employees
47,224
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
669 (HKG)
Revenue (2022)
$13.7B
3.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-9.4%
(2022 vs 2021)
Market Cap*
$24.1B
Net Profit Margin (2022)
XYZ
-12.6%
(2022 vs 2021)
* As of and is in US$
Techtronic Industries Co Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Power Tools and Accessories: | Milwaukee |
| Band Saws | AEG |
| Biscuit Joiners | Ryobi |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | New Products/Services | In December, the company's brand Milwaukee announced the introduction of the WORKSKIN Warm Weather Hardhat Liner. |
| 2022 | New Products/Services | In October, the company's brand Milwaukee Tool launched M12 FUEL. |
| 2022 | New Products/Services | In October, the company's brand Milwaukee introduced the M18 FUEL HATCHET 8” Pruning Saw. |
Competitor Comparison
| Key Parameters | Techtronic Industries Co Ltd | Trane Technologies Plc | Stanley Black & Decker Inc | Makita Corp | Snap-on Inc |
|---|---|---|---|---|---|
| Headquarters | Hong Kong | Ireland | United States of America | Japan | United States of America |
| City | Hong Kong | Swords | New Britain | Anjo-Shi | Kenosha |
| State/Province | - | - | Connecticut | Aichi | Wisconsin |
| No. of Employees | 47,224 | 40,000 | 50,500 | 18,804 | 13,200 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Horst Julius Pudwill | Chairman | Executive Board | 2008 | 78 |
| Joseph Galli Jr. | Chief Executive Officer | Executive Board | 2008 | 64 |
| Frank Chi Chung Chan | Chief Financial Officer | Executive Board | - | 69 |
| Stephan Horst Pudwill | Vice Chairman | Executive Board | 2016 | 46 |
| Patrick Kin Wah Chan | Director - Operations | Executive Board | 1990 | 63 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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