Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

TTI Reports Record Half-Year Sales and Profits
Aug 21, 2012
 Printable format
 Email this Article
 Search

Floor care appliances and power tools producer Techtronic Industries Co. Ltd. (TTI) had record sales of US$1,855 million for the six-month period ending June 30, 2012, up 4.0% over the first half of 2011.

TTI also reported record net profit of $96 million, up 20.1% from the first half of 2011. Total organic group sales were up 5.2% before foreign currency impact.

TTI saw strong growth in its Power Equipment business, with $1.4 billion in sales for 1H 2012, up 10.1% over 1H 2011. TTI cited double-digit gains across all markets in tools, including Milwaukee brand industrial Fuel and RedLithium cordless tools. Growth was recorded in consumer tools driven by the Ryobi 18-volt One+ System and new Ryobi cordless outdoor products.

TTI's floor care products include Hoover, Dirt Devil, and Vax brands.

Back to Daily News

 

Daily News

...........................................................

Nov 25, 2014: Robotics Exhibits Grow 25% at 2015 CES

Nov 25, 2014: Index shows HVAC/R contractors more positive than last year

Nov 25, 2014: Consumer Confidence Index Declines

Nov 25, 2014: Existing home sales up in October

Nov 25, 2014: CEA: confidence in technology spending up in November

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows