Techtronic Industries Company Limited (TTNDY) Q2 2025 Earnings Call Transcript

2025-08-06 05:23:31 ET

Techtronic Industries Company Limited (TTNDY)

Q2 2025 Earnings Conference Call

August 05, 2025, 10:30 PM ET

Company Participants

Chi Chung Chan - Group CFO & Group Executive Director

Drew Patrick - Corporate Participant

Horst Julius Pudwill - Founder & Group Executive Chairman

Stephan Horst Pudwill - Group Executive Vice Chairman

Steven Philip Richman - CEO & Executive Director

Tim Albrecht - Corporate Participant

Conference Call Participants

C. Fang - HSBC Global Investment Research

Hyungwook Choi - Daiwa Securities Co. Ltd., Research Division

Jacqueline Du - Goldman Sachs Group, Inc., Research Division

Tak Hung Lau - Citigroup Inc., Research Division

Terence Chang - Macquarie Research

Xiao Feng - CLSA Limited, Research Division

Presentation

Horst Julius Pudwill

Good morning, everybody. I'm happy to see the attendance to welcome you to our TTI first half 2025 result announcement. It was really a fantastic record first half ever. So was a record rainstorm from ever yesterday. So we established 2 records. And I think our record will please you more than the rainstorm.

I would like to introduce you our group CEO, Mr. Steve Richman, which you have met before. And our presenter for today's individual companies, which we have MILWAUKEE, our Group President, Mr. Tim Albrecht. Tim, you're there, right? Thank you. And our Divisional President, Drew Patrick, of our RYOBI auto power equipment.

As I said, we had a solid first half of 2025, the sales outperformed the market and was really a record first half, and we delivered double-digit growth in profit and free cash flow. Frank Chan will elaborate a little bit later and detail what our positions are. And I think if you didn't read the release, it will be a very pleasant surprise to you. And what I can do, I can congratulate you to holding TTI shares. Thank you very much. And Stephan, would you say some words, our Vice Chairman?...

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