Techtronic Industries anuncia unos resultados financieros excepcionales para 2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 05 2025
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Source: Businesswire
Record Financial Performance: Techtronic Industries Co. Ltd. reported record sales of $14.6 billion for 2024, reflecting a 6.8% growth in local currency, with significant contributions from its MILWAUKEE and RYOBI brands, which grew by 11.6% and 6.4%, respectively.
Strong Profitability and Future Outlook: The company achieved a net profit increase of 14.9% to $1.12 billion, improved gross margin to 40.3%, and plans to maintain a healthy balance sheet with low leverage while focusing on market leadership and innovation in the wireless technology sector.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
