TECHTRONIC IND (00669) announced its interim results, with a profit attributable to shareholders of $738 million, an increase of 17.52% year-on-year.

TECHTRONIC IND (00669) announced its performance for the six-month period ending June 30, 2026. The group achieved a revenue of $8.292 billion, an increase of 5.85% year-on-year; the profit attributable to the company's shareholders for the period was $738 million, a year-on-year increase of 17.52%; basic earnings per share were 40.5 cents; and an interim dividend of 150.00 Hong Kong cents per share (approximately 19.31 U.S. cents) is proposed. The announcement stated that for the six months ending June 30, 2026, TECHTRONIC IND achieved record sales of $8.3 billion, representing a 5.9% increase on a reported basis, with a favorable exchange rate contributing 1.9 percentage points to the growth. In the Americas (including the United States, Canada, Mexico, Central America, and South America), sales increased by 4.3% in local currency terms and by 6.8% on a constant currency basis. In local currency, Europe, the Middle East, and Africa grew by 2.8%, with MILWAUKEE showing outstanding performance, where its double-digit growth offset the impact of a relatively weak outdoor consumer season and the rationalization of non-core business sales. Other regions, including Australia, New Zealand, and Asia, achieved a 3.7% increase.