TTI DELIVERS STRONG 2022 FIRST HALF RESULTS
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Wednesday, August 10, 2022
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US cents)
Key Points:
- US cents)
*For the six-month period ended June 30, 2022
The Group is delighted that all of its geographic regions delivered solid sales growth in the first half. - TTI's Power Equipment business delivered a very strong first half, while Floorcare contracted due to slowing demand and customer destocking.
- Now the global leader in professional cordless, TTI's flagship MILWAUKEE business continued to flourish with 25.8% local currency sales growth in the first half.
- Mr. Horst Pudwill, Chairman of TTI, said, "Our world-class team is well prepared to manage the business through challenging macroeconomic environments and continue to deliver above market results.