Techtronic Industries Co. Ltd. (TTI) (HKG:0669) is a fast-growing world leader in power tools, accessories, hand tools, outdoor power equipment, and floor care for Do-It-Yourself (DIY), professional and industrial users in the home improvement, repair, maintenance, construction and infrastructure industries.
In this article, we will take a closer look at TTI’s business profile, management, and financials, to assess whether the company is suitable to invest in.
Global footprint
TTI has a global footprint. Its operations around the world include manufacturing factories, R&D facilities, as well as sales, marketing and administrative offices in North America, Middle East and Africa, Australia and New Zealand, Asia and South America.
(Source: company website)
Geographically, North America and Europe are the TTI’s largest customer locations, accounting for 91.76% and 92.22% of total revenue from external customers in 2018 and 2019 respectively.