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DISCLAIMER This document (“document”) has been prepared by Techtronic Industries Company Limited (the “Company” or “TTI”, and together with its subsidiaries, the “Group”) solely for use at the presentation held in connection with the announcement of the Company’s financial results (the “Presentation”). References to “document” in this disclaimer shall be construed to include any oral commentary, statements, questions, answers and responses at the Presentation. No representation or warranty expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. The information and opinions contained herein are subject to change without notice. The accuracy of the information and opinions contained in this document is not guaranteed. None of the Company nor any of its affiliates or any of their directors, officers, employees, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any information contained or presented in this document or otherwise arising in connection with this document. This document contains certain forward-looking statements or uses certain forward-looking terminologies which are based on the current expectations, estimates, projections, beliefs and assumptions of TTI about the businesses and the markets in which the Group operates and reflect TTI’s views as of the date of the Presentation. These forward-looking statements are not guarantees of future performance and are subject to market risk, uncertainties and factors beyond the control of TTI. Therefore, actual outcomes and returns may differ materially from the assumptions made and the statements contained in this document. TTI assumes no obligation to update or otherwise revise these forward-looking statements for new information, events or circumstances that occur subsequent to the date of the Presentation. The information contained in this document is for general informational purposes only and does not constitute an offer, solicitation, invitation or recommendation to subscribe for or purchase any securities, or other products or to provide any investment advice or service of any kind. This document is solely intended for distribution to and use by professional investors. This document is not directed at, and is not intended for distribution to or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject TTI to any registration requirement within such jurisdiction or country.
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2026 ANALYST PRESENTATION August 4th, 2026
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HORST PUDWILL EXECUTIVE CHAIRMAN
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FRANK CHAN CHIEF FINANCIAL OFFICER
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2025 2026 CHANGE SALES $7,833 $8,292 +5.9% GROSS PROFIT % 40.3% 42.9% +258 bps SGA % 31.3% 33.0% +173 bps EBIT $709 $822 +15.9% % OF SALES 9.1% 9.9% NET PROFIT $628 $738 +17.5% % OF SALES 8.0% 8.9% EPS (US CENTS) 34.37¢ 40.50¢ +17.8% DIVIDEND (HK CENTS) 125.00¢ 150.00¢ +20.0% +86bps EBIT MARGIN GROWTH 2026 FIRST HALF RESULTS Delivered strong first half results with record high EBIT Margin of 9.9% 47.8% PAYOUT RATIO
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2026 FIRST HALF SEGMENT RESULTS 2025 RESTATED 2026 CHANGE SEGMENT SALES EBIT SALES EBIT SALES EBIT MARGIN PROFESSIONAL $5,372 $534 $5,891 $619 +9.7% +16.0% +57bps % OF SALES 9.9% 10.5% CONSUMER $2,461 $176 $2,401 $204 -2.5% +15.8% +133bps % OF SALES 7.1% 8.5%
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2026 FIRST HALF INCOME STATEMENT 2025 2026 CHANGE SALES $7,833 $8,292 +5.9% GROSS PROFIT $3,156 $3,555 +12.6% % OF SALES 40.3% 42.9% +258 bps SELLING, DISTRIBUTION, & ADVERTISING $1,350 $1,583 +17.3% ADMINISTRATIVE EXPENSES $743 $773 +4.0% RESEARCH & DEVELOPMENT $359 $383 +6.7% TOTAL SG&A EXPENSES $2,452 $2,739 +11.7% % OF SALES 31.3% 33.0% +173 bps NET FINANCE COST $28 $20 -29.4% PROFIT BEFORE INCOME TAX $681 $803 +17.8% INCOME TAX EXPENSE $53 $65 +20.8% NET PROFIT $628 $738 +17.5% % OF SALES 8.0% 8.9% +88 bps
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2026 FIRST HALF FINANCIAL POSITION 2025 2026 CHANGE NON-CURRENT ASSETS $5,136 $4,803 -6.5% CURRENT ASSETS $8,758 $8,995 +2.7% CURRENT LIABILITIES $5,676 $5,120 -9.8% NET CURRENT ASSETS $3,082 $3,875 +25.8% LONG-TERM LIABILITIES $1,563 $1,231 -21.2% EQUITY $6,655 $7,447 +11.9%
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2026 H1 FINANCIAL FIGURES 2025 2026 CHANGE INVENTORY $4,293 $4,315 DAYS 103 100 - 3 DAYS RECEIVABLES $2,492 $2,369 DAYS 60 55 - 5 DAYS PAYABLES $4,248 $4,068 DAYS 102 94 - 8 DAYS NET WORKING CAPITAL $2,537 $2,616 % OF SALES 16.8% 16.6% CAPEX $96 $92 -4.2% % OF SALES 1.2% 1.1%
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H1 FREE CASH FLOW CONVERSION: 63% 92% 74% +$1,066m H1 2026 Net Cash $500M Internal Target: Deliver FY FCF +$1.3B USD 102% $301M $508M $468M $753M 2023 2024 2025 2026 Free Cash Flow equals net cash from operating activities, less purchase of property, plant and equipment, less additions to i ntangible assets, and adds proceeds from disposal of property, plant and equipment. Free Cash Flow Conversion equals Free Cash Flow divided by profit attributable to owners of th e company.
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2026 FIRST HALF DEBT PROFILE 2024 2025 CHANGE INVENTORY $4,076 $4,452 DAYS 102 106 +4 DAYS RECEIVABLES $1,884 $1,936 DAYS 47 46 -1 DAY PAYABLES $3,849 $4,019 DAYS 96 96 FLAT NET WORKING CAPITAL $2,111 $2,369 % OF SALES 14.4% 15.5% CAPEX $292 $289 -0.9% % OF SALES 2.0% 1.9% 2025 2026 CHANGE CASH BALANCE $1,608 $1,889 +17.5% DEBTS WITH FIXED MATURITIES $1,016 $773 -23.9% WORKING CAPITAL FINANCING $466 $50 -89.3% TOTAL DEBTS $1,482 $823 -44.5% TOTAL NET (DEBTS) / CASH $126 $1,066 +746.0% FLOATING RATE 39% $583 20% $165 -71.7% FIXED RATE 61% $899 80% $658 -26.8% LT DEBTS – DUE AFTER 1 YEAR 51% $752 54% $448 -40.4% ST DEBTS – DUE WITHIN 1 YEAR 49% $730 46% $375 -48.6%
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STEVE RICHMAN CHIEF EXECUTIVE OFFICER
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BOOKENDS OF SUCCESS ONE TEAM | GREAT LEADERS
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GROWTH PROFITABILITY EXECUTION 2026 H1 Record Results Strong Future EXPAND EMEA INVEST LATAM & ASIA DOMINATE N. AMERICA & ANZ LEVERAGE & ALIGNMENT EXPANDING HIGH GROWTH PROFESSIONAL END-MARKETS COST OUT TARGETED MARGIN EXPANSION THE CONSUMER WITH INNOVATION MANAGING COMMODITY PRESSURE GLOBAL OWNING
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FINANCIAL FOCUS AREAS SALES GROWTH # 1 EBIT ACCRETION # 2 FREE CASH FLOW # 3 INTERNAL TARGET: INTERNAL TARGET: DRIVING TO 10% OF SALES IN 2027 INTERNAL TARGET: DELIVER OVER US$1B +MSD TO +HSD GROWTH
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Milwaukee & Ryobi account for 93% of total sales 2026 FIRST HALF SALES BY BRAND 71% 22% $1.9B | +1.7% All Other $547M | -19.4% 7% $5.9B | +7.7% $8.3B +4.0% UNDERLYING GROWTH +10.5% CONSUMERPROFESSIONAL Growth in local currency
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OUR CORE TRADES MECHANICAL ELECTRICAL PLUMBING REMODELING UTILITY TRANSPORTATION MAINTENANCE GENERAL CONTRACTING LANDSCAPING & TREE CARE ENERGY MINING $160B+ GLOBAL OPPORTUNITY
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HIGH-GROWTH ENTRENCHMENT DEMAND BY END-MARKET 47% 32% 5% 8% 8% TECHNOLOGY, ENERGY & MANUFACTURING Other Non-Residential Construction Home Remodeling New Home Construction SERVICE & MAINTENANCE SERVICE & MAINTENANCE TECH, ENERGY & MFG OTHER END-MARKET GROWTH
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THE BRAND DISTRIBUTION COUNTS ON DELIVERING SALES AND PROFITABILITY STRONG SUPPORT FOR OUR CORE TRADES
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LIGHT DIY CLEANINGLIFESTYLE & RECREATION TRANSPORTATION MAINTENANCEHEAVY DIY LAWN & GARDEN DO IT YOURSELF USER STRATEGY $80B+ GLOBAL OPPORTUNITY
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GROWTH STRATEGY
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TY STAVISKI GROUP DEPUTY CFO
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SALES GROWTH BY BRAND MILWAUKEE & RYOBI growth of 8.2% offset by noncore sales rationalization and HART exit +5.9% Underlying sales growth In Local Currency Contribution by Brand Underlying EXITED FC & Other +10.5% +1.7% -11.5% +8.2% -2.3 pts
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STRONG SALES MOMENTUM On Track to internal target of Low Double Digit Growth $8.9B $9.9B $10.7B 2023 2024 2025 2026 2027 2028 2029 +11% +12% +10% FY SALES Low Double Digit Growth + ANNUAL SALES GROWTH INTERNAL TARGET $1B 2023 – 2025 Growth in Local Currency, 2025 presented on an underlying basis in Local Currency
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GROSS MARGIN WALK Gross Margin up +163bps after adjusting for Hart exit and excess tariffs in 2025 Growth of higher margin business EMEA and APAC 41.2% 40.3% EMEA and APAC EMEA and APAC 42.9% 40.3% 41.2% 2025 2026 Reported 2025 Adjusted 2025 One-Time Excess T ariffs +70bps -22bps +82bps +37bps Annualization of Tariff Mitigation Efforts Mix + Productivity+25bps +95bps +163bps Commodity Increases +7bps EMEA & ROW 42.9% All Other +59bps
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EBIT MARGIN WALK Well positioned to meet or exceed our internal 10.0% Target by 2027 9.3% 2026 9.1% 9.9% +55bps +63bps +86bps CommoditiesEMEA & ROW Net Annualization of T ariff Mitigation Efforts & Investments 2025 -22bps H1 EBIT Margin Walk +10.0% Internal Target: EBIT Margin By 2027 All Other -29bps+19bps Mix + Productivity
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We anticipate the ability to further increase returns to shareholders in the years to come DELIVERING VALUE FOR INVESTORS Up to $500m Share Buy Back Program Commenced June 1st, 2026 H1 Dividend $1.50 HKD +20.0% vs. H1 2025 Strong Free Cash Flow On track to deliver another year of strong FCF $1,281M $1,591M $1,395M 2023 2024 2025 2026 $1.3B+ Internal Target
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THANK YOU