PR94395

HONG KONG, Feb. 4, 2022 /PRNewswire=KYODO JBN/ --

Hong Kong-based global power equipment and floorcare & cleaning company

Techtronic Industries Co. Ltd. ("TTI" or the "Group") (stock code: 669, ADR

symbol: TTNDY);

We are pleased to announce that we are increasingly excited about our momentum

for 2022.

Given the market's recent focus on inflation and the potential for interest

rate hikes and supply chain bottlenecks, we are delighted to report that we

remain on track with our internal performance targets for the first half of

2022.

Based on our exciting innovative new product rollouts across all business

units, aggressive investment in sales and marketing and our disciplined supply

chain management and productivity initiatives, we are confident we will be able

to deliver another year of strong performance.

We look forward to sharing our 2021 full year results and our 2022 outlook on

March 2, 2022.

About TTI

Founded in 1985 and listed on the Stock Exchange of Hong Kong Limited in 1990,

TTI is a world leader in cordless technology spanning Power Tools, Outdoor

Power Equipment, Floorcare and Cleaning Products for the consumer,

professional, and industrial users in the home, construction, maintenance,

industrial and infrastructure industries. The Company has a foundation built on

four strategic drivers – Powerful Brands, Innovative Products, Exceptional

People and Operational Excellence - reflecting a long-term expansive vision to

advance cordless technology. The global growth strategy of the relentless

pursuit of product innovation has brought TTI to the forefront of its

industries. TTI's powerful brand portfolio includes MILWAUKEE, AEG and RYOBI

power tools, accessories and hand tools, RYOBI and HOMELITE outdoor products,

EMPIRE layout and measuring products, and HOOVER, ORECK, VAX and DIRT DEVIL

floorcare cleaning products and solutions.

TTI is one of the constituent stocks of the Hang Seng Index, FTSE RAFI™

All-World 3000 Index, FTSE4Good Developed Index and MSCI ACWI Index. For more

information, please visit www.ttigroup.com.

All trademarks listed other than AEG and RYOBI are owned by the Group. AEG is a

registered trademark of AB Electrolux (publ.), and is used under license. RYOBI

is a registered trademark of Ryobi Limited, and is used under license.

For enquiries:

Techtronic Industries Co. Ltd.     Strategic Financial Relations Limited

Investor Relations                 Veron Ng    +(852)-2864-4831

Jacky Wong                         Rachel Ko   +(852)-2114-2370

Tel:+(852)-2402-6868               Aggie Fang  +(852)-2114-4987

Email:jacky.wong@tti.com.hk        Email:sprg_tti@sprg.com.hk

                                   Website:www.sprg.com.hk

Corporate Communications

Isabella Chan

Tel:+(852)-2402-6495

Email: isabella.chan@tti.com.hk

Website: www.ttigroup.com  

SOURCE-Techtronic Industries Co. Ltd.