Mar 07, 2019 / 02:30AM GMT
Horst Julius Pudwill - Techtronic Industries Company Limited - Founder & Executive Chairman
Ladies and gentlemen, good morning. Thank you for attending TTI's Group of Company Annual Results Announcement for the year 2018.
I'm happy to report that TTI delivered another year of record revenue, profit, gross margin, be it solid revenue grew in the Power Equipment. And of course, very good news. Our Floor Care has turned around, and we have improvement, substantial improvement in margin and in revenue. And I think our momentum will continue, and I don't want to go in details in gross margins, and improvements, and so on. That will be explained by Frank, our CFO, and Joe. And what Joe said this morning on TV, we are not there yet. The best is yet to come. And I will explain a little bit more once we have finished with our representation.
But thank you very much for coming, and you will enjoy the presentation. We have really exciting or good news. And Stephan did one thing right. We hired the best management there is on this planet, which TTI did. Not cheap, but I think, we have good
Full Year 2018 Techtronic Industries Co Ltd Earnings Call Transcript
Feb 15, 2024
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