Techtronic Industries Co Ltd (OTCPK:TTNDY)
$ 72.95 1.47 (2.06%) Market Cap: 26.84 Bil Enterprise Value: 28.15 Bil PE Ratio: 27.44 PB Ratio: 4.67 GF Score: 95/100

Half Year 2019 Techtronic Industries Co Ltd Earnings Call Transcript

Aug 15, 2019 / NTS GMT
Release Date Price: $33.97 (-2.39%)
Horst Julius Pudwill
Techtronic Industries Company Limited - Founder & Executive Chairman

Good morning, ladies and gentlemen. I would like to thank all of you to attend our first half TTI Group announcement. And really very happy and delighted to see all of you. And it's always easier to invite people if the results are good.

The group had another strong first half, delivering record revenue, profit and gross margin. Actually, our gross margin has increased for the 11th consecutive first half period, and our new product development machine is as strong as ever. And Joe will go in a little while to present to you our short-term and long-term strategy, how we further can surprise you with good news in the future.

Can I pass, Joe -- I would like to pass the floor over now to our Group CEO, Mr. Joe Galli; and our Group Financial Officer, CFO, Mr. Frank Chan, who will share with you the results, and we will go into some more details a little bit later.

Joseph Galli
Techtronic Industries Company Limited - CEO & Executive Director

Thanks, Mr.

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