Please login or register to join our webinar.

E-mail address:
Password:
Forgot your password?
Log in
REGISTRATION
Home > Supplier Companies > TTI Canada Inc. > News > Given the Global...
TTI Canada Inc.

Given the Global Coronavirus Situation, We are Providing an Update on TTI's Performance

Apr 29, 2020
(Hong Kong, 29 April, 2020) - Hong Kong-based global power equipment and floor care company Techtronic Industries Co. Ltd. (“TTI” or the “Group”) (stock code: 669, ADR symbol: TTNDY);
 
Given the global coronavirus situation, we are providing an update on TTI’s performance.
 
When we initially learned about the coronavirus outbreak, our first priority was to ensure we created a safe environment for our employees. We have carefully complied with all coronavirus national and local safety protocols.
 
We are pleased to confirm that after a period of minimal disruption, our supply chain is functioning superbly. Our vaunted product development system is now fully operational after quickly adjusting to new coronavirus protocols. Additionally, our sales and marketing teams are also operational and highly effective in all markets globally.
 
Although the impact of the coronavirus has created a challenging environment, we are now delighted to see a resurgence in demand. DIY tools and outdoor products, and floorcare are all experiencing significant sales increases. Encouragingly, our MILWAUKEE pro-business is continuing to gain sales traction worldwide. A highlight for TTI has been the tremendous growth of our global e-commerce business. We have worked closely with our e-commerce customers, capitalizing on the accelerated shift to online and curbside pickup sales. All these positive factors bode well for our performance.
 
We will continue to aggressively invest in exciting, breakthrough new product. Our new product launches are proceeding on schedule, including the revolutionary MILWAUKEE MX FUEL Cordless Equipment System. All of our business units are also on schedule to roll out a series of exciting new breakthrough products throughout 2020.
 
We believe TTI is uniquely positioned in our industry to continue outperforming the market. We are in an enviable position of having a very strong balance sheet and having highly disciplined fixed and working capital management. Our exceptional management team is leading our company not only to succeed throughout this trying time, but also to continue our march towards global leadership and financial excellence. 
 
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, Floor Care Appliances and Accessories 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 Floor Care and Appliances.
 
TTI is one of the constituent stocks of the Hang Seng Index, FTSE Developed Index and MSCI ACWI Index. 
 
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.
 

Source: https://doc.irasia.com/listco/hk/techtronic/press/p200429.pdf

Latest news
TTI DELIVERS EXCEPTIONAL 2020 RESULTS
TTI DELIVERS EXCEPTIONAL FIRST HALF RESULTS
Given the Global Coronavirus Situation, We are Providing an Update on TTI's Performance
TTI Delivers a Decade of Record Results
TTI Delivers a Strong First Half Performance with Record Revenue
Magazine
July 8, 2020
Annual Results Presentation 2019
Inside this issue
Digital edition
Career Opportunities
Bilingual Customer Service Representative

You will be addressing live problems submitted by our customers via phone, email, and chats, in both English and French. 
Market Manager

À titre de chef de marché, Solutions de chantier, pour la région de Montréal-Nord/Abitibi, vous aurez la responsabilité d’établir des partenariats clés en générant des conversions, en promouvant les essais et en renforçant la notoriété de la marque sur les chantiers, activités qui auront des incidences directes sur notre part de marché dans la région sous votre responsabilité. 
Assistant Brand Manager - Merchandising

The Assistant Brand Manager - Merchandising is responsible for working hand-in-hand with Brand Managers and Account Managers to execute brand activities and merchandising initiatives for the Industrial Channel (IC) and the Home Depot to create awareness and generate demand for the Milwaukee brand while delivering profitable growth.
Brand Marketing Representative

In this role, you will be responsible for driving sales of our premier product lines through in-aisle interaction, product demonstration, events, and merchandising with the Home Depot - Canada's largest home improvement retailer.
Brand Marketing Representative
In this role, you will be responsible for driving sales of our premier product lines through in-aisle interaction, product demonstration, events, and merchandising within the Home Depot. Canada’s largest home improvement retailer.
Shipper and Receiver

The successful candidate will assist the Assistant Warehouse Supervisor with all aspects of the returns process, including verification of returns versus the RGA, crediting the customer, and shipping the consolidated returns to the US.
Brand Marketing Representative

In this role, you will be responsible for driving sales of our premier product lines through in-aisle interaction, product demonstration, events, and merchandising within the Home Depot. Canada’s largest home improvement retailer.
Marketing Coordinator

Working alongside our Brand team, you will help to develop service content that we can use in our digital marketing strategy, which will be an important new direction for this role. 
Service Technician

Working inside a Factory Owned Service Center, this position is responsible for repairing different types of portable power tools within the Milwaukee brand. 
Brand Marketing Representative

 In this role, you will be responsible for driving sales of our premier product lines through in-aisle interaction, product demonstration, events, and merchandising within the Home Depot. Canada’s largest home improvement retailer.
More Careers