TTI to Discontinue HART Business by End of 2025

Reuters12-11
TTI to Discontinue HART Business by End of 2025

Techtronic Industries Company Limited $(TTI)$ has announced a business update, stating that it will voluntarily discontinue the HART business by the end of 2025, though the HART brand will remain part of its portfolio. The company reported that point of sales (POS) demand trends remained strong across all core verticals through November for both the Milwaukee and Ryobi brands. TTI indicated that this positions the company for continued success in 2026, demonstrating resilience and underlying strength in its business operations. The company emphasized its focus on achieving medium-term internal profitability objectives, with potential for additional upside in the following years.

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