Techtronic's Gross Margins Likely Bolstered This Year -- Market Talk

Dow Jones01-08

0444 GMT - Techtronic Industries' gross margins are likely to be bolstered by optimized product mix and pricing power this year, say its bulls at Nomura in a note. Analysts Frank Fan and Donnie Teng cite Techtronic discontinuing its lower-margin HART business with one retailer and likely moderate price increases in 1H. The cordless-tool maker is well-equipped to navigate foreign-exchange volatility through its hedging policies, they add. The analysts expect EPS growth to accelerate in 2H given low-base effects. They note potential further gains from Mexico approving up to 50% tariffs on selected products from certain countries, which would disadvantage a key competitor. Nomura reiterates its buy rating and HK$125.00 target price on Techtronic, which sheds 0.6% to HK$95.20. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

January 07, 2026 23:44 ET (04:44 GMT)

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