Core Viewpoint - Techtronic Industries (00669) is voluntarily terminating its HART business by the end of 2025 to focus on profitability growth, while retaining the HART brand in its product portfolio [1] Group 1: Business Strategy - The company aims to achieve an operating profit margin of over 10% in the medium term by discontinuing the HART business, which is currently estimated to contribute a low single-digit percentage to total sales this year [1] - The strong demand trends for Milwaukee and Ryobi brands across all core verticals in November are expected to support the company's growth momentum into 2026 [1] Group 2: Market Performance - As of the report, Techtronic Industries' stock rose by 2.88% to HKD 94.7, with a trading volume of HKD 178 million [1]

Core Viewpoint - Techtronic Industries (00669) is set to voluntarily terminate its HART business by the end of 2025, while retaining the HART brand in its product portfolio, aiming to enhance profitability and operational efficiency [1] Group 1: Business Strategy - The company emphasizes its commitment to continuous profit growth, which is reflected in the decision to exit the HART business [1] - The termination of the HART business is expected to help the company achieve a mid-term operating profit margin target of over 10% [1] Group 2: Sales Performance - Sales demand for Milwaukee and Ryobi brands in all core verticals remained strong throughout November, providing a solid foundation for the company's success in 2026 [1] - Citigroup estimates that the HART business accounts for a low single-digit percentage of the company's total sales this year, indicating its relatively minor impact on overall performance [1]

Group 1 - The company will voluntarily terminate the HART business by the end of 2025 while retaining the HART brand in its product portfolio [1] - Strong demand trends for Milwaukee and Ryobi brands in all core verticals during November support the company's potential for continued success in 2026 [1] - The CEO expressed pride in the ongoing growth of Milwaukee and Ryobi brands, emphasizing that the termination of the HART business enhances the company's ability to achieve mid-term internal profit targets and maintain additional growth potential in the coming years [1]

Core Viewpoint - The company will voluntarily terminate the HART business by the end of 2025 while retaining the HART brand in its product portfolio, aiming to enhance profitability and growth potential [1] Group 1: Business Strategy - The termination of the HART business is intended to strengthen the company's ability to achieve mid-term internal profit targets and maintain additional growth potential in the coming years [1] - The company continues to see strong demand trends for its Milwaukee and Ryobi brands across all core verticals, which supports its ongoing success into 2026 [1] Group 2: Market Conditions - The company remains resilient despite rising tariffs and widespread macroeconomic uncertainties, indicating a robust business performance [1] - The CEO expressed pride in the continued growth of the Milwaukee and Ryobi brands, highlighting their importance to the company's overall strategy [1]