Although the economic environment remains challenging, we enter the second half with strong momentum across our businesses and are firmly positioned to build on the positive first half results. We are excited about the comprehensive range of new cordless lithium ion products and innovative accessories that will be launched. Product innovation, improved technology and more efficient operations are driving TTI’s expansion into both core and underrepresented markets. TTI has demonstrated that its strength in powerful brands and innovative products consistently deliver organic growth even in the midst of global uncertainty.

TTI’s position is exceptional in its core markets with steady gains being made in other targeted geographic regions. R&D, cost improvement and supply chain efficiency programs are delivering results that will benefit the Group going forward. This ongoing progress is guided by our experienced and focused management team.