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Tennant Co (TNC) - Financial and Strategic SWOT Analysis Review

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    SWOT Analysis

  • 52 Pages
  • June 2024
  • GlobalData
  • ID: 4803990
Tennant Co (TNC) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by the analyst to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

The profile contains critical company information including:

  • Business description - A detailed description of the company’s operations and business divisions.
  • Corporate strategy - Analyst’s summarization of the company’s business strategy.
  • SWOT Analysis - A detailed analysis of the company’s strengths, weakness, opportunities and threats.
  • Company history - Progression of key events associated with the company.
  • Major products and services - A list of major products, services and brands of the company.
  • Key competitors - A list of key competitors to the company.
  • Key employees - A list of the key executives of the company.
  • Executive biographies - A brief summary of the executives’ employment history.
  • Key operational heads - A list of personnel heading key departments/functions.
  • Important locations and subsidiaries - A list and contact details of key locations and subsidiaries of the company.
  • Detailed financial ratios for the past five years - The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
  • Interim ratios for the last five interim periods - The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.

Highlights

Tennant Co (Tennant) is a designer, manufacturer, and distributor of cleaning products. The company's primary activities include the production of floor maintenance and outdoor cleaning equipment; aftermarket parts and consumables, as well as the development of detergent-free and other sustainable cleaning technologies and asset management solutions. Tennant's products are widely used to clean and coat floors in factories, office buildings, parking lots and streets, airports, hospitals, schools, warehouses and shopping centers. The company’s major customers include building service contract cleaners, end-user businesses, state and federal governments, which handle facilities maintenance themselves. Tennant operates manufacturing facilities in the US, Brazil, the Netherlands and China. The company has sales offices, warehouse and storage facilities across North America, Europe, Asia-Pacific and Latin America. Tennant is headquartered in Minneapolis, Minnesota, the US.

Tennant Co Key Recent Developments

  • May 15, 2024: Tennant Appoints New Board Member
  • May 03, 2024: Tennant Company Reports First Quarter 2024 Results
  • Feb 22, 2024: Tennant Company Reports Record 2023 Fourth-Quarter and Full-Year Results
  • Nov 16, 2023: Tennant Company Appoints Brock Christianson as Senior Vice President, Chief Human Resources Officer

Key benefits of buying this profile include:

You get detailed information about the company and its operations to identify potential customers and suppliers.
  • The profile analyzes the company’s business structure, operations, major products and services, prospects, locations and subsidiaries, key executives and their biographies and key competitors.
Understand and respond to your competitors’ business structure and strategies, and capitalize on their weaknesses. Stay up to date on the major developments affecting the company.
  • The company’s core strengths and weaknesses and areas of development or decline are analyzed and presented in the profile objectively. Recent developments in the company covered in the profile help you track important events.
Equip yourself with information that enables you to sharpen your strategies and transform your operations profitably.
  • Opportunities that the company can explore and exploit are sized up and its growth potential assessed in the profile. Competitive and/or technological threats are highlighted.
Scout for potential investments and acquisition targets, with detailed insight into the companies’ strategic, financial and operational performance.
  • Financial ratio presented for major public companies in the profile include the revenue trends, profitability, growth, margins and returns, liquidity and leverage, financial position and efficiency ratios.
Gain key insights into the company for academic or business research.
  • Key elements such as SWOT analysis, corporate strategy and financial ratios and charts are incorporated in the profile to assist your academic or business research needs.

Note: Some sections may be missing if data is unavailable for the company

Table of Contents

Section 1 - About the Company
  • Tennant Co - Key Facts
  • Tennant Co - Key Employees
  • Tennant Co - Key Employee Biographies
  • Tennant Co - Major Products and Services
  • Tennant Co - History
  • Tennant Co - Company Statement
  • Tennant Co - Locations And Subsidiaries
  • Head Office
  • Other Locations & Subsidiaries
Section 2 - Company Analysis
  • Company Overview
  • Tennant Co - Business Description
  • Product Category: Equipment
  • Performance
  • Product Category: Parts and Consumables
  • Performance
  • Product Category: Service and Other
  • Performance
  • Geographical Segment: Americas
  • Performance
  • Geographical Segment: Asia Pacific (APAC)
  • Performance
  • Geographical Segment: Europe, Middle East and Africa (EMEA)
  • Performance
  • R&D Overview
  • Tennant Co - Corporate Strategy
  • Tennant Co - SWOT Analysis
  • SWOT Analysis - Overview
  • Tennant Co - Strengths
  • Tennant Co - Weaknesses
  • Tennant Co - Opportunities
  • Tennant Co - Threats
  • Tennant Co - Key Competitors
Section 3 - Company Financial Ratios
  • Financial Ratios - Capital Market Ratios
  • Financial Ratios - Annual Ratios
  • Performance Chart
  • Financial Performance
  • Financial Ratios - Interim Ratios
  • Financial Ratios - Ratio Charts
Section 4 - Company’s Recent Developments
  • May 15, 2024: Tennant Appoints New Board Member
  • May 03, 2024: Tennant Company Reports First Quarter 2024 Results
  • Feb 22, 2024: Tennant Company Reports Record 2023 Fourth-Quarter and Full-Year Results
  • Nov 16, 2023: Tennant Company Appoints Brock Christianson as Senior Vice President, Chief Human Resources Officer
  • Oct 31, 2023: Tennant Company Reports Third Quarter 2023 Results
  • Aug 18, 2023: Tennant Company Publishes 2023 (FY22) Sustainability Report
  • Apr 28, 2023: Tennant Company Reports 2023 First Quarter Results
  • Apr 18, 2023: Tennant announces Net-Zero greenhouse gas emissions goals
Section 5 - Appendix
  • Methodology
  • Ratio Definitions
  • About the Analyst
  • Contact the Publisher
  • Disclaimer
List of Tables
  • Tennant Co, Key Facts
  • Tennant Co, Key Employees
  • Tennant Co, Key Employee Biographies
  • Tennant Co, Major Products and Services
  • Tennant Co, History
  • Tennant Co, Other Locations
  • Tennant Co, Subsidiaries
  • Tennant Co, Key Competitors
  • Tennant Co, Ratios based on current share price
  • Tennant Co, Annual Ratios
  • Tennant Co, Interim Ratios
  • Currency Codes
  • Capital Market Ratios
  • Equity Ratios
  • Profitability Ratios
  • Cost Ratios
  • Liquidity Ratios
  • Leverage Ratios
  • Efficiency Ratios
List of Figures
  • Tennant Co, Performance Chart (2019 - 2023)
  • Tennant Co, Ratio Charts

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Nordson Corp
  • American Vacuum Company, Inc.
  • Minuteman International, Inc.
  • Dover Corp
  • Betco Corp