TT Electronics share price, company news, analysis and interviews

TT Electronics plc (LON:TTG), a global provider of engineered electronics for performance critical applications, today announced that Wendy McMillan and Michael (“Mick”) Ord will join the Board as Non-Executive Directors on 16 January 2023.  Both will serve on the Nominations Committee, Wendy on the Audit Committee and Mick on the Remuneration Committee. Wendy McMillan is Chief Executive of the Safety Sector at Halma plc, and a member of its Executive Committee. Wendy has previously held executive positions at Dyson, BT plc and Bain & Company. She has an MBA from INSEAD and an M.Eng in Engineering, Economics and Management from Oxford University. Mick

TT Electronics plc (LON:TTG), a global provider of engineered electronics for performance critical applications, has announced that it has completed a buy-in of all its UK defined benefit pension liabilities giving an immediate £6 million cash flow benefit. The Trustee of the TT Electronics Pension Scheme has purchased a bulk annuity insurance policy from Legal and General Assurance Society Limited, covering all liabilities required to pay all future defined benefit pensions for the Scheme’s circa 5,000 members and any eligible dependants.   The purchase of this insurance policy is the successful culmination of extensive work over the last few years by TT

TT Electronics plc (LON:TTG), a global provider of engineered electronics for performance critical applications, has published the following trading update on the Group’s performance in the four-month period ended 29 October 2022. Strong demand continues The continued strength in our focus end markets, together with our customer positioning, is reflected in the Group’s year-to-date organic1 constant currency revenue growth of 18 per cent. Revenue growth has accelerated in the four months to October as expected, with strong volume growth augmented by pricing and material pass through costs. Our order intake continues to run ahead of our accelerating revenue growth, with book to bill of

TT Electronics plc (LON:TTG), a global provider of engineered electronics for performance critical applications, has published the following trading update on the Group’s performance for the four months to the end of April 2022, ahead of the AGM taking place later today. Strong Demand Continuing Trading in the period reflects the ongoing healthy growth trends in TT’s focus end-markets and the strength of our customer relationships. Group revenue was 6 per cent higher than the previous year on a constant currency basis and 5 per cent higher on an organic1 basis. Order intake continues to run well ahead of revenue with book to