TT Electronics (TTG)

Sector:

Electronic and Electrical Equipment

Index:

FTSE Small Cap

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226.00p
   
  • Change Today:
    -4.00p
  • 52 Week High: 278.00
  • 52 Week Low: 178.00
  • Currency: UK Pounds
  • Shares Issued: 163.49m
  • Volume: 10,078
  • Market Cap: £369.50m
  • RiskGrade: 140
  • Beta: 0.01

TT Electronics reports strong start to 2019

By Sean Farrell

Date: Thursday 09 May 2019

LONDON (ShareCast) - (Sharecast News) - TT Electronics reported a strong start to 2019 as revenue and orders rose at the maker of electronic components and systems.


Group revenue rose 27% excluding currency swings in the four months to the end of April, reflecting business development and integration of acquisitions, TT said before its annual meeting. The company makes sensors, resistors, connectors and other electrical parts for industries including aerospace, transport and heavy industry.

Excluding acquisitions and disposals, revenue increased 10%, continuing momentum from the second half of 2018. Growth in power and connectivity and global manufacturing products more than made up for flat revenue in sensors and specialist components.

"The group's order book remains ahead of the prior year," TT said. "We have secured a number of new contract wins with both aerospace and defence and medical customers ... The group remains well placed to make further progress in 2019 and beyond."

TT shares rose 3.9% to 248.35p at 11:35 BST.



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

TT Electronics Market Data

Currency UK Pounds
Share Price 226.00p
Change Today -4.00p
% Change -1.74 %
52 Week High 278.00
52 Week Low 178.00
Volume 10,078
Shares Issued 163.49m
Market Cap £369.50m
Beta 0.01
RiskGrade 140

TT Electronics Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
21.3% below the market average21.3% below the market average21.3% below the market average21.3% below the market average21.3% below the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Price Trend
44.65% above the market average44.65% above the market average44.65% above the market average44.65% above the market average44.65% above the market average
31.71% above the sector average31.71% above the sector average31.71% above the sector average31.71% above the sector average31.71% above the sector average
Income
0.88% above the market average0.88% above the market average0.88% above the market average0.88% above the market average0.88% above the market average
27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average
Growth
6.81% above the market average6.81% above the market average6.81% above the market average6.81% above the market average6.81% above the market average
2.56% above the sector average2.56% above the sector average2.56% above the sector average2.56% above the sector average2.56% above the sector average

What The Brokers Say

Strong Buy 7
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 7
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

TT Electronics Dividends

  Latest Previous
  Interim Final
Ex-Div 26-Sep-19 25-Apr-19
Paid 17-Oct-19 17-May-19
Amount 2.10p 4.55p

Trades for 23-Aug-2019

Time Volume / Share Price
16:35 8,664 @ 226.00p
16:28 3 @ 226.00p
16:28 4 @ 226.00p
16:26 7 @ 226.00p
15:01 99 @ 230.00p

TT Electronics Key Personnel

CFO Mark Hoad

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