TT Electronics (TTG)

Sector:

Electronic and Electrical Equipment

Index:

FTSE Small Cap

255.00p
   
  • Change Today:
    -4.00p
  • 52 Week High: 265.00
  • 52 Week Low: 178.00
  • Currency: UK Pounds
  • Shares Issued: 164.04m
  • Volume: 61,501
  • Market Cap: £418.30m
  • RiskGrade: 186

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 255.00p
Change Today -4.00p
% Change -1.54 %
52 Week High 265.00
52 Week Low 178.00
Volume 61,501
Shares Issued 164.04m
Market Cap £418.30m
RiskGrade 186

TT Electronics Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
20.86% below the market average20.86% below the market average20.86% below the market average20.86% below the market average20.86% below the market average
78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average
Price Trend
64.04% above the market average64.04% above the market average64.04% above the market average64.04% above the market average64.04% above the market average
30.00% above the sector average30.00% above the sector average30.00% above the sector average30.00% above the sector average30.00% above the sector average
Income
4.15% below the market average4.15% below the market average4.15% below the market average4.15% below the market average4.15% below the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Growth
8.55% above the market average8.55% above the market average8.55% above the market average8.55% above the market average8.55% above the market average
15.79% above the sector average15.79% above the sector average15.79% above the sector average15.79% above the sector average15.79% 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 24-Jan-2020

Time Volume / Share Price
16:35 239 @ 255.00p
16:29 14 @ 256.00p
16:29 15 @ 256.00p
16:12 68 @ 257.00p
15:59 45 @ 258.00p

TT Electronics Key Personnel

CFO Mark Hoad

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