TT Electronics taps Eric Lakin as new finance chief
8th Jan 2025 11:51
(Sharecast News) - Electronics engineering and manufacturing company TT Electronics announced the appointment of Eric Lakin as its new chief financial officer on Wednesday, to succeed Mark Hoad, who was retiring after a decade with the company as previously announced in November.
Read moreTT Electronics confident of financial framework after Volex abandons takeover talks
13th Dec 2024 08:04
(Sharecast News) - Electronic components manufacturer TT Electronics said it continues to have confidence in its medium-term financial framework after Volex backed out of a takeover pursuit of the electronic components group, following a month of speculation that it may make an offer.
Read moreTT Electronics shares drop as Volex abandons takeover pursuit
12th Dec 2024 11:35
(Sharecast News) - Shares in TT Electronics dropped on Thursday after Volex backed out of a takeover pursuit of the electronic components group, after a month of speculation that it may make an offer.
Read moreLondon close: Stocks end turbulent week in the red
15th Nov 2024 15:21
(Sharecast News) - London stocks ended Friday in negative territory, weighed down by losses in pharmaceutical shares and a surprise slowdown in UK economic growth during the third quarter.
Read moreVolex makes two rejected bids for TT Electronics
15th Nov 2024 07:21
(Sharecast News) - Volex announced on Friday that it has submitted two proposals to acquire the London-listed TT Electronics in a cash-and-shares deal, valuing it at around £249m.
Read moreTT Electronic to make further job cuts, revenues down YOY
14th Nov 2024 09:09
(Sharecast News) - Electronic components manufacturer TT Electronics said on Thursday that it has been forced to make further job cuts in an effort to mitigate the impact of "substantial market changes".
Read moreTT Electronics downgrades full-year outlook, shares tumble
16th Sep 2024 09:24
(Sharecast News) - TT Electronics tumbled on Monday as it downgraded its full-year outlook, citing "operational efficiency issues" in two North American sites.
Read moreTT Electronics makes 'good progress' on Project Dynamo in H1
8th Aug 2024 09:29
(Sharecast News) - Electronic components manufacturer TT Electronics said on Thursday that it has made "good progress" in the early stages of Project Dynamo, its programme to unlock value and drive financial and operational improvements across the board.
Read moreTT Electronics reiterates FY outlook, YTD revenues down 2%
10th May 2024 08:02
(Sharecast News) - Electronic components TT Electronics reiterated its full-year outlook on Friday despite "continuing global macroeconomic uncertainty".
Read moreTT Electronics warns on profits following machinery breakdown
22nd Nov 2023 10:06
(Sharecast News) - Electronic components manufacturer TT Electronics warned on full-year profits on Wednesday as a machinery breakdown impacted production.
Read moreTT Electronics full year ahead of expectations
8th Mar 2023 07:15
(Sharecast News) - TT Electronics said on Wednesday that its 2022 performance had been ahead of expectations as it hailed a record order intake.
Read moreTT Electronics upgrades FY profit expectations, shares rally
23rd Feb 2023 13:31
(Sharecast News) - TT Electronics rallied on Thursday as it upgraded full-year profit expectations after its global manufacturing solutions (GMS) business outperformed.
Read moreNumis and RBC sound a positive note on TT Electronics after latest update
21st Nov 2022 14:21
(Sharecast News) - Analysts at RBC Capital revised their target price for shares of TT Electronics lower on the back of the electronic component manufacturer's latest update.
Read moreTT Electronics de-risks pension scheme, shares spark
21st Nov 2022 10:54
(Sharecast News) - TT Electronics has completed a buy-in of all its UK defined benefit pension liabilities, the components manufacturer confirmed on Monday, sending its shares higher.
Read moreTT Electronics backs FY guidance amid strong order intake
13th May 2022 08:49
(Sharecast News) - Engineered electronics provider TT Electronics backed its full-year outlook on Friday as it reported a jump in revenue and "strong" order intake.
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