LONDON – TT Electronics said organic, constant currency sales were down 3% in the first ten months of 2015.

The firm says 2% of sales for the period were attributable to large orders secured in 2014 for industrial sensing and control and advanced components divisions.

TT’s general industrial markets were generally weaker in the third quarter, leaving its order book marginally lower year-over-year.

“General industrial markets have become weaker in recent months, and we therefore remain cautious about market conditions,” said chief executive Richard Tyson. “Whilst there has been some softening in our shorter cycle businesses, notably in Advanced Components, this is being offset by earlier realization of benefits from the Operational Improvement Plan, and our outlook for the full year is unchanged.”

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