TT Electronics EMS Revenues Fall 27% in ‘09
Published: 15 March 2010
by Staff
SURREY, UK – TT Electronics’ Integrated Manufacturing Services division reported 2009 revenues of GBP 75.1 million, down 27.4% from a year ago.
The firm’s overall pretax profit for 2009 – which includes its electronics and sensors divisions – was GBP 17.2 million, compared to GBP 17.3 million for the prior year.
"An improvement in the fourth quarter has continued into the first two months of 2010," said chief executive Geraint Anderson.
TT Electronics also said order growth in the fourth quarter has continued into the current quarter.
US$1 = GBP 0.6579
