SURREY, ENGLAND – TT Electronics is forecasting milder profits in 2012 than previously expected, according to published reports.

The components, sensors and integrated manufacturing services provider said orders are slowing down, with some key customers postponing call-off orders.

Sales for the first nine months of the year were less than 3% below 2011, and the firm’s trading performance for the full year is now expected to be below the board's previous expectations.