WOKING, ENGLAND – TT Electronics announced 2022 revenue of GBP617 million ($735.6 million), a 30% increase from 2021's total.

TT Electronics said it saw record order intake for the year, and maintains a confident outlook for the year ahead, with continued order momentum in the fourth quarter accounting for about 90% of expected revenue in 2023.

"While we are mindful of the wider macro environment, we enter 2023 with good momentum underpinned by a strong order book," said CEO Richard Tyson.

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