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TT Electronics ( (GB:TTG) ) has provided an update.
TT Electronics reported that group revenue for the four months to 30 April 2026 fell 4.8% on an organic basis, reflecting softer EMS end-market demand, though excluding a transferred EMS customer and the Plano site closure, organic revenue rose 2.9%. A robust book-to-bill ratio of 107%, driven largely by aerospace and defence, together with progress on cost cuts and sales transformation, underpins unchanged guidance for adjusted operating profit in line with consensus.
The company said its transition to a new divisional structure has been implemented, its cost reduction programme remains on track to deliver a net £3 million benefit this year, and its sales transformation investments are beginning to pay off. The board is also continuing to review strategic options for the Components business, while a planned CFO succession will see Ian Ashton join on 29 June 2026, with interim CFO Richard Webb staying to ensure an orderly handover ahead of interim results due on 2 September 2026.
The most recent analyst rating on (GB:TTG) stock is a Hold with a £115.00 price target. To see the full list of analyst forecasts on TT Electronics stock, see the GB:TTG Stock Forecast page.
Spark’s Take on TTG Stock
According to Spark, TipRanks’ AI Analyst, TTG is a Neutral.
The score is driven primarily by mixed financial performance: strong recent cash generation and meaningful deleveraging partially offset multi-year revenue declines and ongoing net losses. Earnings-call commentary adds support through in-line guidance and improving margins/cash conversion, while weak technicals and a negative P/E weigh on the overall rating.
To see Spark’s full report on TTG stock, click here.
More about TT Electronics
TT Electronics is a global engineer and manufacturer of engineered electronic solutions for performance-critical applications. The group focuses on high-growth markets including healthcare, aerospace, defence, automation and electrification, producing sensors, power management and connectivity solutions from design and manufacturing facilities in the UK, North America and Asia.
Average Trading Volume: 182,796
Technical Sentiment Signal: Hold
Current Market Cap: £210.5M
See more data about TTG stock on TipRanks’ Stock Analysis page.