The earnings call presented a mixed picture with strong performance in Europe and cash conversion success, but significant challenges in North America and Asia. The strategic restructuring of the Components business and ongoing improvements in operational efficiency offer positive long-term prospects, but current revenue declines and regional challenges weigh on the sentiment.
Company Guidance
In the TT Electronics 2025 Half Year Results Presentation, Eric Lakin provided guidance on several key metrics reflecting the company's performance and strategic initiatives. The company reported a 6% organic revenue decline, with the North American region facing significant challenges, including a GBP 6 million loss from the closure of the Plano site. However, TT Electronics achieved an impressive cash conversion rate of 135% and a leverage of 1.9x, which is within the target range and slightly ahead of previous guidance. Adjusted operating profit was reported at GBP 13 million, a 29.7% organic decline, with a corresponding drop in adjusted operating margins by 180 basis points to 5.5%, and adjusted EPS at 1.9p. Despite these challenges, the company continues to expect its full-year adjusted operating profit to align with market expectations. The European region showed a 5% organic revenue increase and a 34% rise in adjusted operating profit, demonstrating strong operational leverage and efficiency improvements, while Asia faced a 9% organic revenue decline due to order delays. The strategic focus remains on completing the operational turnaround in North America, reducing inventory, and driving long-term growth in sectors such as Aerospace & Defense, where robust double-digit growth is anticipated.
Strong European Performance
Europe saw a 5% revenue increase organically and a 34% organic increase in adjusted operating profit, with operating margins improving by 330 basis points to 15.6% due to favorable product mix and efficiency improvements.
Cash Conversion Success
Achieved a strong cash conversion rate of 135% in the first half, contributing to a GBP 36 million reduction in net debt since June last year.
Aerospace & Defense Growth
Continued strong momentum in Aerospace & Defense, with record order intake expected for the European business this year.
Components Business Restructuring
Strategic review of the Components business underway, with a new management team focusing on performance improvement and market positioning.
TT Electronics (GB:TTG) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GB:TTG Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Sep 24, 2025
108.00p
118.00p
+9.26%
Apr 10, 2025
83.20p
75.00p
-9.86%
Aug 08, 2024
136.79p
141.22p
+3.24%
Mar 07, 2024
133.45p
142.23p
+6.58%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does TT Electronics (GB:TTG) report earnings?
TT Electronics (GB:TTG) is schdueled to report earning on Mar 11, 2026, TBA (Confirmed).
What is TT Electronics (GB:TTG) earnings time?
TT Electronics (GB:TTG) earnings time is at Mar 11, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.