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TT Electronics: all positive bar the working capital outflow

The electronics manufacturer is seeing increased volumes
TT Electronics: all positive bar the working capital outflow

 

  • Multiple new business wins; focus on growth markets
  • Cash conversion hampered by inventory-build

TT Electronics (TTG) appears to be back on track after booking a loss at the half-year mark in 2020. It has driven half-year revenues by 16 per cent on a constant currency basis, and exited the period with a record order book and improved top-line visibility into 2022.

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