In This Article:
TT Electronics (LON:TTG) Full Year 2024 Results
Key Financial Results
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Revenue: UK£521.1m (down 15% from FY 2023).
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Net loss: UK£53.4m (loss widened by UK£46.6m from FY 2023).
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UK£0.30 loss per share (further deteriorated from UK£0.039 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
TT Electronics Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) was also behind analyst expectations.
Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom.
Performance of the British Electronic industry.
The company's shares are down 4.1% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for TT Electronics that you need to be mindful of.
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