TT Electronics (LON:TTG) Posts Quarterly Earnings Results

TT Electronics (LON:TTG) posted its quarterly earnings data on Wednesday. The company reported GBX 6.90 earnings per share for the quarter, Digital Look Earnings reports. TT Electronics had a negative net margin of 10.51% and a negative return on equity of 31.21%.

Here are the key takeaways from TT Electronics’ conference call:

• Strong cash and balance‑sheet improvement: free cash flow rose to £29.9m with 150% cash conversion, net debt fell by ~£30m to £50.3m and leverage declined to 1.1x, with the revolving credit facility extended and expected to be undrawn.
• North America turnaround completed: Cleveland is stabilized with higher productivity, yield and on‑time delivery returning the region to profitability, and the planned closure of loss‑making Plano removes a structural drag (though last‑time buys from Plano will not recur in 2026).
• Value‑creation program launched: a divisional realignment (Power, EMS, Components), a targeted cost reset expected to deliver ~£3m net benefit in 2026 (≈£5m gross) and a sales transformation are intended to drive sustainable margin expansion and profitable growth.
• Components strategic review underway: management has separated the Components business and the board is evaluating a value‑led disposal process (no sale commitment), so outcomes and timing remain uncertain.
• Caution on 2026 outlook and headwinds: company expects 2026 revenue and adjusted operating profit broadly in line with consensus but cites continued EMS weakness, geopolitical uncertainty and a high effective tax rate (57% in 2025) that depressed EPS.

TT Electronics Stock Down 0.3%

TTG opened at GBX 109.70 on Friday. The company has a current ratio of 1.71, a quick ratio of 0.93 and a debt-to-equity ratio of 70.10. The company has a market cap of £195.34 million, a PE ratio of -2.92, a price-to-earnings-growth ratio of 0.60 and a beta of 0.95. TT Electronics has a 12 month low of GBX 61.90 and a 12 month high of GBX 154.80. The company has a 50 day moving average of GBX 117.76 and a 200 day moving average of GBX 117.88.

Insider Transactions at TT Electronics

In related news, insider Warren Tucker sold 48,445 shares of the firm’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of GBX 109, for a total transaction of £52,805.05. Company insiders own 8.76% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on TTG shares. Berenberg Bank reissued a “hold” rating and set a GBX 120 price objective on shares of TT Electronics in a research report on Wednesday. Stifel Nicolaus reaffirmed a “buy” rating and set a GBX 145 price target on shares of TT Electronics in a research note on Thursday. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, TT Electronics currently has an average rating of “Hold” and an average target price of GBX 113.75.

About TT Electronics

TT Electronics is a global provider of engineered electronics for performance critical applications.
TT engineers and manufactures electronic solutions enabling a safer, healthier and more sustainable world. TT benefits from enduring megatrends in structurally high-growth markets including healthcare, aerospace, defence, automation and electrification. TT invests in R&D to create designed-in products where reliability is mission critical. Products designed and manufactured include sensors, power management and connectivity solutions.