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TT Electronics – 2023 results, a value and income Buy

By Tom Winnifrith & Steve Moore | Wednesday 13 March 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


‘Engineered electronics for performance critical applications’ company TT Electronics (TTG) has announced its results for the 2023 calendar year headlined “Strong profit growth, margin enhancement and cash generation” and outlook confidence based on its order book, current end-market activity and operational improvement initiatives that are underway. The shares are currently up to around 150p in response, but there looks more upside ahead.
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