TT Electronics' EMS Unit Up in H1 Print E-mail
User Rating: / 0
PoorBest 
Written by Mike Buetow   
Thursday, 19 August 2010 07:19

WEYBRIDGE, ENGLAND -- TT Electronics' EMS unit saw operating profits on higher sales in the first half, rising 20% from a year ago to 1.8 million pounds.

The division's sales were up 11% to 42.7 million pounds through June 30, the company said.

During the quarter, TT IMS completed the closing of its Aylesbury plant and transferred manufacturing to Rogerstone.

TT Electronics, which also makes components such as sensors, said revenue from continuing operations rose 23% to 280.7 million pounds. The company's adjusted pretax profit through June 30 was 9.3 million pounds ($14.53 million), up from a loss of 3.8 million pounds a year ago.

The firm said its second-half outlook is improving. "The outlook for the second half of the year is positive although some uncertainty remains, particularly around macro economic conditions," chief executive Geraint Anderson said.

 


blog comments powered by Disqus
 

Columns

An Early Spring?

The second half of 2011 is behind us, literally and figuratively.

Read more...
 
‘An End-to-End Solution for Assembled HDI Rigid-Flex’

Multi-Fineline Electronix (MFLEX) and AT&S last week announced an agreement to share their respective printed circuit board technologies. Under the agreement, AT&S's high-density interconnect (HDI) rigid PCBs and MFLEX's flex board capabilities will be offered to respective customers, and the two will partner on rigid-flex technology.

MLFEX executive and PCD&F columnist Jay Desai spoke with editor-in-chief Mike Buetow about the new partnership.

Read more...
 

Features

SMT Stencils from a Production Perspective

Is the slew of new materials, coatings and processes truly unique, or just the same old hype?

Read more...
 
Implementing Good Test Coverage and Eliminating Escapes

Experimental data reveal a strong correlation between SPI and AXI.

Read more...
 

Search

Search

Login

CB Login

Language

Language

English French German Italian Portuguese Russian Spanish
 

Products

Custom Products & Services Offers Work Benches
These modular work benches offer quality and versatility for work areas that include network labs, assembly areas, shipping stations, security and command consoles, or as computer repair benches. Can...