Trading Figures

RNS Number : 8951C

TT electronics PLC

14 March 2011

 



TTG

TT electronics plc

Trading Figures

TT electronics plc is today announcing certain trading figures for the financial year ended 31 December 2010, which are subject to final Board and audit approval, ahead of the planned disclosure of its full year results scheduled for 17 March 2011.

As a result of an administrative error, certain draft figures were published via the Company's website on Friday 11 March.   While these figures are yet to be approved by the Company's Board and auditors and so could be subject to change, TT electronics today announces that it expects to report the following trading results from continuing operations:

·      Revenue of £571.3 million (2009: £463.5 million)

·      Operating profit before exceptional items of £25.2 million (2009: £6.4 million)

·      Profit before tax and exceptional items of £20.7 million (2009: £0.8 million)

·      Headline earnings per share before exceptional items of 9.0p (2009: loss per share of 1.2p)

·      Operating cash flow after capital expenditure and before exceptional items of £48.0 million (2009: £74.5 million)

As previously announced, TT electronics will release its results for the full year to 31 December 2010 on 17 March 2011.

For further information, please contact:

TT electronics plc Geraint Anderson, Group Chief Executive Shatish Dasani, Group Finance Director	Tel:  [phone]
Biddicks Zoë Biddick/Sophie Lane	Tel:  [phone]

 

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