TT Electronics trims full year guidance

TT Electronics, the components, sensors and integrated manufacturing services provider, managed the unusual feat of issuing a mild profit warning and seeing its share price rise.

TT Electronics, the components, sensors and integrated manufacturing services provider, managed the unusual feat of issuing a mild profit warning and seeing its share price rise.

The group said global market conditions continued to deteriorate in recent weeks, with order intake slowing down and some key customers postponing call-off orders (orders placed as part of a blanket contract covering a given time period).

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