Ad
Ad
Ad
Ad
Ad
Ad
Electronics Production | October 28, 2009

TT electronics sales in Q3 in line with management expectations

Sales in the third quarter continued to be below the same period last year for UK based TT electronics, but were in line with management expectations.
The Group has continued to trade profitably on a monthly basis due to the actions implemented to align the cost base with current levels of demand.

The new divisional structure introduced to improve execution, facilitate cross divisional working and increase sales continues to yield benefits. Significant progress has been made during the year in restructuring the Group's businesses and reducing the cost base, with measures taken expected to lead to an annualised cost reduction of over £30 million.

Image source: TT electronics

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Ad
Ad
Load more news
December 13 2017 10:15 PM V8.9.2-1