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TT Electronics plc

LSE:TTG.L

Location

United Kingdom

Market Cap

USD 270.68 M

Share Price

USD 1.53

Avg Daily Volume

1,048,061

Change (1 day)

4.05%

Change (1 year)

-16.78%

Change (YTD)

15.01%

TT Electronics plc Research and Development (R&D) Expenses for the year ending December 31, 2024: USD 0.00

TT Electronics plc Research and Development (R&D) Expenses is USD 0.00 for the year ending December 31, 2024, a -100.00% change year over year. Research and development (R&D) expenses are the costs associated with the development of new products, technologies, or improvements to existing products.
  • TT Electronics plc Research and Development (R&D) Expenses for the year ending December 31, 2023 was USD 14.00 M, a 14.66% change year over year.
  • TT Electronics plc Research and Development (R&D) Expenses for the year ending December 31, 2022 was USD 12.21 M, a -11.57% change year over year.
  • TT Electronics plc Research and Development (R&D) Expenses for the year ending December 31, 2021 was USD 13.80 M, a 9.86% change year over year.
  • TT Electronics plc Research and Development (R&D) Expenses for the year ending December 31, 2020 was USD 12.56 M, a -17.55% change year over year.
Key data
Date Research and Development (R&D) Expenses Revenue Revenue Gross Profit
Market news
LSE: TTG.L

TT Electronics plc

CEO Mr. Eric Lakin
IPO Date July 1, 1988
Location United Kingdom
Headquarters St Andrews House
Employees 3,901
Sector 🤖 Technology
Industries
Internet of Things (IoT)
🖨 3D Printing
⚡️ Electricity
🔌 Hardware & Electronics
Description

TT Electronics plc provides engineered electronics for performance critical applications in the automation and electrification, healthcare, and aerospace and defense markets worldwide. The company operates through three divisions: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Specialist Components. The Power and Connectivity division designs and manufactures power application products and connectivity devices, which enable the capture and wireless transfer of data. This segment collaborates with customers for developing solutions to optimize their electronic systems. The Global Manufacturing Solutions division provides manufacturing services and engineering solutions for its product divisions and to customers that require a lower volume and higher mix of various products. This segment manufactures integrated product assemblies, as well as provides designing testing solutions and value-engineering services. The Sensors and Specialist Components division works with customers to develop standard and customized solutions, including sensors and power management devices. Its solutions enhance the precision, speed, and reliability of critical aspects of its customers' applications. The company offers its products and services under the AB Connectors, Aero Stanrew, BI Technologies, IRC, OPTEK Technology, Precision, Power Partners, PowerPax, Stontronics, Torotel, Semelab, Welwyn, and Roxspur Measurement & Control brands. The company was formerly known as TT Group plc and changed its name to TT Electronics plc in 2000. TT Electronics plc was incorporated in 1906 and is headquartered in Woking, the United Kingdom.

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