Full Year 2021 TT electronics PLC Earnings Call Transcript

Mar 09, 2022 / 08:30AM GMT
Richard Tyson - TT Electronics plc - CEO & Executive Director

All right. Good morning, everyone, and thank you for joining me for the TT Electronics 2021 Full Year Results Presentation. As usual, I'm joined today by our CFO, Mark Hoad. We'll run you through the presentation and then open up for your questions.

I'd like to start off by saying that I'm really pleased with the strong performance in 2021. It shows we have the right strategy and have excellent people delivering that strategy. We performed really well despite the well-documented supply chain and COVID-19 challenges, all while delivering strong growth. So I'd like to take a moment to thank our teams around the world who have been genuinely amazing.

We continue to win significant new business, as we work in partnership with our customers to solve technology challenges for a sustainable world. 2021 was a year of strong performance. We are pleased not only to be reporting good results but also considerable momentum across the business. Our revenue and run rate operating margins have returned to prepandemic levels at constant

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