TT Electronics PLC (LSE:TTG)
£ 1.475 0.015 (1.03%) Market Cap: 261.42 Mil Enterprise Value: 388.62 Mil PE Ratio: 0 PB Ratio: 0.96 GF Score: 70/100

Half Year 2020 TT electronics PLC Earnings Call Transcript

Aug 06, 2020 / 06:00AM GMT
Release Date Price: £1.82 (+1.11%)
Richard Tyson
TT Electronics plc - Group CEO & Executive Director

Good morning, and I do hope you're all keeping safe and well. Welcome to TT's First Virtual Interim Results presentation. Mark Hoad, TT's Chief Financial Officer is here with me, and he will be updating you on our first-half numbers, which have clearly been impacted by COVID, but improved over the course of Q2, as covered in our June trading update.

Our normal interim results presentation is all about how the half year has progressed in business and in financial terms, how we have performed against our key performance indicators and how that will inform you about our future performance. Clearly, today is a bit different. Because in managing through the pandemic, we have had a really unusual set of circumstances to deal with. Clearly, the numbers reflect this and the market disruption from COVID.

But what I want you to take away today from this is the team have responded exceptionally well, both operationally and financially. TT has entered the pandemic in better shape, thanks to the actions that we've taken over the

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