Business
Half-year Results
Half-year Results.
About this update from Tt Electronics Plc
[{"type":"text","content":"\n\n\n \n \n \nTT Electronics plc\n \nResults for the half-year ended 30 June 2023\n \n \nFor further information, please contact:\nTT Electronics \nRichard Tyson, Chief Executive Officer\nMark Hoad, Chief Financial Officer\nKate Moy, Investor Relations Tel: +44 (0)1932 827 779\n\nMHP Communications\nTim Rowntree / Ollie Hoare Tel: +44 (0)20 3128 8276\n \n \nA management presentation for analysts and investors will be held today at 09.30 and can be accessed on https://stream.brrmedia.co.uk/broadcast/6489c7dba4eaa3202590592d\n \nA recording of the presentation and Q&A session will be available on the website later in the day.\n \nA PDF of this half year announcement is available for download from https://www.ttelectronics.com/investors/results-reports-presentations/ .\n \n \nInterim Results for the half-year ended 30 June 2023\n \nDelivering improved margins and cash generation; increased confidence in full year outlook\n \n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n£ million (unless otherwise stated)\n\n\nAdjusted Results1\n\n\nStatutory Results\n\n\n\n\n\n\n\nH1 2023\n\n\nH1 2022\n\n\nChange\n\n\nChange\n\n\nH1 2023\n\n\nH1 2022\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nConstant fx\n\n\n \n\n\n\n\n\n\n\nRevenue\n\n\n309.1\n\n\n269.2\n\n\n15%\n\n\n12%\n\n\n309.1\n\n\n269.2\n\n\n\n\nOperating profit\n\n\n25.6\n\n\n18.3\n\n\n40%\n\n\n34%\n\n\n20.9\n\n\n8.9\n\n\n\n\nOperating profit margin\n\n\n8.3%\n\n\n6.8%\n\n\n150bps\n\n\n140bps\n\n\n6.8%\n\n\n3...