TT continues drive for manufacturing efficiency

The leading sensor and electronic component technology specialist TT electronics, confirmed today (14 January) that trading conditions had improved significantly in 2010 with sales for the year some 24% ahead of the previous year.

The company said in a trading update that it continued to make good progress in executing its strategy, with emphasis on the delivery of operational excellence in the areas of customer focus, product innovation and manufacturing efficiency. TT reported that its business had traded well with consistently higher volumes during 2010 and had entered the new financial year with a good order book giving visibility into the second quarter. It is confident that the execution of strategy is creating sustainable growth and improving margins.