TT Electronics plc (TTG.L) Monday said its revenue for the 5 months to May 31 deceased 5.5% year-on-year on an organic basis.
Additionally, the company said that the initial phase of the strategic review of its Components business, announced in April, is progressing well. It has decided to close the Group's operations in Plano, Texas. In 2024, the Plano site had incurred an operating loss before group recharges of 5.7 million pounds.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.