TT Electronics plc (TTG.L), on Wednesday it reported loss in the first half 2025 compared with profit in the previous year.
For the first half of the year 2025, loss before taxation came in at 9.6 million pounds compared with profit of 6.7 million pounds in the previous year.
Loss per share was 5.8 pence versus earnings per share of 1.6 pence last year.
Adjusted profit before tax declined 38.4 percent to 8.5 million pounds from 13.8 million pounds in the same period previous year.
Adjusted earnings per share were 1.9 pence versus 5.4 pence last year.
Operating loss came in at 5.1 million pounds compared with a profit of 11.9 million pounds in the prior year.
Adjusted operating profit declined 29.7 percent to 13 million pounds from 18.5 million pounds in the prior year.
Revenue decreased to 237.9 million pounds from 273.3 million pounds in the previous year.
Further, the company expected full-year adjusted operating profit in line with market expectations.
TT Electronics is currently trading 4.39% lesser at 103.26 pence on the London Stock Exchange.
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