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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Tutogen Medical, | AMEX:TTG | AMEX | Ordinary Share |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
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RNS Number:0825U
TT electronics PLC
12 January 2004
TT electronics plc
Trading update
The Board of TT electronics plc is confident that trading during 2003 has been
in line with current City expectations.
The reorganisation of the magnetics businesses referred to in the Interim Report
in September 2003 has now been substantially completed.
Optek Technology Inc, which was acquired in December, has significantly expanded
our sensor activities in the USA and has introduced new markets and technologies
to the group. This acquisition is now being integrated into the group's
operating and reporting structure and will benefit the group's earnings per
share in 2004.
The trading outlook is more encouraging than at the same time last year. TT
electronics enters 2004 with a broader customer base and an increased product
range. Currently demand for our automotive products remains strong and our
overall order intake for sensors and electronic systems continues to grow. The
markets for electronic components are now showing signs of improvement which we
anticipate will increase future demand for our products.
In the absence of a significant unforeseen event, the Board intends to recommend
a final dividend for 2003 at the same level as for 2002.
Enquiries:
TT electronics plc
John W Newman, Executive Chairman Tel: 01932 856 647
Biddicks
Zoe Biddick Tel: 020 7448 1000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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