Full Year 2024 TT electronics PLC Earnings Call Transcript

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Apr 10, 2025

Apr 10, 2025 / 07:30AM GMT
Warren Tucker - TT electronics PLC - Non-Executive Independent Chairman of the Board

All right. Well, good morning, everyone, and thank you for being here at short notice, and thank you for being on the webcast if you're listening live or on record. I have to say it's been quite a long year and a short night, but we are now here. So I'd like to just start by acknowledging that 2024 was a difficult year for TT. Notwithstanding that, actually, there were lots of positive spots.

We had excellent performance in Europe, excellent performance in Asia. Our cash flow has really stepped up and helped our balance sheet. And we've completed what I think are very close to the final steps in sealing off and closing down and taking the risk out of our pension scheme, and there's been many other achievements as well.

On the other hand, we've had plenty of challenges and a few opportunities to exploit. I'd like to thank Peter France for all of his contribution in 2024 and before. I'd like to thank the leadership team, and I'd like to thank everyone in TT for navigating those challenges and delivering

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