TT Electronics PLC 2022 AR2
The report highlights TT Electronics' strong performance in 2022, delivering 20% organic revenue growth and a 35% increase in adjusted operating profit despite supply chain and inflationary challenges. The company achieved its near-term Scope 1 and 2 emissions reduction target a year early, recording a 54% reduction compared to the 2019 baseline. Additionally, TT Electronics completed a buy-in of its UK defined benefit pension scheme, securing benefits for approximately 5,000 members and eliminating related investment and longevity risks. The company also expanded its strategic partnerships, including selection as a manufacturing partner for the Honeywell Anthem avionics suite.
Company: TT Electronics PLC
Sector: Information Information Technology
Country: United Kingdom
Year: 2022
Type: AR2
Pages: 236
TT Electronics PLC
Annual Report And Accounts
The report highlights TT Electronics' strong performance in 2022, delivering 20% organic revenue growth and a 35% increase in adjusted operating profit despite supply chain and inflationary challenges. The company achieved its near-term Scope 1 and 2 emissions reduction target a year early, recording a 54% reduction compared to the 2019 baseline. Additionally, TT Electronics completed a buy-in of its UK defined benefit pension scheme, securing benefits for approximately 5,000 members and eliminating related investment and longevity risks. The company also expanded its strategic partnerships, including selection as a manufacturing partner for the Honeywell Anthem avionics suite.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Net Zero Target
Employees