TT Electronics has revealed a drop in sales due to ongoing woes in one of its key markets as it presses ahead with an overhaul of its board in the wake of a collapsed £287 million takeover.
The British manufacturer said group sales fell 4.8% in the four months to the end of April, driven by trading troubles in the electronics manufacturing services market, which it said was suffering from customer caution due to wider uncertainty in the global economy.
