TT Electronics is Plugged in to the Recovery

The Week: Morningstar columnist Rodney Hobson looks at three manufacturing companies that have been affected by lockdown in different ways

Rodney Hobson 12 June, 2020 | 9:22AM

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Having “essential business” status has been a boon to specialist engineer TT Electronics (TTG), allowing it to continue operations almost as normal during the Covid-19 crisis.

There has, admittedly, been something of a setback in April and May as a result of the temporary closure of sites in Mexico, Malaysia, Barbados and Tunisia in compliance with government restrictions there and some employees have been off work through shielding and self-isolation. But the overall situation is now improving as government restrictions ease and all facilities are now open and the number of employees in self-isolation is reducing.

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About Author

Rodney Hobson

Rodney Hobson  is a columnist for Morningstar.co.uk and author of several investing books, including The Dividend Investor and How to Build a Share Portfolio.

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