We are a business with high-quality assets and a differentiated market offer, aligned with key global megatrends. We are creating value for our world by helping our customers to succeed, inventing products that support sustainability and that are more sustainable themselves, investing in and creating opportunities for our people, and doing business responsibly.
Four key themes differentiate us from competitors, and we are focused on extending this differentiation:
Our target markets of healthcare, aerospace & defence, and automation & electrification have strong long-term structural growth potential. This growth is supported by megatrends pushing for the development of cleaner, smarter and healthier products and applications as we move towards a more sustainable world.
Our teams are passionate about finding solutions to the world’s toughest technology challenges and delivering for customers. We champion knowledge, skills, innovation, problem solving and service in four key areas: power; connectivity; sensing; and manufacturing & engineering. We set out to attract, promote and retain the best, diverse, talented people and we are focused on developing expertise at all levels of the organisation.
We design and manufacture bespoke technology solutions for specific customer applications, creating one-off solutions; customising and packaging products; and creating modular platforms built for customisation. We work from initial concept to production at scale, and from single component to complete device manufacture. We seek single source and designed-in development opportunities that enable us to move up the value chain and create long-term revenue streams.
Our success has been built on engaging deeply with our customers and becoming real partners. Customer intimacy enables us to leverage our capabilities to respond to their unique requirements and become a critical contributor to their teams and their products. We retain a flexible approach that enables us to support customers as and when they need us.
Our strategy is designed to leverage our assets and differentiators to unlock TT’s potential and create continuous value for all our stakeholders.
It is enabled by strong capital discipline: a focus on cash generation and careful use of the balance sheet to facilitate continued investment in the quality of our assets and TT’s exposure to long-term growth markets.