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TTS Group ASA Company Snapshot
TTS Group ASA operates in the Elevators and moving stairways sector. In addition to historical fundamental analyses, the complete report available to purchase compares TTS Group ASA with three other industrial machinery manufacturers in Europe: Alimak Group AB (publ) of Sweden (2016 sales of 2.05 billion Swedish Kronor [US$254.83 million] of which 33% was Construction Equipment), Doppler SA of Greece (17.30 million Euro [US$21.20 million] ), and Projprzem SA which is based in Poland (123.11 million Polish New Zlotys [US$36.19 million] of which 75% was Levellers Systems).

Sales Analysis. TTS Group ASA reported sales of NOK 3.09 billion (US$392.07 million) for the year ending December of 2016. This represents a very small increase of 1.2% versus 2015, when the company's sales were NOK 3.05 billion. Sales of Shipyard Solutions saw an increase that was more than double the company's growth rate: sales were up 38.0% in 2016, from NOK 215.99 million to NOK 297.98 million. TTS Group ASA also saw significant increases in sales in Container, Bulk, Tank (up 16.9% to NOK 1.14 billion) and Multipurpose General Cargo (up 24.0% to NOK 321.77 million) and Corporate/other (up 17.6% to NOK 13.77 million) . Not all segments of TTS Group ASA experienced an increase in sales in 2016: sales of Offshore fell 36.9% to NOK 226.31 million. TTS Group ASA also experienced decreases in sales in Roro, Cruise, Navy (down 13.4% to NOK 555.33 million) and Services (down 9.6% to NOK 534.13 million) .
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  Stock Performance Chart for TTS Group ASA
  Stock Data: Recent Stock Performance:
  Current Price (1/12/2018): 4.15
(Figures in Norwegian Kroner)
1 Week 0.7%   13 Weeks 0.7%  
4 Weeks 3.2%   52 Weeks -0.7%  
TTS Group ASA Key Data:
  Ticker: TTS Country: Norway
  Exchanges: OSL Major Industry: Capital Goods
    Sub Industry: Elevators & Moving Stairways
  2016 Sales 3,086,706,000
(Year Ending Jan 2017).
Employees: 1,052
  Currency: Norwegian Kroner Market Cap: 358,945,029
  Fiscal Yr Ends: December Shares Outstanding: 86,492,778
  Share Type: Ordinaere Aksje Closely Held Shares: 41,725,712
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