XP Power Ltd. (DI) (XPP)

Sector:

Electronic and Electrical Equipment

Index:

FTSE Small Cap

2,420.00p
   
  • Change Today:
      20.00p
  • 52 Week High: 3,090.00p
  • 52 Week Low: 1,965.00p
  • Currency: UK Pounds
  • Shares Issued: 19.23m
  • Volume: 12,752
  • Market Cap: £465.48m
  • RiskGrade: 132

XP Power sees fourth quarter resurgence

By Josh White

Date: Friday 13 Jan 2017

LONDON (ShareCast) - (ShareCast News) - Critical power control component developer and manufacturer XP Power issued a trading update for the fourth quarter to 31 December on Friday, claiming a strong finish to the year, trading in line with the board's expectations as the acceleration in order intake reported in the third quarter fed through into revenue growth in the final quarter.
The London-listed firm said the momentum in order intake continued to strengthen in the fourth quarter.

It said order intake in the fourth quarter of 2016 was £37.1m compared with £35m in the third quarter and £30m in the fourth quarter of 2015.

Revenues in the fourth quarter of 2016 were £37.1m, up from £32.3m in the third quarter and £27.8m in the fourth quarter of 2015.

Order intake for the twelve months ended 31 December was £133.5m, an increase of 21% over 2015, or 9% in constant currency.

Revenues for the twelve months were £129.8m, an increase of 18% over 2015, or 7% in constant currency.

The firm said net cash at 31 December was £3.6 million compared with a net debt position of £3.7 million at the end of 2015.

"The recommended dividend for the fourth quarter of 2016 will be announced with the 2016 final results but is not expected to be less than 25p per share, representing a minimum total dividend of 70p per share for 2016, an increase of 6% over the total dividend of 66p per share paid for 2015," XP's board said in a statement.

"We are encouraged by the strong order intake we have experienced during the second half of 2016.

"We enter 2017 with positive momentum and therefore expect that we should be able to show further growth in revenues in 2017."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

XPP Market Data

Currency UK Pounds
Share Price 2,420.00p
Change Today 20.00p
% Change 0.83 %
52 Week High 3,090.00p
52 Week Low 1,965.00p
Volume 12,752
Shares Issued 19.23m
Market Cap £465.48m
RiskGrade 132

XPP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
37.97% above the market average37.97% above the market average37.97% above the market average37.97% above the market average37.97% above the market average
15% below the sector average15% below the sector average15% below the sector average15% below the sector average15% below the sector average
Price Trend
61.42% above the market average61.42% above the market average61.42% above the market average61.42% above the market average61.42% above the market average
2.44% below the sector average2.44% below the sector average2.44% below the sector average2.44% below the sector average2.44% below the sector average
Income
79.08% above the market average79.08% above the market average79.08% above the market average79.08% above the market average79.08% above the market average
61.90% above the sector average61.90% above the sector average61.90% above the sector average61.90% above the sector average61.90% above the sector average
Growth
7.75% below the market average7.75% below the market average7.75% below the market average7.75% below the market average7.75% below the market average
64.10% above the sector average64.10% above the sector average64.10% above the sector average64.10% above the sector average64.10% above the sector average

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 5
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

XPP Dividends

  Latest Previous
  Q2 Q1
Ex-Div 12-Sep-19 13-Jun-19
Paid 10-Oct-19 11-Jul-19
Amount 18.00p 17.00p

Trades for 16-Sep-2019

Time Volume / Share Price
16:35 588 @ 2,420.00p
16:29 9 @ 2,410.00p
16:29 5 @ 2,410.00p
16:28 4 @ 2,420.00p
16:27 32 @ 2,420.00p

XPP Key Personnel

Chair James E Peters
CEO Duncan Penny
Finance Director Jonathan Rhodes

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