XP Power Ltd. (DI) (XPP)

Sector:

Electronic and Electrical Equipment

Index:

FTSE Small Cap

2,410.00p
   
  • Change Today:
    -10.00p
  • 52 Week High: 3,090.00p
  • 52 Week Low: 1,965.00p
  • Currency: UK Pounds
  • Shares Issued: 19.23m
  • Volume: 1,074
  • Market Cap: £463.56m
  • RiskGrade: 131
  • Beta: 0.01

XP Power closes out trading year with strong fourth quarter

By Iain Gilbert

Date: Friday 12 Jan 2018

LONDON (ShareCast) - (ShareCast News) - Critical power control components developer and manufacturer XP Power had a "good finish" to its trading year ended 31 December, as strong order intake drove robust revenue growth.
Order intake in the three months to the end of December came to £46.8m, a 24% year-on-year increase that boosted annual order intake 38% to £184.3m on a constant currency basis.

Fourth quarter revenue came in 16% ahead of the same period a year earlier at £43.2m, bringing total yearly revenue to £167m, a 29% year-on-year increase.

Trading over at Comdel, acquired by XP Power for $23m on 29 September, was in line with the group's pre-acquisition expectations, with fourth quarter orders totalling £5.8m, 101% ahead of the figures posted over the same period twelve months prior.

Following the Comdel acquisition, net debt was £10.1m as of 31 December, compared to a net cash position of £3.6m a year earlier.

XP Power paid a dividend of 18p per share for its third trading quarter on 11 January and was expecting to pay a further amount, to be announced on 1 March along with its final results, of no less than 28p per share for the last 12 weeks of 2017.

"We are encouraged by the continued strong order intake experienced across the business during the second half of 2017 and the overall book to bill level for the year. We enter 2018 with positive momentum and therefore expect to grow orders and revenue in 2018 above that in 2017."

At 1145 GMT, the shares were up 2.18% to 3,709p.

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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 2,410.00p
Change Today -10.00p
% Change -0.41 %
52 Week High 3,090.00p
52 Week Low 1,965.00p
Volume 1,074
Shares Issued 19.23m
Market Cap £463.56m
Beta 0.01
RiskGrade 131

XPP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
38.68% above the market average38.68% above the market average38.68% above the market average38.68% above the market average38.68% 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
61.62% above the market average61.62% above the market average61.62% above the market average61.62% above the market average61.62% above the market average
7.32% below the sector average7.32% below the sector average7.32% below the sector average7.32% below the sector average7.32% below the sector average
Income
80.47% above the market average80.47% above the market average80.47% above the market average80.47% above the market average80.47% 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
7.38% below the market average7.38% below the market average7.38% below the market average7.38% below the market average7.38% 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 17-Sep-2019

Time Volume / Share Price
11:48 14 @ 2,410.00p
11:47 586 @ 2,410.30p
10:27 310 @ 2,449.60p
08:40 3 @ 2,420.40p
08:30 141 @ 2,420.40p

XPP Key Personnel

Chair James E Peters
CEO Duncan Penny
Finance Director Jonathan Rhodes

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