XP Power Ltd. (DI) (XPP)

Sector:

Electronic and Electrical Equipment

Index:

FTSE Small Cap

2,420.00p
   
  • Change Today:
      10.00p
  • 52 Week High: 3,090.00
  • 52 Week Low: 1,965.00
  • Currency: UK Pounds
  • Shares Issued: 19.23m
  • Volume: 38,141
  • Market Cap: £465.48m
  • RiskGrade: 127
  • Beta: 0.00

XP Power ups dividend on increased order intake

By Iain Gilbert

Date: Friday 13 Apr 2018

LONDON (ShareCast) - (ShareCast News) - Critical power control solutions developer XP Power upped its first-quarter dividend on Thursday after it saw the strong order intake witnessed towards the end of its last trading year continue into 2018.
XP Power's order intake hit £51.2m during its first trading quarter, a 9% increase year-on-year on a reported basis, for a 12% increase on a like-for-like basis.

The Singapore based firm posted revenues of £46.6m for the quarter, up 18% on the prior year, with sales moving ahead 17% on a like-for-like basis.

Elsewhere, XP reduced its net debt to £6.8m in the quarter, which was down from the £9m it owed at the end of its previous trading year.

As a result of this, XP declared a first-quarter dividend of 16p per ordinary share, for a 7% increase year-on-year.

"The momentum seen in 2017 has continued into the first quarter of 2018 and we are encouraged by the continued strong order intake experienced across the business and the book to bill level gives us confidence for the future. The board's expectations for the company's full-year performance remain unchanged," XP said in its Friday morning trading update.

As of 0930 BST, shares had climbed 4.49% to 3,678.00p.

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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 10.00p
% Change 0.41 %
52 Week High 3,090.00
52 Week Low 1,965.00
Volume 38,141
Shares Issued 19.23m
Market Cap £465.48m
Beta 0.00
RiskGrade 127

XPP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
37.52% above the market average37.52% above the market average37.52% above the market average37.52% above the market average37.52% above the market average
10% below the sector average10% below the sector average10% below the sector average10% below the sector average10% below the sector average
Price Trend
61.48% above the market average61.48% above the market average61.48% above the market average61.48% above the market average61.48% above the market average
7.32% above the sector average7.32% above the sector average7.32% above the sector average7.32% above the sector average7.32% above the sector average
Income
79.26% above the market average79.26% above the market average79.26% above the market average79.26% above the market average79.26% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Growth
7.51% below the market average7.51% below the market average7.51% below the market average7.51% below the market average7.51% 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 19-Sep-2019

Time Volume / Share Price
16:35 123 @ 2,420.00p
16:29 1 @ 2,430.00p
16:25 69 @ 2,450.00p
16:25 14 @ 2,450.00p
16:19 6 @ 2,440.00p

XPP Key Personnel

Chair James E Peters
CEO Duncan Penny
Finance Director Jonathan Rhodes

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