XP Power Ltd. (DI) (XPP)

Sector:

Electronic and Electrical Equipment

Index:

FTSE Small Cap

3,030.00p
   
  • Change Today:
    -60.00p
  • 52 Week High: 3,820.00
  • 52 Week Low: 1,965.00
  • Currency: UK Pounds
  • Shares Issued: 19.23m
  • Volume: 22,805
  • Market Cap: £582.81m
  • RiskGrade: 185

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 3,030.00p
Change Today -60.00p
% Change -1.94 %
52 Week High 3,820.00
52 Week Low 1,965.00
Volume 22,805
Shares Issued 19.23m
Market Cap £582.81m
RiskGrade 185

XPP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
39.99% above the market average39.99% above the market average39.99% above the market average39.99% above the market average39.99% above the market average
63.16% below the sector average63.16% below the sector average63.16% below the sector average63.16% below the sector average63.16% below the sector average
Price Trend
62.65% above the market average62.65% above the market average62.65% above the market average62.65% above the market average62.65% above the market average
69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average
Income
77.76% above the market average77.76% above the market average77.76% above the market average77.76% above the market average77.76% 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
9.25% below the market average9.25% below the market average9.25% below the market average9.25% below the market average9.25% below the market average
72.97% above the sector average72.97% above the sector average72.97% above the sector average72.97% above the sector average72.97% above the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 1
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
  Q3 Q2
Ex-Div 12-Dec-19 12-Sep-19
Paid 13-Jan-20 10-Oct-19
Amount 20.00p 18.00p

Trades for 28-Feb-2020

Time Volume / Share Price
16:42 500 @ 3,030.00p
16:35 136 @ 3,030.00p
16:35 963 @ 3,030.00p
16:28 14 @ 3,000.00p
16:17 3 @ 2,990.00p

XPP Key Personnel

Chair James E Peters
CEO Duncan Penny
Finance Director Jonathan Rhodes

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