XP Power Ltd. (DI) (XPP)

Sector:

Electronic and Electrical Equipment

Index:

FTSE Small Cap

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2,250.00p
   
  • Change Today:
      20.00p
  • 52 Week High: 3,620.00p
  • 52 Week Low: 1,965.00p
  • Currency: UK Pounds
  • Shares Issued: 19.23m
  • Volume: 3,520
  • Market Cap: £432.78m
  • RiskGrade: 180

XP Power's quarterly order intake slides

By Iain Gilbert

Date: Monday 14 Jan 2019

LONDON (ShareCast) - (Sharecast News) - XP Power, the maker of power control components, had a good finish to 2018 as it ended the year trading in line with expectations.
XP Power reported revenue growth across all regions and sectors thanks to healthy demand witnessed throughout the fourth quarter.

However, the impact of the weakness in the semiconductor manufacturing equipment sector meant that both total order intake and revenues in the fourth quarter were 4% lower than those achieved in the third at £45.1m.

Despite this dip, order intake for the twelve months ended 31 December still came in at £198.4m - an increase of 8% over 2017. On a like-for-like basis, order intake for 2018 was up 1%.

Revenues improved 14% to £48.9m in the quarter, resulting in revenue for the calendar year of £194.8m.

Net debt widened 419% to £52.5m as a result of the group's acquisition of US power supplies manufacturer Glassman High Voltage in May.

Looking forward, XP said: "While we are not immune from macroeconomic conditions we are encouraged by our ongoing new design wins and healthy order book."

"On this basis and with the benefit of the Glassman acquisition, we expect further revenue growth in financial year 2019."

As of 1200 GMT, XP shares had lost 7.57% to 2,070.50p.

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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 2,250.00p
Change Today 20.00p
% Change 0.90 %
52 Week High 3,620.00p
52 Week Low 1,965.00p
Volume 3,520
Shares Issued 19.23m
Market Cap £432.78m
RiskGrade 180

XPP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
40.42% above the market average40.42% above the market average40.42% above the market average40.42% above the market average40.42% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Price Trend
62.84% above the market average62.84% above the market average62.84% above the market average62.84% above the market average62.84% above the market average
30% below the sector average30% below the sector average30% below the sector average30% below the sector average30% below the sector average
Income
76.93% above the market average76.93% above the market average76.93% above the market average76.93% above the market average76.93% above the market average
52.38% above the sector average52.38% above the sector average52.38% above the sector average52.38% above the sector average52.38% above the sector average
Growth
7.3% below the market average7.3% below the market average7.3% below the market average7.3% below the market average7.3% below the market average
57.89% above the sector average57.89% above the sector average57.89% above the sector average57.89% above the sector average57.89% above the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 4
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
  Q1 Q4
Ex-Div 13-Jun-19 21-Mar-19
Paid 11-Jul-19 23-Apr-19
Amount 17.00p 33.00p

Trades for 24-Jun-2019

Time Volume / Share Price
10:11 15 @ 2,250.00p
09:49 123 @ 2,230.00p
09:49 5 @ 2,240.00p
09:48 100 @ 2,240.00p
09:47 25 @ 2,250.00p

XPP Key Personnel

Chair James E Peters
CEO Duncan Penny
Finance Director Jonathan Rhodes

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