XP Power Ltd. (DI) (XPP)

Sector:

Electronic and Electrical Equipment

Index:

FTSE 250

4,170.00p
   
  • Change Today:
      40.00p
  • 52 Week High: 4,320.00
  • 52 Week Low: 2,080.00
  • Currency: UK Pounds
  • Shares Issued: 19.43m
  • Volume: 12,675
  • Market Cap: £810.43m
  • RiskGrade: 249

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.

Email this article to a friend

or share it with one of these popular networks:


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 4,170.00p
Change Today 40.00p
% Change 0.97 %
52 Week High 4,320.00
52 Week Low 2,080.00
Volume 12,675
Shares Issued 19.43m
Market Cap £810.43m
RiskGrade 249

XPP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
44.64% above the market average44.64% above the market average44.64% above the market average44.64% above the market average44.64% above the market average
23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average
Price Trend
59.54% above the market average59.54% above the market average59.54% above the market average59.54% above the market average59.54% above the market average
89.74% above the sector average89.74% above the sector average89.74% above the sector average89.74% above the sector average89.74% above the sector average
Income
86.87% above the market average86.87% above the market average86.87% above the market average86.87% above the market average86.87% above the market average
23.81% above the sector average23.81% above the sector average23.81% above the sector average23.81% above the sector average23.81% above the sector average
Growth
8.4% below the market average8.4% below the market average8.4% below the market average8.4% below the market average8.4% below the market average
36.84% below the sector average36.84% below the sector average36.84% below the sector average36.84% below the sector average36.84% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 5
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
  Interim Q3
Ex-Div 10-Sep-20 12-Dec-19
Paid 09-Oct-20 13-Jan-20
Amount 18.00p 20.00p

Trades for 06-Aug-2020

Time Volume / Share Price
08:22 2,000 @ 4,170.00p
08:21 11 @ 4,170.00p
08:21 20 @ 4,160.00p
08:19 20 @ 4,170.00p
08:19 11 @ 4,170.00p

XPP Key Personnel

Chair James E Peters
CEO Duncan Penny
Finance Director Jonathan Rhodes

Top of Page