XP Power Ltd. (DI) (XPP)

Sector:

Electronic and Electrical Equipment

Index:

FTSE Small Cap

2,470.00p
   
  • Change Today:
      50.00p
  • 52 Week High: 3,090.00
  • 52 Week Low: 1,965.00
  • Currency: UK Pounds
  • Shares Issued: 19.23m
  • Volume: 3,490
  • Market Cap: £475.10m
  • RiskGrade: 126

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 2,470.00p
Change Today 50.00p
% Change 2.07 %
52 Week High 3,090.00
52 Week Low 1,965.00
Volume 3,490
Shares Issued 19.23m
Market Cap £475.10m
RiskGrade 126

XPP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
38.20% above the market average38.20% above the market average38.20% above the market average38.20% above the market average38.20% above the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Price Trend
62.10% above the market average62.10% above the market average62.10% above the market average62.10% above the market average62.10% above the market average
2.44% below the sector average2.44% below the sector average2.44% below the sector average2.44% below the sector average2.44% below the sector average
Income
78.47% above the market average78.47% above the market average78.47% above the market average78.47% above the market average78.47% 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
7.64% below the market average7.64% below the market average7.64% below the market average7.64% below the market average7.64% 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 20-Sep-2019

Time Volume / Share Price
16:48 13 @ 2,470.00p
16:35 2,632 @ 2,470.00p
16:29 9 @ 2,400.00p
16:03 362 @ 2,419.70p
15:45 3 @ 2,390.00p

XPP Key Personnel

Chair James E Peters
CEO Duncan Penny
Finance Director Jonathan Rhodes

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