XP Power Ltd. (DI) (XPP)

Sector:

Electronic and Electrical Equipment

Index:

FTSE Small Cap

2,820.00p
   
  • Change Today:
      40.00p
  • 52 Week High: 2,910.00
  • 52 Week Low: 1,965.00
  • Currency: UK Pounds
  • Shares Issued: 19.23m
  • Volume: 6,850
  • Market Cap: £542.42m
  • RiskGrade: 170
  • Beta: 0.41

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 2,820.00p
Change Today 40.00p
% Change 1.44 %
52 Week High 2,910.00
52 Week Low 1,965.00
Volume 6,850
Shares Issued 19.23m
Market Cap £542.42m
Beta 0.41
RiskGrade 170

XPP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
38.54% above the market average38.54% above the market average38.54% above the market average38.54% above the market average38.54% 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
61.88% above the market average61.88% above the market average61.88% above the market average61.88% above the market average61.88% 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
Income
79.32% above the market average79.32% above the market average79.32% above the market average79.32% above the market average79.32% above the market average
36.36% above the sector average36.36% above the sector average36.36% above the sector average36.36% above the sector average36.36% above the sector average
Growth
9.47% below the market average9.47% below the market average9.47% below the market average9.47% below the market average9.47% below the market average
68.42% above the sector average68.42% above the sector average68.42% above the sector average68.42% above the sector average68.42% above the sector average

What The Brokers Say

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

Trades for 21-Nov-2019

Time Volume / Share Price
14:56 53 @ 2,820.00p
14:53 58 @ 2,820.00p
14:48 106 @ 2,820.00p
14:40 70 @ 2,820.00p
14:33 70 @ 2,820.00p

XPP Key Personnel

Chair James E Peters
CEO Duncan Penny
Finance Director Jonathan Rhodes

Top of Page