Tue, 30th Oct 2007 08:07 LONDON (Thomson Financial) - XP Power Ltd, a power supply manufacturer, said its second-half p
rofits will be hit as sales will be lower by 3 mln stg than those in the first half.
XP Power attrituted the decline to continued softness in its end markets and weakness of the US dollar.
The company further said the weakness in its end markets will also have a negative impact on 2008 revenues.
However, it added that improvement in gross margins will continue through the third quarter of 2007.
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