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Share Price: 1,214.00Bid: 1,211.00Ask: 1,245.00Change: -13.00 (-1.06%)Faller - Xp Power
Spread: 34.00Spread as %: 2.81%Open: 1,250.00High: 1,250.00Low: 1,212.00Yesterday’s Close: 1,227.00




XP Power 'cautiously optimistic' after H1 pretax earnings dip on exceptionals

Tue, 1st Aug 2006 09:50

LONDON (AFX) - XP Power PLC said it is 'cautiously optimistic about the future', after pretax
earnings for the first half to June 30 came in at 3.5 mln stg, from 3.7 mln a year before.

Before amortisation of intangibles and restructuring costs -- neither of which appeared in 2005 -- the pretax profit figure was 4.3 mln stg, it noted.

Turnover grew to 38.8 mln stg from 32.2 a year earlier, boosted by 'strong performances' in Singapore and the US. The latter is currently XP's biggest market, it said.

The company said it is going into the second half with 'healthy backlog' after taking 'robust bookings' in the first half, when trading was 'reasonable positive'.

The company is proposing an interim dividend of 8.0 pence, from 7.0 pence a year before, 'underlining (its) confidence in future prospects'.

newsdesk@afxnews.com

abr

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Related Shares: Xp Power Plc (XPP) 





XP Power profit falls on lower revenue from North America, Europe

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[25 Feb '13]

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[10 Jan '13]

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Oct 9 (Reuters) - XP Power Ltd: * Peel Hunt cuts XP Power Ltd price target to 950p from 1,100p; rating hold For a summary
[9 Oct '12]

RESEARCH ALERT-Investec cuts XP Power Ltd price target

Oct 9 (Reuters) - XP Power Ltd: * Investec cuts XP Power Ltd price target to 1150p from 1250p; rating buy For a summary of rat
[9 Oct '12]

RESEARCH ALERT-Westhouse raises XP Power to strong buy

July 30 (Reuters) - XP Power Ltd: * Westhouse raises XP Power to strong buy from buy For a summary of rating actions and price target chang
[30 Jul '12]

BRIEF-RESEARCH ALERT-Investec cuts XP Power target price

July 9 (Reuters) - XP Power Ltd: * Investec cuts XP Power target price to 1250p from 1300p; rating buy For a summary of rating ac
[9 Jul '12]

BRIEF-RESEARCH ALERT-Westhouse Securities raises XP Power price target

March 15 (Reuters) - XP Power Ltd: * Westhouse Securities raises XP Power Ltd price target to 1450P from 1300P; rating buy For
[15 Mar '12]

BRIEF-RESEARCH ALERT-Peel Hunt raises XP Power Ltd target price

Feb 20 (Reuters) - XP Power Ltd: * Peel hunt raises XP Power Ltd target price to 1100P from 800P; rating hold For a summa
[20 Feb '12]



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