Less Ads, More Data, More Tools Register for FREE

Pin to quick picksXp Power Share News (XPP)

Share Price Information for Xp Power (XPP)

London Stock Exchange
Share Price: 2,530.00
Bid: 2,510.00
Ask: 2,550.00
Change: 0.00 (0.00%)
Spread: 40.00 (1.59%)
Open: 2,480.00
High: 2,550.00
Low: 2,450.00
Yest. Close: 2,560.00
XPP Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

XP Power's quarterly order intake slides

Mon, 14th Jan 2019 12:05

(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.

More News

XP Power Expectations Unchanged Despite Soft Semiconductor Market

XP Power Expectations Unchanged Despite Soft Semiconductor Market

10 Oct 19 11:17

XP Power maintains guidance as semiconductor equipment market flounders

(Sharecast News) - Power control components manufacturer XP Power reported a 4% improvement in third quarter orders at constant currency on Thursday, to £55.9m, but said its year-to-date orders were down 3% at constant currency to £156.5m.

10 Oct 19 10:19

UK BROKER RATINGS SUMMARY: Barclays Raises Pennon And Cuts Ferrexpo

UK BROKER RATINGS SUMMARY: Barclays Raises Pennon And Cuts Ferrexpo

10 Oct 19 09:49

UK Dividends Calendar - Next 7 Days

UK Dividends Calendar - Next 7 Days

3 Oct 19 16:04

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

3 Oct 19 16:02

Monday broker round-up

(Sharecast News) - Compass Group: Barclays downgrades to equal weight with a target price of 1,850p.

15 Apr 19 12:54

UK Shareholder Meetings Calendar - Next 7 Days

Wednesday 10 AprilCarnivalRio Tinto (London)Heavitree BreweryThursday 11 Oil

9 Apr 19 16:04

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 27 February ITVFull Year ResultsRio TintoFull Year Results (at 0600 James's

26 Feb 19 16:08

XP Power's quarterly order intake slides

(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.

14 Jan 19 12:05

UK Earnings, Trading Statements Calendar - Next 7 Days

Tuesday 8 January SIGTrading Statement Wm Morrison SupermarketsTrading Year 9 Year

7 Jan 19 16:00

UK Earnings, Trading Statements Calendar - Next 7 Days

Tuesday 2 October FergusonFull Year Results SCS GroupFull Year Bars Year Gifford 3 4

1 Oct 18 16:04

BlackRock Holds 5% Stake In XP Power After Transaction (ALLISS)

LONDON (Alliance News) - XP Power Ltd on Monday said BlackRock Inc now holds a 5.0% interest in the power supplies company.Prior to Friday's transaction, BlackRock's holding was in

20 Aug 18 16:13

XP Power begins second half with 'strong' order book

(Sharecast News) - XP Power reported a strong first half performance on Monday, with continued momentum in orders and revenues as new design wins enter production amidst a buoyant global market for capital equipment.

30 Jul 18 09:58

UK Earnings, Trading Statements Calendar - Next 7 Days

Tuesday 24 July IG Group HoldingsFull Year ResultsDrax GroupHalf Year Year Year Year Year

23 Jul 18 16:02

DIRECTOR DEALINGS: XP Power Asia Vice President Sells Shares

LONDON (Alliance News) - XP Power Ltd said Friday Executive Vice President for Asia Andy Sng Seng Kok sold shares worth over GBP150,000 on Wednesday and Thursday.700 shares were sold at on

15 Jun 18 15:02

Login to your account

Don't have an account? Click here to register.