Last checked at 21 May 2008 07:30
21 May 2008 XP Power Limited ("XP" or "the Group") Trading Update
XP, one of the world's leading providers of power supply solutions to the electronics industry, is today issuing an update on trading for the first four months of 2008 ended 30 April 2008.
Despite ongoing economic uncertainty, customers continue to place business at levels seen during 2007. Trading remains in line with the Board's expectations for the year.
XP expects to release interim results for the six months to 30 June 2008 on 11August 2008. - Ends - Enquiries:XP Power
James Peters, Deputy Chairman +44 (0)7785 353066
Duncan Penny, Chief Executive +65 8322 9520
Weber Shandwick Financial +44 (0)20 7067 0700
Terry Garrett/Nick Dibden/Hannah Marwood
Notes to editors:
XP provides power supply solutions to the electronics industry.
All electronic equipment needs a power supply. Power supplies convert the incoming AC supply into various levels of DC voltages to drive electronic components and sub-assemblies within the end user's equipment. XP segments its business into Communications, Defence and Avionics, Industrial and Medical. By servicing these markets, XP provides investors with access to technology and industrial sectors of the worldwide electronics market.
The market is highly fragmented and made up of a large number of Original Equipment Manufacturers who source standard and modified standard power supplies from several hundred power supply companies.
For further information, please visit www.xppower.com
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