Report

Update: Encouraging Q4 order intake

XP Power saw Q4 trading in line with expectations, driving revenue growth of 8% in FY15 (4% in constant currency). Helped by a recovery in orders from the US, Q4 order intake was strong, providing positive momentum going into FY16. The recently acquired EMCO business is also trading well and the company has already identified cross-selling opportunities. We leave our forecasts unchanged pending FY15 results on 22 February.
Underlying
XP Power

XP Power is engaged in the design and manufacture of electronic power converters, which is required to convert the power output from the mains wall socket to the usable power that allows the equipment to function. Co. supplies these products to the healthcare, industrial and technology industries.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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