XP Power Q1 revenues slide, remains 'confident' of market position
10th Apr 2024 09:45
(Sharecast News) - Power control components manufacturer XP Power said on Wednesday that both order intake and revenue declined in the first quarter but said it remains confident of its market position.
Read moreXP Power revenue rises despite slower order intake
5th Mar 2024 11:45
(Sharecast News) - XP Power reported a 42% decrease in order intake in its annual results on Tuesday, to £208.8m, while revenue saw a modest uptick of 9% to £316.4m.
Read moreXP Power revenues seen 'significantly below' FY expectations
16th Feb 2024 07:46
(Sharecast News) - Power control solutions manufacturer XP Power warned on Friday that full-year revenues would be "significantly below market expectations", sending shares sharply lower in early trading.
Read moreJefferies ups ratings on Elementis, XP Power and Spirax-Sarco
31st Jan 2024 10:42
(Sharecast News) - Jefferies has adjusted its ratings on stocks across in a review of the UK-listed capital goods sector, which included upgrades of Elementis, XP Power and Spirax-Sarco Engineering.
Read moreXP Power upbeat after better-than-expected final quarter
11th Jan 2024 07:17
(Sharecast News) - XP Power reported a fourth-quarter order intake of £49.1m in an update on Thursday, marking a 29% decrease, while revenue stood at £81.2m, down 7% year-on-year.
Read moreBerenberg hikes target price on XP Power
17th Nov 2023 09:33
(Sharecast News) - Analysts at Berenberg raised their target price on power supply solutions provider XP Power from 1,400.0p to 1,600.0p on Friday after having upgraded the group to 'buy' last month.
Read moreXP Power raises £43.9m in placing, rejects bid approaches
7th Nov 2023 11:50
(Sharecast News) - XP Power surged on Tuesday after it raised £43.9m in a placing and said it had received "a small number" of unsolicited expressions of interest which it has rejected.
Read moreXP Power takes action to cut spending after profit warning
27th Oct 2023 07:55
(Sharecast News) - Electrical parts manufacturer XP Power, which disappointed the market earlier in the month after warning on profits due to weaker trading conditions, said it has taken "significant action" to cut costs and preserve cash.
Read moreXP Power cancels Q2 dividend payment
6th Oct 2023 07:17
(Sharecast News) - Power converter solutions provider XP Power said on Friday that it has cancelled its second-quarter dividend payment following discussions with major shareholders.
Read moreXP Power shares sink on profit warning
2nd Oct 2023 08:09
(Sharecast News) - Power control components manufacturer XP Power saw its stock price tumble on Monday after it warned on profits, saying that trading over the third quarter had been below internal expectations.
Read moreXP Power swings to loss despite H2 improvement, CFO resigns
28th Feb 2023 09:44
(Sharecast News) - Power control specialist XP Power reported a significant improvement in second-half performance in its results on Tuesday, as supply chain conditions stabilised, allowing for increased product shipments.
Read moreBerenberg slashes target price on XP Power
18th Oct 2022 09:48
(Sharecast News) - Analysts at Berenberg slashed their target price on power supply manufacturer XP Power from 4,020.0p to 2,080.0p on Tuesday, despite the group's "strong" Q3 trading update on 11 October.
Read moreXP Power trading performance improves 'significantly' in Q3
11th Oct 2022 07:44
(Sharecast News) - Power control components manufacturer XP Power said on Tuesday that trading "improved significantly" in the third quarter, in line with internal expectations.
Read moreXP Power mulls 'next steps' over $40m ruling
3rd Oct 2022 07:53
(Sharecast News) - XP Power said it was considering its options after a US court confirmed it must pay $40m to rival Comet Group.
Read moreXP Factory H1 revenues surge following Boom Battle Bar acquisition
9th Sep 2022 07:26
(Sharecast News) - Leisure business XP Factory said on Friday that interim revenues were projected to be in excess of £8.0m, up from £1.2m at the same time a year earlier after the group's acquisition of Boom Battle Bar.
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