XP Power Q1 revenues rise as order momentum continues
14th Apr 2022 07:45
(Sharecast News) - Power converter maker XP Power said first quarter revenues were up 7% year on year as it reported a record order book.
Read moreXP Power facing $40m in damages as US court rules in favour of Comet
24th Mar 2022 08:08
(Sharecast News) - XP Power said on Thursday that it may have to cough up $40m in damages after US rival Comet won a trade secret misappropriation lawsuit against the London-listed power solutions provider.
Read moreXP Power FY profits slump as margin contraction offsets improved order intake
1st Mar 2022 07:05
(Sharecast News) - Critical power control solutions manufacturer XP Power saw reported profits slump in 2021 despite improved order intake and a modest uptick in revenues.
Read moreXP Power in £33m German spending spree
31st Jan 2022 07:19
(Sharecast News) - XP Power said it had bought the German firms FuG Elektronik and Guth High Voltage from Dr Simon Consulting for €39m in cash (£32.8m).
Read moreXP Power sees annual profit below forecasts after supply chain issues
12th Jan 2022 00:37
(Sharecast News) - XP Power said it expected annual operating profit to be "modestly below" market forecasts due to supply chain issues during the final quarter.
Read moreXP Power says momentum accelerates in third quarter
11th Oct 2021 07:25
(Sharecast News) - Power control components company XP Power said on Monday that the "strong" momentum in order intake seen in its first half accelerated in the third quarter, with orders up 87% at constant currency, and 73% as reported, to £97.2m.
Read moreXP Power order intake reaches record in first half
2nd Aug 2021 08:54
(Sharecast News) - XP Power reported a record order intake in its first half on Monday, up 17% at constant currency and 8% on a reported basis, to £157.6m.
Read moreBerenberg reiterates 'buy' rating on XP Power following 'impressive' Q1 update
14th Apr 2021 10:35
(Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating and 5,945.0p target price on XP Power after the firm posted an "impressive" set of first-quarter results against some "tough" comparatives.
Read moreBerenberg raises target price on XP Power
3rd Mar 2021 15:32
(Sharecast News) - Analysts at Berenberg raised their target price on XP Power from 5,500.0p to 5,945.0p on Wednesday following the group's "impressive" 2020 performance.
Read moreXP Power declares final dividend after year of growth
2nd Mar 2021 09:48
(Sharecast News) - XP Power reported 17% growth in revenue in its annual results on Tuesday, £233.3m, as its order intake rose 20% to £258m.
Read moreXP Power 'performing well' at end of 2020
12th Jan 2021 09:01
(Sharecast News) - Power control components manufacturer XP Power updated the market on its trading for 2020 on Tuesday, reporting a "strong finish" to the year, with revenue in line with the board's expectations.
Read moreBerenberg hikes target price on XP Power
13th Oct 2020 10:23
(Sharecast News) - Analysts at Berenberg hiked their target price on power supply manufacturer XP Power from 4,980.0p to 5,230.0p on Tuesday, stating its upgrade cycle was continuing.
Read moreXP Power Q3 revenues progress 'positively'
12th Oct 2020 08:16
(Sharecast News) - Power control components manufacturer XP Power said on Monday that third-quarter revenues had progressed "positively" as the "exceptionally strong" order intake seen in the first half translated into product shipments.
Read moreXP Power replaces pay committee chair after revolt
8th Oct 2020 08:51
(Sharecast News) - XP Power has replaced the head of its remuneration committee after shareholders protested over pay at its last annual general meeting.
Read moreLiberum initiates coverage on XP Power at 'buy'
6th Aug 2020 11:13
(Sharecast News) - Analysts at Liberum initiated coverage on electrical component manufacturer XP Power at 'buy' on Thursday, stating that an acceleration in earnings growth would drive a re-rating in the group's shares.
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