XP Power (XPP)

XP Power XPP Logo

A UK based developer and manufacturer of critical power control components for the electronics industry.

14-Jan-2019 – 2240p – £431m – PER 11.8

Trading Update For The 12 Months To End December 2018 – FY to be in-line.

First coverage – Looks about fairly priced at this level though.

15-Apr-2019 – 2540p – £489m – PER 13.9

Trading Update For The 3 Months To End March 2019 (Q1) – Expects FY to be in-line (H2 weighted).

I don’t see any value here and I never like to see H2 weighting mentioned.

Stockopedia Banner