Analyst Research Report Snapshot

Title:

XP POWER - CONVERSION COMPLETE

Price:

$10.00

Provider:

Edison Investment Research

Date:

28 Feb 2013

Pages:

12

Type:

AcrobatPDF

Companies referenced:

XPP.L 1AAX401E.BV 2308.TW 6905.T DELT.BK EMR.N GE.N PWER.OQ SLI.A VCRT.PK VICR.OQ

Available for Immediate Download
Summary:

XP Power reported FY12 results substantially in line with our recently revised expectations. The company has completed its multi-year transformation from distributor to designer and manufacturer of power conversion solutions, enabling the generation of superior margins. The focus is now on gaining market share in XP’s three key end markets, aided by the improved quality control and customer support provided by the in-house design and manufacturing operations. XP trades at a discount to peers, despite its stronger profitability.

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