Analyst Research Report Snapshot

Title:

XP POWER - POSITIVE TRENDS

Price:

$10.00

Provider:

Edison Investment Research

Date:

11 Oct 2013

Pages:

3

Type:

AcrobatPDF

Companies referenced:

XPP.L

Available for Immediate Download
Summary:

XP Power’s Q3 trading update confirmed that business continues to improve, with Q3 order intake exceeding Q3 revenues. Revenues year to date were stronger than expected and we upgrade forecasts for FY13 and FY14 to reflect this, driving EPS upgrades of 4% for both years. In our view, the share price does not fully reflect XP’s profitability and cash generation.

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