bullish

XP Power Ltd

XP Power - Q3 trading supports FY18 outlook

41 Views08 Oct 2018 14:37
Issuer-paid
SUMMARY

XP Power’s Q3 trading update confirms strong revenue growth, despite currency headwinds, and good progress in design wins across all end markets. Q3 bookings growth has moderated slightly, partially reflecting uncertainty in the semiconductor sector over capex plans, but management is confident of achieving expectations set at its recent interim results; we leave our forecasts unchanged.

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