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1
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- XP Power plc
- 2006 Interim Results
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2
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- Good revenue growth driven by strong
performances in North American and Singapore
- Manufacturing Joint Venture now operational
- XP product now 58% of revenue (2005: 56%)
- Solid progress in cost efficiency
- Diluted adjusted earnings per share increases 23% to 16.9p (2005: 13.7p)
- Interim dividend increased to 8p (2005: 7p)
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4
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5
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6
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- Customer driven
- 50:50 joint venture with Fortron
Source
- Situated close to Shanghai, China
- Investment of US$1.5 million
- In production since April
- Expect to break even in Q4
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9
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10
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- Terminated certain third party lines to focus on own product
- Good underlying growth
- Realigning the company as an Asia-centric designer and manufacturer
- Dividend raised to 8p per share
- Remain on track to reach 40% gross margin
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Notes
