In its trading update for the five months to the end of May, XP Power confirmed that it continues to see strong demand from semiconductor and healthcare customers. With demand from the healthcare sector likely to moderate in H2, and continued uncertainty in other end-markets, we maintain our revenue forecasts for FY20/21. We reduce FY20e EPS by 2.7% to reflect short-term increases in air freight costs.
04 Jun 2020
XP Power - Positive order momentum continues in Q2
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XP Power - Positive order momentum continues in Q2
XP Power Ltd. (XPP:LON) | 1,054 -42.2 (-0.4%) | Mkt Cap: 249.6m
- Published:
04 Jun 2020 -
Author:
Katherine Thompson -
Pages:
4
In its trading update for the five months to the end of May, XP Power confirmed that it continues to see strong demand from semiconductor and healthcare customers. With demand from the healthcare sector likely to moderate in H2, and continued uncertainty in other end-markets, we maintain our revenue forecasts for FY20/21. We reduce FY20e EPS by 2.7% to reflect short-term increases in air freight costs.