In FY18 XP reported strong organic growth and operating margins, generating EPS growth of 18%. After a series of acquisitions, it has a full portfolio of power solutions to meet all voltage and power requirements, and management is now focused on increasing its market share at key accounts. In our view, the stock is trading at close to trough multiples with a dividend yield above 4%.
05 Mar 2019
XP Power - Driving share gains with expanded product range
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XP Power - Driving share gains with expanded product range
XP Power Ltd. (XPP:LON) | 1,024 -163.8 (-1.5%) | Mkt Cap: 242.5m
- Published:
05 Mar 2019 -
Author:
Katherine Thompson -
Pages:
18
In FY18 XP reported strong organic growth and operating margins, generating EPS growth of 18%. After a series of acquisitions, it has a full portfolio of power solutions to meet all voltage and power requirements, and management is now focused on increasing its market share at key accounts. In our view, the stock is trading at close to trough multiples with a dividend yield above 4%.