XP Power Limited announced that Board has concluded that there is likely to be a shortfall in revenue in 2024, leaving the outlook for 2024 significantly below market expectations. This is based on recent order intake, revenue performance and discussions with customers, particularly within the Healthcare and Industrial Technology sectors, which confirm unusual, temporarily soft demand conditions and destocking. These softer trends have also emerged within direct industry peers.
Real-time Estimate
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5-day change | 1st Jan Change | ||
1,587 GBX | -0.69% | -6.98% | +17.99% |
May. 22 | Barclays cuts NextEnergy but lifts JLEN | AN |
May. 21 | London dips as eyes turn to UK inflation reading | AN |
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+17.99% | 483M | |
+4.45% | 152B | |
+27.24% | 144B | |
+39.37% | 136B | |
+15.99% | 64.88B | |
+4.55% | 40.2B | |
+115.97% | 39.74B | |
+3.85% | 31.09B | |
-16.36% | 30.12B | |
+9.51% | 29.48B |
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- XP Power Limited Announces Revenue Guidance for 2024