PR Newswire
London, June 9
9 June 2016
XP Power Limited
(“XP Power” or “the Group”)
2016 Financial Calendar
XP Power, one of the world's leading developers and manufacturers of critical power control sub-assemblies for the electronics
industry, announces that its Interim results for the six months ended 30 June 2016 will be
published on Monday 25 July 2016 and not Friday 22 July 2016 as
previously announced.
The remaining dates for the 2016 financial calendar are unchanged from those reported on 6 January
2016.
The dividend calendar also remains unchanged and is as follows:
Period |
Record Date |
Payment Date |
First quarter dividend for 2016 |
17 June 2016 |
8 July 2016 |
Second quarter dividend for 2016 |
16 September 2016 |
13 October 2016 |
Third quarter dividend for 2016 |
16 December 2016 |
12 January 2017 |
- Ends -
Enquiries:
Citigate Dewe
Rogerson
+44 (0)20 7638 9571
Kevin Smith/Jos Bieneman
Note to editors
XP designs and manufactures power controllers, the essential sub-assembly in every piece of electrical equipment that converts
the power from the electricity grid into the right form for the equipment to function.
XP typically designs in power control solutions into the end products of major blue chip OEMs, with a focus on the industrial
(circa 45% of sales), healthcare (circa 30% sales) and technology (circa 25% of sales) sectors. Once designed into a
program, XP has a revenue annuity over the life cycle of the customer’s product which is typically 5 to 7 years depending on the
industry sector.
XP has invested in research and development and its own manufacturing facilities in China,
North America and Vietnam, to develop a range of up to date
products based on its own intellectual property that provide its customers with significantly improved functionality and
efficiency.
Headquartered in Singapore and listed on the Main Market of the London Stock Exchange since
2000, XP serves a global blue chip customer base from 29 locations in Asia, Europe and North America.