Oct 11th 2013 - Edison Investment Research today published a report on XP Power (XPP.L, LSE:XPP, LON:XPP) entitled "Positive Trends". In summary, the report says:
XP Power’s Q3 trading update confirmed that business continues to improve, with Q3 order intake exceeding Q3 revenues. Revenues year to date were stronger than expected and we upgrade forecasts for FY13 and FY14 to reflect this, driving EPS upgrades of 4% for both years. In our view, the share price does not fully reflect XP’s profitability and cash generation.
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