Jul 09th 2012 - Edison Investment Research today published a report on XP Power (XPP.L, LSE:XPP, LON:XPP) entitled "H1 Bookings Support Forecasts". In summary, the report says:
XP Power has reported another stable bookings quarter and combined with the expected H1 revenue decline, the company is tracking in line with our FY12 revenue forecasts. Assuming that bookings continue to grow through H2, we leave our revenue and earnings forecasts unchanged, although we increase our dividend forecast for FY12 by 9% to reflect the higher than expected Q2 dividend.
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