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XP Power in Talks With Banks Over Future Covenant Needs; 3Q Revenue Fell

By Najat Kantouar XP Power has reported lower revenue for the third quarter of the year and said it is in talks with banks to amend its future covenant. ....

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XP Power cuts costs, trades well and talks to lenders

XP Power Ltd - designs and manufactures power controllers - Says third-quarter revenue is down to GBP75.1 million from GBP79.4 million a year before, though operating profit is slightly ahead of its. ....

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XP Power takes action to cut spending after profit warning

Electrical parts manufacturer XP Power, which disappointed the market earlier in the month after warning on profits due to weaker trading conditions, said it has taken "significant action" to cut costs and preserve cash. ....

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