It has been another great year for XP Power and in our six monthly video, keeping investors and shareholders abreast of their developments, there was a lot to talk about. Our business correspondent Nik Wood was joined by Chief Executive Duncan Penny and Financial Director Jonathan Rhodes and they reported that general trading figures were very strong again. “We seem to be firing on all cylinders” said Duncan “each geography was up year on year and each sector was up year on year.”
Despite the uncertainty of Brexit and currency fluctuations XP are not seeing customers going away. One of the biggest challenges now is managing the manufacturing capacity but with expansion plans for the factory in Vietnam and an increase in the number and line of products, as just part of a larger strategic plan, the company are managing their growth.
To find out more detail about the last years performance and future exciting plans across the company for the year ahead please click here.