XP POWER LTD - Annual Results for the year ended 31 December 2020
PR Newswire
Annual Results for the year ended 31 December 2020
XP Power, one of the world s leading developers and manufacturers of critical power control solutions for the Industrial Technology, Healthcare and Semiconductor Manufacturing Equipment sectors, announces its annual results for the year ended 31 December 2020.
2020
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1
For details on adjusted measures refer to note 4 and note 5 of the consolidated financial statements.
Strong growth in order intake and revenue driven by the recovery in the Semiconductor Manufacturing Equipment sector and demand from our Healthcare customers as they increased supply of critical care devices for the treatment of COVID-19, offsetting weakness in Industrial Technology sector.
The Sustainability Accounting Standards Board is finalizing a merger with the International Integrated Reporting Council, while watching efforts to establish a standard-setter overseen by the International Financial Reporting Standards Foundation.
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