XP Power (GB:XPP) has released an update.
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XP Power Limited has confirmed their full year trading outlook remains steady, following an announcement from Advanced Energy Industries that they will not make an offer for the company. This reiteration comes despite Advanced Energy’s prior indicative proposal, which XP Power rejected in May. The company is set to announce its Interim Results in August, maintaining confidence in its business prospects across various sectors.
For further insights into GB:XPP stock, check out TipRanks’ Stock Analysis page.