March 3, 2020 / 9:53 AM / 3 months ago

BRIEF-XP Power FY Pretax Profit 24 Mln Stg Vs 37.6 Mln Stg

March 3 (Reuters) - XP Power Ltd:

* FY PROFIT BEFORE TAX £24.0M VERSUS £37.6M

* “COVID-19 VIRUS INTRODUCES CAUTION AND UNCERTAINTY”

* EXPECT BENEFITS FROM TRANSFER OF PRODUCTION FROM MINDEN TO VIETNAM IN SECOND HALF OF 2020

* AFFECTED BY CERTAIN EXTERNAL EVENTS, SUCH AS IMPACT OUTBREAK OF COVID-19 VIRUS HAD ON OUR SUPPLY CHAIN

* NET DEBT £41.3M AS AT FY END Source text for Eikon: Further company coverage:

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