XP Power Ltd reported a record third-quarter order intake of £106.8 million, up 93% year-on-year, driven by strong demand in semiconductor manufacturing and industrial technology. Revenue rose 10% year-on-year to £63.8 million, supported by increased shipments from its Vietnam facility. The company’s order book reached £216.9 million with a book-to-bill ratio of 1.67, and net debt fell significantly due to a bond release related to litigation. XP Power expects 2027 financial performance to slightly exceed market expectations and will publish full-year results in March 2027.
XP Power's third-quarter order intake hit a record £106.8 million, up 93% year-on-year, signaling strong demand in semiconductor manufacturing and industrial technology. For readers following the Technology sector, here is Pluang's market snapshot as of Oct 20, 2026 15:51 WIB: out of 150 priced US stocks, 48 rose and 93 fell today. Notable movers include Applied Digital Corporation (APLD) at USD 18.90 with 53% buy activity, Credo Technology Group Holding Ltd (CRDO) at USD 169.83 with 79% buy activity, and United Microelectronics Corp (UMC) at USD 19.74 with 55% sell activity.
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VINCI's subsidiary Cobra IS secured a €165 million contract to build the cooling system for a massive data center campus in the Iberian Peninsula. The project includes installing mechanical, electrical, and plumbing equipment for 126 air cooling unit...
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