Full Year 2023 XP Power Ltd Earnings Presentation (Pre-recorded) Transcript

Mar 05, 2024 / NTS GMT
Presentation (Pre-recorded)
Mar 05, 2024 / NTS GMT

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Corporate Participants
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* Nik Wood
- Moderator
* Gavin Griggs
XP Power Ltd - Chief Executive Officer, Director
* Matt Webb
XP Power Ltd - CFO

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Nik Wood - - Moderator

Hello that we are at XP Power. It is the full year results. And I'm joined as usual by Gavin Griggs, CEO, but a new boy on the block, Matt Webb, you're the new CFO literally last September. So thanks very much for joining us, guys.

Guy's let's kick off with you, Gavin, let's be honest. It's been a pretty tough year.

Gavin Griggs - XP Power Ltd - Chief Executive Officer, Director

Yeah, has been a challenging year for XP, particularly the second half. Now there are some positives. We delivered record revenue up 9% and above SGD300 million for the first time as we shipped our order backlog from 2022. What's actually happened. The other side is our order intake has slowed as customers have

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