XP Power Q4 Earnings Call Highlights

→ Home Depot & Lowe's: Buying the Earnings Dip Adjusted EPS was 22.5p, which management said was generated almost entirely in the second half. Finance costs declined to GBP 7.8 million due to lower borrowings and a lower Fed funds rate, while the effective tax rate came in higher than expected because lower group profits increased the risk of unrelieved tax losses in individual jurisdictions. Management said it expects the effective tax rate to move back toward the low-20% range as profits recover. Adjusted ...