XP Power Limited announced trading results for the fourth quarter and twelve months ended December 31, 2016. For the quarter, the company reported group revenues were £37.1 million compared with £27.8 million in the fourth quarter of 2015.

For the twelve months, the company reported revenues were £129.8 million, an increase of 18% over 2015, or 7% in constant currency.

The company encouraged by the strong order intake the company have experienced during the second half of 2016. The company enters 2017 with positive momentum and therefore expects that the company should be able to show further growth in revenues in 2017.