XP Power Ltd. reported group revenue results for the first quarter ended March 31, 2015. For the quarter, group revenues were £25.6 million compared to £24.4 million a year ago, up 5% from those achieved in the same period a year ago. In constant currency revenues were the same as in the prior year. Whilst the weaker Euro has had a negative impact this has been more than compensated for by the stronger US Dollar.

For 2015, with the positive momentum in the order intake experienced in the second half of 2014 continuing into the first quarter. The company therefore maintains guidance that it would expect to grow revenues in line with expectations in 2015.