2018 was a difficult year for Xaar. Revenues from ceramics fell more sharply than the group had expected, while growth in sales of its new Thin Film products was delayed. Management reduced costs, while continuing to drive strategic progress, diversify the business and explore printhead partnering options to share costs/help maximise opportunities. However this was overshadowed by downgrades to profit expectations through the year, and ultimately a move into loss. Given this backdrop, the diffic ....
03 Apr 2019
A tough year, but grounds for optimism
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
A tough year, but grounds for optimism
2018 was a difficult year for Xaar. Revenues from ceramics fell more sharply than the group had expected, while growth in sales of its new Thin Film products was delayed. Management reduced costs, while continuing to drive strategic progress, diversify the business and explore printhead partnering options to share costs/help maximise opportunities. However this was overshadowed by downgrades to profit expectations through the year, and ultimately a move into loss. Given this backdrop, the diffic ....