Xaar has issued its scheduled trading update for H1 FY2019E that confirms trading is in-line with management expectations. The statement highlights underlying revenue progression of c.8%, excluding the impact of one-time royalties in H1 FY2018 and a £4m revenue reversal in H1 that is expected to be recovered in H2 FY2019E. There are many moving parts, which additionally include the potential impact from the Thin Film strategic review and the next phase in Xaar’s 3D Printing partnership with Stra ....
08 Jul 2019
In-line trading update
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In-line trading update
Xaar plc (XAR:LON) | 117 0 0.0% | Mkt Cap: 92.5m
- Published:
08 Jul 2019 -
Author:
Richard Hickinbotham -
Pages:
3
Xaar has issued its scheduled trading update for H1 FY2019E that confirms trading is in-line with management expectations. The statement highlights underlying revenue progression of c.8%, excluding the impact of one-time royalties in H1 FY2018 and a £4m revenue reversal in H1 that is expected to be recovered in H2 FY2019E. There are many moving parts, which additionally include the potential impact from the Thin Film strategic review and the next phase in Xaar’s 3D Printing partnership with Stra ....