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26 Sep 2019
Interim results, Board changes and Succession
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Interim results, Board changes and Succession
Xaar plc (XAR:LON) | 102 0 0.0% | Mkt Cap: 81.8m
- Published:
26 Sep 2019 -
Author:
Singer CM Team -
Pages:
3 -
The Group has announced interim results, which include the impact of the decision to cease its Thin Film operations, and also extensive Board changes. In view of the Stratasys transaction we remain restricted and can therefore provide factual comment only. Interim results show an IFRS loss before tax of £52.3m and an adjusted loss before tax of £15.0m. A separate announcement covers management succession that will see the Chairman, SID, CEO and CFO leave the Group.