Xaar has issued a trading statement together with an update on its strategic review of its Thin Film business and notification that it is to delay the interim results to 26th September (from 10th September). Whilst the statement confirms that first half revenue was £22.5m, trading for the remainder of the year is now expected to be weaker than previously anticipated. Second half revenues are now expected to be similar to the first half. The interims are being delayed to allow time to provide a m ....
03 Sep 2019
Trading update, strategic review and delayed interims
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Trading update, strategic review and delayed interims
Xaar plc (XAR:LON) | 117 0 0.0% | Mkt Cap: 92.5m
- Published:
03 Sep 2019 -
Author:
Richard Hickinbotham -
Pages:
3
Xaar has issued a trading statement together with an update on its strategic review of its Thin Film business and notification that it is to delay the interim results to 26th September (from 10th September). Whilst the statement confirms that first half revenue was £22.5m, trading for the remainder of the year is now expected to be weaker than previously anticipated. Second half revenues are now expected to be similar to the first half. The interims are being delayed to allow time to provide a m ....