The company has today warned that revenue in the second half of the year will be broadly in line with the first half. The shortfall against previous expectations of growth results largely from fewer than planned new printer installs of Xaar's 2001 Printhead, and slower than anticipated ramp up of the Xaar 1201 Printhead due to supply constraints. We are placing the stock under review as we assess our forecasts and recommendation.

20 Nov 2017
Panmure Morning Note 20-11-2017

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Panmure Morning Note 20-11-2017
Xaar plc (XAR:LON) | 141 -2.5 (-1.2%) | Mkt Cap: 112.7m
- Published:
20 Nov 2017 -
Author:
Sanjay Jha -
Pages:
3 -
The company has today warned that revenue in the second half of the year will be broadly in line with the first half. The shortfall against previous expectations of growth results largely from fewer than planned new printer installs of Xaar's 2001 Printhead, and slower than anticipated ramp up of the Xaar 1201 Printhead due to supply constraints. We are placing the stock under review as we assess our forecasts and recommendation.