FY2019 was a very tough year for the Group, characterised by the decision to cease investment in its Thin Film technology and issues affecting the performance of the core Printhead business. The adjusted loss before tax was £69.8m and included a loss of £9.8m (FY2018 - £4.5m profit) in respect of continuing operations. Period end net cash was £25.3m and this provides the new management team with the resources to implement their strategy and to withstand the uncertain impacts of COVID-19 that are ....
23 Apr 2020
Final results, guidance withdrawn
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Final results, guidance withdrawn
Xaar plc (XAR:LON) | 117 0 0.0% | Mkt Cap: 92.5m
- Published:
23 Apr 2020 -
Author:
Richard Hickinbotham -
Pages:
4
FY2019 was a very tough year for the Group, characterised by the decision to cease investment in its Thin Film technology and issues affecting the performance of the core Printhead business. The adjusted loss before tax was £69.8m and included a loss of £9.8m (FY2018 - £4.5m profit) in respect of continuing operations. Period end net cash was £25.3m and this provides the new management team with the resources to implement their strategy and to withstand the uncertain impacts of COVID-19 that are ....