Xaar’s H1 update has confirmed trading in line with expectations. Management anticipates flat revenues of c.£44m for H1 17 and has reiterated its previous guidance of a higher than normal H2 weighting for the year, as sales grow from newly launched print heads such as the 1003 and 1201. The group has also announced a Joint Development Agreement with Xerox, building on the Partnership Agreement signed in January. This commits the two groups to jointly funding and developing the next generation te ....
12 Jul 2017
N+1 Singer - Xaar - H1 17 trading in line; further agreement with Xerox
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N+1 Singer - Xaar - H1 17 trading in line; further agreement with Xerox
Xaar’s H1 update has confirmed trading in line with expectations. Management anticipates flat revenues of c.£44m for H1 17 and has reiterated its previous guidance of a higher than normal H2 weighting for the year, as sales grow from newly launched print heads such as the 1003 and 1201. The group has also announced a Joint Development Agreement with Xerox, building on the Partnership Agreement signed in January. This commits the two groups to jointly funding and developing the next generation te ....