Xaar has given a reassuring H1 2015 trading update. Sales to the ceramic tile printing market stabilised in H1, following the decline in demand in the latter half of 2014, and sales to other end markets performed in line with expectations. While visibility remains limited, performance YTD has led to an increase in full year guidance from c.£90m to c.£92-95m of sales. The group has also reported a net cash balance which is stronger than we had expected at £58.6m, reflecting a reduction in stock a ....