Updates

Xaar - Xaar Thin film P4 printheads to launch in 2016

September 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

A respectable H1 from Xaar showing stability returning to its ceramic tile business (albeit in China and before all the rumbles this month) and good progress on its thin film developments (P4 platform).Sales were £47.8m, down from £60.4m in H1 ‘14 but more or less matching the previous half year of £48.8m. Helped by the programme of cost cuts, pretax profit came in at £9.1m from £16.1m. Eps on a lower tax charge was 11p.This, of course, was after capitalising £3.9m (£3.3m) of internal development costs on P4. Net cash was £58.6m, up from £47m. The gross margin came in better than expected at 45% and operating profit margin emerged at 19% after the substantial i ...

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Lavendon

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Xaar (August 2023)

Xaar - Prospects for Aquinox seem red hot (April 2023)

Xaar - FY25 will see jumpoff with 15p eps forecast (March 2023)

Xaar - Trundles towards high viscosity printhead launch in Q4 (October 2022)

Xaar (April 2022)

Xaar - Surprise profit in H2 21 (February 2022)

Xaar (October 2021)

Xaar - China strong; ceramic and glass revenue up 26% in H2 (August 2021)

Xaar (January 2015)

Xaar (October 2014)

Xaar (September 2014)

Xaar (August 2014)

Xaar - Head of thin film R&D puts his money where his mouth is (July 2014)

Xaar - Collecting cash as it mulls P4 opportunity (October 2013)

Xaar - Four forecast upgrades this year (July 2013)

Xaar - Gain to date: 132% (May 2013)

Xaar (February 2012)

Xaar (December 2011)

Xaar - P3 printhead capacity to rise from 16k units to 25k by year end (September 2011)

Xaar (August 2011)

Xaar (April 2011)

Xaar (February 2011)

Xaar - Four-fold upgrade to capacity planned (December 2010)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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