Updates

Xaar - Prospects for Aquinox seem red hot

April 2023

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.

I spoke to CEO John Mills after Xaar put out FY22 results. These showed sales up 23% to £72.8m (8% organic before the contribution from FFEI and Megnajet acquisitions) with China lockdowns impacting its Ceramics sector printhead sales. Pretax profit was £1.8m despite continuing investment in the business. Results had been pre-flagged (see Feb issue) so I won’t really dwell on them but instead highlight two key operational changes that have now been completed for its printhead business. Firstly, Q1 saw Xaar reconfigure two of its four cleanrooms as non cleanroom space to be used for other processes. As cleanrooms typically need the air replaced every six minutes, this move is about saving electricity and modernising the printhead ...

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Warpaint

Yu Group

Xaar (January 2024)

Xaar (August 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 - Xaar Thin film P4 printheads to launch in 2016 (September 2015)

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)

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