NOTICE OF RESULTS AND UPDATE ON TRADING

Xaar PLC

30 July 2024

 

30 July 2024 

Xaar plc

NOTICE OF RESULTS AND UPDATE ON TRADING

Xaar plc ("Xaar" or "the Group"), the leading inkjet printing technology group, will announce its interim results for the six months ended 30 June 2024 on 18 September 2024.

Trading for the period continued to reflect the previously reported challenging market conditions and is in line with expectations, with revenue expected to be approximately £29 million (H1 2023: £34.5 million). The Group remains well capitalised with net cash at 30 June 2024 of £6.8 million (31 December 2023: £5.7 million).

Enquiries:

Xaar plc	[phone]
Ian Tichias, Chief Financial Officer
John Mills, Chief Executive Officer
Teneo	[phone]
Giles Kernick
Olivia Lucas

Forward-looking statements

This announcement may include statements, beliefs or opinions that are, or may be deemed to be, "forward-looking statements". These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "targets", "aims", "continues", "expects", "intends", "hopes", "may", "will", "would", "could" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. No representation or warranty is made that any of these statements or forecasts will come to pass or that any forecast results will be achieved. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements contained in the announcement speak only as of their respective dates, reflect Xaar's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to Xaar's business, results of operations, financial position, liquidity, prospects, growth and strategies.

Except as required by any applicable law or regulation, Xaar expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this announcement or any other forward-looking statements it may make whether as a result of new information, future developments or otherwise.

 

END