Well worth having a few of these in the portfolio. Digital printing and printers is the future and Xaar with an excelent product offering and a very capable management team are well worth backing. Xaar is certainly recovering from the fall out in the dot com era and is looking financialy very strong.
More to come.

PLEASE DYOR

cheers GF.

StockMarketWire.com
Inkjet printing technology group Xaar swung to a first-half loss and cut its dividend, amid an ongoing decline in its legacy ceramics business and a slower-than-expected update of new products.

Pre-tax losses for the six months through June amounted to £1.1m, compared to profits of £5.7m on-year.

Revenue slumped 20% to £35.3m.

The company declared an interim dividend of 1.0p per share, down from 3.4p on-year.

'The long term opportunity for Xaar remains very significant, but trading continues to be impacted by the aggressive decline in our ceramics business, and the unpredictability of the adoption of our new products,' chief executive Doug Edwards said.

'Despite these headwinds, we are continuing to hit important strategic milestones for our transformation across our three business units, where Xaar owns world-leading technology.'