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.

Good article in yesterdays FT basically saying that Danahers bid was opportunistic taking advantage of the share price drop caused by the Chinese customs saga.Nice bit of exposure in the FT.

Im still in MP, just holding and waiting.

Patience will be rewarded.

Xaar shares crashed 65.5 pence to 116.5 pence today. It attributed the expected shortfall to a slowdown in sales of Xaar Platform 1 products into China and the termination of talks regarding a 'potentially significant agreement' due to adverse economic conditions.

Xaar plc ('Xaar' or 'the Group'), the inkjet printing technology group headquartered in Cambridge, is issuing the following trading update.

In the Interim Management Statement dated 15 October 2008, the Board reported lower than planned revenues in Q3 largely on account of disappointing sales of its established Platform 1 product range to original equipment manufacturers in China. Production levels were cut in line with this lower demand, with a reduced rate of overhead recovery contributing to margins and profits being below plan. At the time of that announcement, the Board expected an improved performance in Q4, 2008 but, in light of the outlook for the global economy, expressed caution.

The global economy has suffered further substantial setbacks over the past two months. Although the Group's trading levels have not deteriorated since Q3, so far in Q4 there has been no improvement on the levels achieved in Q3. Accordingly, margins and profits continue to be below plan and the results for 2008 as a whole are expected to be below current market expectations.

Weak China sales hurt Xaar - MoneyAM


Cambridge-based inkjet printing technology group Xaar said today pretax profit was 4.4m for 2008, down from 7.3m the previous year. The group said results reflect the effects of lower sales in the Chinese market and the effect of the recession.

Turnover was 42m (2007: 47.9m), while gross margin excluding restructuring costs was 50% (2007: 52%).

Earnings per share were 5.6p (2007: 8.9p) and net cash and cash equivalents at 31st December 2008 were 11m (31st December 2007: 11.9m).

A final dividend of 1.5p is recommended, making 2.5p for the year (2007: 2.5p).

Proposed rationalisation of manufacturing facilities:

Xaar said it was carrying out a phased transfer of manufacturing from Jfla, Sweden to Huntingdon, UK over a two year period.

On outlook, Chairman, Phil Lawler stated: 'Despite the unpredictable economic climate and slower than desired rate of adoption of technological change in the commercial and industrial printing market, the board remains optimistic that Xaar has the right products now and is developing the right products for the future. Most importantly, Xaar remains profitable and cash generative with a strong balance sheet including substantial net cash balances. We remain in a robust position.'

Xaar tops targets 7/6/2011

Inkjet printing specialist Xaar said revenue in the first half was ahead of its expectations, being in excess of 31m (H1 2010: 23.8m, H2 2010; 30.9m).

Sales of Platform 3 ("P3") products (which are still capacity constrained), were stronger than expected due to both productivity gains and the impact of the early stages of the capacity ramp programme. The critical stages in the capacity ramp are still to be completed as planned during the second half of 2011 and first half of 2012. Platform 1 ("P1") revenues were below the board's expectations.

Manufacturing output and the P3 capacity expansion programme have been unaffected by the disaster in Japan earlier in the year.

The Group saidit continues to maintain a strong balance sheet with net cash at end-June of 20.6m (31st December 2010 - 22m, 30th June 2010 - 8.2m).

It is Xaar's intention to pay an interim dividend, details of which will be provided at the time of the announcement of the interim results.

The full results for the six months ended 30th June 2011 will be announced on 18th August 2011.

After 6 years with Xaar, Phil Eaves, Sales and Marketing Director, has announced his intention to retire in June 2012. A process has commenced to ensure his successor is in place during Q2 2012.

BRIEF-Xaar H1 sales ahead of own view, will pay dividend
07 Jul 2011 - 07:13

LONDON, July 7 (Reuters) - Xaar PLC :

* Revenue in the first half of 2011 was ahead of the board's expectations,

being in excess of 31M

* Board's intention to pay an interim dividend

((London Equities Newsroom; +44 20 7542 7717))

Xaar (LSE: XAR.L - news) jumps 9.5 percent after the inkjet printing technology group says it expects to achieve profits in 2012 ahead of current market expectations, and it sees continued progress in 2013, leading FinnCap to repeat its "buy" rating and 320 pence target price on the stock.

"Xaar has announced better than expected Q4 sales and overall full-year margin ahead of expectations which is likely to result in a 2012 forecast upgrade of circa 12 percent," FinnCap said.

Bought into XAR ahead of results due next month DYOR.

sp continuing to move upwards.

RNS sp up 6%

RNS stunning results, sp up 13%.

Final Results

Key points:



· The record results achieved in 2012 were driven by the continuing success of Xaar's disruptive technology, particularly in the digital decoration of ceramic tiles.

· The Group has more than doubled revenue over a three year period with growth in excess of 25% for each year.

· The growth in sales in 2012 was supported by the successful completion of a £22m capacity expansion programme at Xaar's Huntingdon facility. Further capacity will now be added during 2013 to support the demand for Platform 3 products in ceramics and other applications.

· Xaar invested £8m in R&D during 2012 (9% of revenue), including a 50% growth in R&D staff, to support the Group's plans for product and technology development.

· The financial highlights were:

o Revenue was up 26% to £86.3m (2011: £68.7m);

o Gross margin improved to 47% (2011: 44%);

o Adjusted* profit before tax was up 74% to £18.4m (2011: £10.6m);

o Reported profit before tax was £15.7m (2011: £9.1m);

o Adjusted* diluted earnings per share up 88% to 20.1p (2011: 10.7p);

o Reported diluted earnings per share at 16.9p (2011: 10.4p); and

o Net cash** at 31 December 2012 was £28.9m (31 December 2011: £17.4m).





http://www.moneyam.com/action/news/showArticle?id=4557291

:-))

sp up 60p+ today, don't you wish you had some!

sp hits 500p what a winner!

wow sp nearing 600p!

Nearing 800p now!!!

10th June 2013

Xaar plc
TRADING UPDATE
Xaar plc ("Xaar" or "the Group" or "the Company"), the inkjet printing technology group headquartered in Cambridge, announces an update on current year trading.
Demand for Xaar's technology has continued to accelerate across the Industrial, Packaging and Graphic Arts sectors resulting in very strong product sales through the period January to May 2013. The strongest demand increase has again come from ceramic tile printing, where Xaar's market leading technology is driving the digitalisation of ceramic tile decoration worldwide. Xaar's products enable tile manufacturers to achieve superior image quality, reduced cost, and increased process flexibility when compared to the incumbent analogue process.
This higher level of sales performance is now expected to continue through the remainder of the year and, as a result, the Board has increased its expectations for 2013 revenue. The Board now expects full year revenue for 2013 to grow approximately 50% above the GBP86.3 million achieved in 2012.
Xaar is accelerating investment in R&D to expand the conversion potential of analogue processes to digital inkjet across a range of markets, and now expects to spend over GBP12 million in 2013 on R&D. Whilst the growth in R&D spend is expected to broadly match the percentage increase in revenue, the Board anticipates that in 2013 revenue will grow at a higher rate than the increase in total operating expenditure, which will result in a very strong operating margin for the year.
The interim results for 2013 are expected to be announced on Thursday 29(th) August 2013

Investec Buy 769.75 490.00 730.00 Reiterates

sp 806p up 26% after very positive RNS.