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.

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.

Moving up nicely very nicely.

Subscribers to SCSW say it was given a storming write up in the tip sheet this weekend.

A lot more to come they say and diversifying into other forms of printing.

Could be a stonker of a stock this one with the digital printing.

Cracker of a day.

More to come.

Expecting another cracking day tomorrow.

sp hits £10+ what a winner!

Incredible.

XAR Broker Targets.

Date Company Name Broker Rec. Price Old target price New target price Notes
17 Apr 14 Xaar PLC Jefferies International Buy 806.50 1,265.00 1,170.00 Reiterates
16 Apr 14 Xaar PLC Numis Buy 806.50 1,200.00 1,200.00 Upgrades
16 Apr 14 Xaar PLC Investec Buy 806.50 960.00 960.00 Upgrades
16 Apr 14 Xaar PLC N+1 Singer Corporate 806.50 - - Reiterates
16 Apr 14 Xaar PLC Finncap Hold 806.50 900.00 900.00 Retains
19 Mar 14 Xaar PLC Investec Add 806.50 1,180.00 960.00 Retains

StockMarketWire.com
Xaar Plc said visibility into 2015 is low and, as a result of the information available to it concerning the ceramic tile market in China, the group plans to take action to reduce costs in anticipation of total revenue for the year being below £100m.

"Monitoring of the ceramic tile market in China has indicated a further decline in activity resulting in excess manufacturing capacity being idled," the company said.

"As a consequence, forecast orders from Xaar's OEMs in this market for the remainder of the year have further reduced, such that the Board now expects total revenue for 2014 to be 5%-10% below the bottom of the previously announced range of £115-125 million."

It said action would be taken immediately to reduce costs in line with the reduced expectation for sales in 2015.

This was expected to result in a 15% reduction in operating expenditures, and potentially a total reduction in headcount (subject to consultation) of approximately 20% of the current global workforce of around 800 employees.

The cost reductions aim to achieve a reasonable level of financial operating performance in 2015, whilst ensuring that Xaar can fulfil its key strategic objectives.

In August, Xaar said demand for it products from the ceramic tile market had softened during Q3 as a result of a slowdown in construction activity in China.

"The Company's exposure to China is significant, as almost half of the world's ceramic tile output is reported as manufactured and consumed in China. Revenue into the global ceramic tile market represented around two thirds of the Group's sales in 2013."