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.

I mean thanks for posting hurry at

Harrycat. Damn autocorrect

LONDON (Sharecast) - (ShareCast News) - Shares in inkjet printer company Xaar were up after the company posted a drop in pre-tax profit but better margins.
At 1444 BST shares had gained almost 10% to 495.25p.

Xaar reported a first half pre-tax profit of £9.1m, reduced from £16.1m in the first half of last year but ahead of the £8.5m in the six months immediately prior.

Revenue dropped to £47.8m from £60.4m in the first half of 2014 or £48.8m in the second half of 2014.

Operating margins were 19% on an adjusted basis, which was stronger than the board expected at the beginning of the year.

Dividend per share was up, at 3.15p from 3p in the same period last year.

Chairman Phil Lawler said the company had achieved stability after a challenging 2014, and intended to return to growth next year.

"Although visibility of demand remains limited, particularly in China, based on the sales performance in the first half of the year the board expects 2015 full year revenue to be in the range of £92-95m," Lawler said.

Investec, whose rating on the stock was under review, said Xaar's first half profit outturn was better than expected off the stronger gross margin.

results next time round, as stated usually s/p to fall beware , now top heavy
broker targets ect but if buying continues, sucked in who knows, 600p ? BB

30 sept s/p 560 forcast rev f year 92 m eps 18 ( 27 ) in 2014 directors sell
aug 2015 @ 479 I say again s/p top heavy.

still falling the china drop off, effect on profit next results flat to decrease
s/p 428p today , . to fall further will not have any at this price BB

StockMarketWire.com
Xaar is to invest with Stratasys, a global leader in additive manufacturing, in a newly formed company, Xaar 3D Limited, to develop 3D printing solutions based on High Speed Sintering technologies.

Xaar 3D Ltd will leverage the natural synergies between Xaar and Stratasys, specifically Xaar's technology relating to High Speed Sintering and industrial piezo inkjet printheads, along with the commercial and market expertise of Stratasys.

Xaar will hold 85% of Xaar 3D Ltd shares with Stratasys holding 15%. In addition, Stratasys has been granted an option to increase its ownership in Xaar 3D Ltd to a total of 30%. Xaar 3D Ltd will hold all of Xaar's High Speed Sintering assets. The new company's board will be chaired by Xaar CEO, Doug Edwards.

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.'