REG - Xaar PLC - NOTICE OF RESULTS AND UPDATE ON TRADING

XaarAnnouncement

30/07/2024 07:00

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RNS Number : 2941Y  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                              +44 (0) 1223 423 663
 Ian Tichias, Chief Financial Officer
 John Mills, Chief Executive Officer

 Teneo                                 +44 (0) 207 353 4200
 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.

 

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