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:
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Xaar
plc
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+44 (0) 1223 423
663
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Ian Tichias, Chief Financial
Officer
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John Mills, Chief Executive
Officer
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Teneo
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+44 (0) 207 353 4200
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Giles Kernick
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Olivia Lucas
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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.