13th Jul 2016 07:08
LONDON (Alliance News) - Xaar PLC on Wednesday said it traded in line with its expectations in the first half of 2016.
The digital inkjet printing technology company expects to report revenue of GBP44 million for the half year to end-June, compared to GBP47.8 million a year earlier.
Xaar agreed to acquire Engineered Printing Solutions earlier this month, which it said is the first part of its plan to achieve sales of GBP220 million by 2020.
Xaar expects to report its first-half results on August 24.
Shares in Xaar were down 0.1% at 462.75 pence early Wednesday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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