Xaar plc

Xaar plc designs, develops, manufactures, markets, and sells industrial printheads and print systems across Europe, the Middle East, Africa, Asia, and the Americas. It operates through four segments: Printhead, Product Print Systems, Digital Imaging, and Ink Supply Systems. Its offerings include printhead products, digital imaging solutions such as digital inkjet label presses and digital pathology scanners, industrial fluid management systems for digital inkjet, electronic products, print engines, evaluation kits, and system components including ink system test kits, hydra fluid management systems, Midas HV HFR fluid management systems, and inkjet development systems. These products are used in applications such as 3D printing, advanced manufacturing, ceramic tile decoration, coding and marking, decorative laminates, direct-to-shape, functional fluid deposition, primary packaging and labels, glass printing, graphics, textiles and specialty fabrics, and product printing. The company was founded in 1990 and is based in Cambridge, the United Kingdom.

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Xaar H1 2026 Earnings: Revenue Up 9.2%, Profit Returns

Xaar PLC reported a 9.2% year-on-year increase in group revenue on a like-for-like basis for the first half of fiscal 2026, with printhead revenue up 5.5%. Adjusted profit before tax was GBP 0.2 million, compared to a loss of GBP 0.7 million in the prior year, and gross margin improved by 220 basis points. The company's Megajet revenue rose 27% year-on-year, ceramics and glass revenue increased 11%, and Wi-Fi, graphics, and labels revenue grew 8%. Adjusted free cash flow was an outflow of GBP 4.3 million, primarily due to inventory build-up for the upcoming FlashForge desktop 3D printer launch, which has been delayed by technical issues but is expected within months. Xaar has expanded its credit facilities to GBP 20 million to support growth initiatives.

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