Inkjet printing technology group Xaar has announced its audited results for the year ended December 31, 2007. Key points includes a 13 per cent increase in turnover, to £47.9M and a pre-tax profit up by 6 per cent after providing for the early stage losses of the new Huntingdon manufacturing facility. Chairman Phil Lawler stated: “Xaar is well positioned to capitalize on the progressive shift from analogue to inkjet technology based printing – a trend which is gathering momentum within specialist and mainstream printing markets.”
Xaar Tel: +44 (0)207 367 8888 www.xaar.com