CAMBRIDGE, UK - Xaar plc, a global leader in inkjet printing technology, has announced its intention to publish a trading update for the year ending December 31, 2024, on January 15, 2025. The Cambridge-based company, which specializes in the development of digital inkjet printheads and technologies, serves a wide array of markets, including graphics, packaging, and advanced manufacturing.
Xaar's technology is known for its precision in depositing inks and fluids, a capability that is critical across various applications such as product decoration, textile printing, and 3D printing. The company prides itself on its collaborative approach, working closely with original equipment manufacturers (OEMs) and under direct imaging (UDI) customers to enhance production processes and outcomes.
With a history spanning over three decades, Xaar has accumulated approximately 200 patents, either registered or pending, highlighting the company's commitment to innovation and its role in driving sustainable manufacturing techniques. This emphasis on research and development has positioned Xaar as a trusted partner in the industry, with operational sites across Europe and China.
The forthcoming trading update is anticipated to provide insights into the company's financial performance and operational progress throughout the year. The company's CEO, John Mills, and Interim CFO, Paul James, will likely be at the forefront of the discussion, detailing the company's achievements and outlook.
Investors and stakeholders in the inkjet printing technology sector are advised to look for the publication of Xaar's trading update in mid-January, which will offer a comprehensive overview of the company's performance over the past year. This information is based on a press release statement from Xaar plc.
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