Xaar (LON:XAR) - Ceramics demand drives record H1
Aug 16th 2012 - Edison Investment Research today published a report on Xaar (XAR.L, LSE:XAR, LON:XAR) entitled "Ceramics Demand Drives Record H1". In summary, the report says:
Continued uptake by the ceramics industry drove growth of 20% in H1, despite continued competitive pressure in graphic arts. With the capacity expansion now complete and two major Chinese OEMs set to start shipping in H2, the company looks on track to deliver the 30% earnings growth forecast for this year and next.
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