(RTTNews) – Inkjet printing technology group Xaar plc (XAR.L) Tuesday said revenues for the first half of 2010 were ahead of the same period last year. In addition, sales of the group’s Platform 1 products have remained relatively stable, and demand for Platform 3 products has continued to increase significantly.
Xaar noted that net cash and cash equivalents at June 30 were around GBP 8.2 million, after around GBP 2.8 million of capital expenditure and GBP 0.9 million of dividends paid, while last year’s net cash and cash equivalents were GBP 10.3 million.
Result for the six months is expected to be announced on August 18.