Xaar PLC 2024 AR2
The report highlights Xaar plc's strategic and financial performance for the year ended 31 December 2024. The company delivered a solid performance against a tough market backdrop, with revenue declining 13% to #61.4 million, primarily due to a faster than anticipated drop-off in ceramics revenue and trading challenges at EPS. However, new Printhead business grew 23% to #18.9 million, and the Group maintained a strong balance sheet with a net cash position of #8.7 million. Xaar also launched a new ESG Roadmap, re-baselining its emissions targets to achieve Scope 1 and 2 Net Zero by 2030, a 45% reduction in Scope 3 by 2040, and Scope 3 Net Zero by 2050.
Company: Xaar PLC
Sector: Information Information Technology
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 132
Xaar PLC
Annual Report And Financial Statements
The report highlights Xaar plc's strategic and financial performance for the year ended 31 December 2024. The company delivered a solid performance against a tough market backdrop, with revenue declining 13% to #61.4 million, primarily due to a faster than anticipated drop-off in ceramics revenue and trading challenges at EPS. However, new Printhead business grew 23% to #18.9 million, and the Group maintained a strong balance sheet with a net cash position of #8.7 million. Xaar also launched a new ESG Roadmap, re-baselining its emissions targets to achieve Scope 1 and 2 Net Zero by 2030, a 45% reduction in Scope 3 by 2040, and Scope 3 Net Zero by 2050.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Net Zero Target
Employees