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BRIEF-Xaar full-year pretax profit rises
March 22, 2017 / 7:17 AM / 6 months ago

BRIEF-Xaar full-year pretax profit rises

March 22 (Reuters) - Xaar Plc:

* FY pretax profit 17.9 million stg versus 13.6 million stg year ago

* Total revenue grew by 3 pct in 2016 to 96.2 million stg (2015: 93.5 million stg)

* FY net cash reduced by 20.4 million stg to 49.3 million stg (2015: 69.7 million stg)

* Adjusted operating profit margin of 20 pct achieved for year (2015: 22 pct)

* Our vision is to grow annual revenues to 220 million stg by 2020 - CEO Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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