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Edge20 Mar 2026
Tetra Pak: The Shape of Innovation
The story of Tetra Pak, the Rausing family, and how a paper tetrahedron gave rise to a company that now delivers almost 180 billion packages a year.
Xaar
Xaar (XAR) investor relations material
Xaar Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 TU earnings summary14 Jan, 2026
Executive summary
Revenue for the year ended 31 December 2025 is expected to rise 16.6% on a like-for-like basis to £60.3 million.
Growth driven by newer products and markets, especially jewellery wax, while core ceramics remained stable.
Printhead revenue increased by 28.9%.
Adjusted profits for the full year are anticipated to be marginally ahead of expectations.
Financial highlights
Gross margins improved due to higher volumes and cost control.
Year-end net cash position is approximately £4.8m, down from £8.2m in 2024, after £3.1m in capital investment.
Outlook and guidance
Board remains optimistic about future opportunities from new applications beyond core ceramics, despite timing uncertainties.
Explain nominal revenue drop vs LFL growth
Drivers for net cash reduction to £4.8m
What is the scale of new application opportunities?
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Latest events from Xaar
- Revenue fell 17% but new markets and OEM launches drive optimism for future growth.XAR
H1 202420 Jan 2026 - New business up 23% offsets legacy decline; cash and new markets support medium-term growth.XARH2 202424 Dec 2025
- Printhead new business up 96% drove 7% revenue growth; outlook remains positive.XARH1 202523 Nov 2025
- Xaar to announce its 2024 full year trading update on 15 January 2025.XARTrading Update13 Jun 2025
- Revenue drops to £29m amid challenges, but net cash rises to £6.8m.XARTrading Update13 Jun 2025
Next Xaar earnings date
H2 202524 Mar, 2026
Xaar
Next Xaar earnings date
H2 202524 Mar, 2026
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