XAAR PLC (XAR) — Interim Results

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the XAR PLC Interim Results Presentation. Throughout the quarter presentation, investors will be in listen only mode. Questions are encouraged, and they can be submitted at any time via the Q and A tab situated at the right corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question received in the meeting itself. Have the company come with questions submitted today and publish responses to it as appropriate to do so. Before we begin, I'd like to make the following poll. We'll now play a prerecorded presentation and open up for live q and a at the end. Good morning, and welcome to XAR's 2025 interim results presentation. My name is John Mills, and I'm pleased to be joined by our CFO, Paul James. This morning, we will provide an overview of what has been a promising start to the year. Paul will provide details of the financial performance before I present an update of our key market opportunities, namely EV battery coating, automotive coating, and desktop three d printing. I will then provide an outlook for the rest of the current year followed by concluding remarks and an opportunity to ask questions. So before handing over to Paul, I am pleased to say that the group continues to make strategic progress with continued recognition of our differentiated technology in our target end markets. And this is perhaps best illustrated by the 96% year on year growth in new print head business revenue. This was generated from the sale of print heads used in OEM products that have launched since 2019. In h one, forty nine percent of our total print head revenue was attributed to this new business. The most substantial progress made during this period was in the jewelry wax market...