July 8, 2019 / 6:50 AM / 11 days ago

Xaar sees lower first-half revenue

(Reuters) - XAAR Plc (XAR.L) said on Monday it expects to report a lower revenue in the first-half compared with a year earlier, hurt by inventory being returned to the industrial inkjet technology provider.

The company said it expected to report revenue of 23 million pounds for the six months ended June 30, lower than the 35.3 million pounds it reported a year earlier.

Reporting by Samantha Machado in Bengaluru; Editing by Arun Koyyur

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