We have an ambitious vision
Our vision is to grow annual revenues to £220 million by 2020 and to £525 million by 2025. The opportunities for growth are significant; industry forecasts project the digital print market to double over the next ten years and our challenge is to expand our existing technology into new markets and to develop new technology to maximise that opportunity.
So that we remain a world leader in our industry, we invest significantly in the future;
- Over 20% of sales revenue was invested in R&D in 2016
- Over £60 million has been invested in our state of the art cleanroom production facility in Huntingdon since the plant opened in 2007.
- 2016 was another busy year at Xaar with several new product launches, the opening of a 3D printing centre in Nottingham, our first acquisition and printhead partnerships announced with Ricoh and Xerox.
We’re well positioned for growth and it’s an exciting time to be part of the Xaar team.