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.
Xaar Plc : Margaret Rice-Jones will be appointed senior independent director .Changes are effective from 1 October 2016.