Xaar – executive interview

In this interview, John Mills, CEO of Xaar, outlines the steps management has taken to transform the company by focusing on applications where Xaar’s ability to print high‑viscosity, high‑pigment‑load fluids provides a clear competitive advantage. He explains how the business has significantly diversified its market exposure and now operates across 21 markets, with more than 100 original equipment manufacturer (OEM) programmes at various stages of development. John highlights Xaar’s strong positioning in key growth areas, including jewellery wax printing, EV battery insulation coatings and automotive coatings. He also discusses the upcoming launch of a unique full‑colour desktop 3D printer featuring Xaar’s printheads. He notes that the decline in legacy ceramics revenue has now bottomed out, meaning growth from new applications should begin to show through more clearly in the top line. With existing factory capacity able to support more than three times current revenue, Xaar is well positioned to benefit from operating leverage and strong cash generation as volumes increase.

Xaar is a UK‑based manufacturer of industrial piezo-based drop‑on‑demand inkjet printheads and related systems, supplying OEMs globally across applications including ceramics, graphics, product decoration, packaging and advanced manufacturing.