Xaar (LON:XAR) - Watch the label

Tuesday, Mar 24 2009 by

Mar 24th 2009 - Edison Investment Research today published a report on Xaar (XAR.L, LSE:XAR, LON:XAR) entitled "Watch The Label". In summary, the report says:

Over the last 12 months Xaar has been impacted by more competitive intent by a Chinese licensee as well as the macroeconomic backdrop. However, the group has a leading market position, £11m of cash and importantly the new Platform 3 product range has shown excellent initial success in a major new market.




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Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »