The digital inkjet technology developer expects to report total revenue for the year of approximately £93.5m.
The positive projection comes despite the anticipated softening in demand for ceramic tile printing in China, as revenue growth in packaging helps to offset it.
As a result of improved operating efficiency at Xaar’s manufacturing sites in Sweden and Huntingdon, UK, it now expects to deliver an adjusted operating margin of 20% in 2015.
The company’s preliminary results for 2015 are expected to be announced on 16 March.
Xaar recently announced a new family of piezoelectric printheads for printer manufacturers (OEMs) developing machines for coding and marking applications.
The new printheads (launching later this year) will all have a 17mm print swathe, suitable for high-resolution coding and marking applications such as printing barcodes, best before dates and other product identification codes onto a range of packaging.