Company Overview and News

XTEK commercialising two new product lines in a favourable market environment

XTEK Ltd (ASX:XTE) managing director Philippe Odouard tells Proactive Investors that the '21st Century' homeland security specialist company is building upon its profitable traditional business with two new product lines.

XTEK confirms strong growth outlook for FY2019 following another profitable year

XTEK Ltd (ASX:XTE) has achieved an (unaudited) revenue of about $17.3 million for the year ending 30 June 2018, which is at the upper end of its guidance range and represents a significant increase from FY2017 revenue ($9 million).

XTEK grows revenue by 91% in FY18, guides to more growth in FY19

XTEK Ltd (ASX:XTE) achieved revenue of $17.2 million in FY18, up 91% on the prior year and notably in the upper end of the previously guided range of $11 to $18 million.

XTEK takes important step to commercialising product portfolio

XTEK Ltd (ASX:XTE) has received the first domestic purchase order from the Australian Defence Force (ADF) for its proprietary small arms protective insert (SAPI) plates.

XTEK reaffirms fiscal 2018 revenue guidance while broker forecasts new products to drive strong growth

The developer and manufacturer of protection, military and surveillance products continues to win new contracts in realising mid-range revenue guidance of about $14 million.

XTEK confirms FY2018 revenue guidance, company well-funded

XTEK Ltd (ASX:XTE) has achieved year to date revenue of $8.3 million and maintains its FY2018 guidance of between $11 million and $18 million.

XTEK appoints experienced investment executive to its board

XTEK Ltd (ASX:XTE) has boosted its board with the appointment of experienced investment executive Chris Fullerton as a non-executive director.

XTEK wins another million dollar contract with Australia Defence Force

XTEK Ltd (ASX:XTE) has received a purchase order from the Australian Defence Force (ADF) worth A$1.4 million.

XTEK director increases stake through on-market purchase

XTEK Ltd (ASX:XTE) director Uwe Boettcher has demonstrated his confidence in the company’s strategy by increasing his shareholding.

Xtek poised for rapid near-term growth following major contract wins

XTEK Ltd (ASX:XTE) is well positioned for rapid near-term revenue growth in 2018 after finishing the 2017 calendar year with record orders in hand of $42 million, the highest in the history of the company.

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