XEROS TECHNOLOGY GROUP PLC - Half year results for the period ended 30 June 2026

Xeros Technology Group PLC’s half year results for the period ended 30 June 2026 highlighted accelerating commercial progress across all three of its core technology platforms: domestic laundry care, denim finishing and microfiber filtration. Revenue in the first half included contributions from each division for the first time, while costs remained broadly in line with the prior year. Management highlighted a significant strategic development in domestic laundry, with Xeros pursuing an additional “Washing Machine 2.0” route to market that gives the Group greater control over product development, launch timelines and economics, with potential margins estimated at two to four times those available under its traditional licensing model. Alongside this, its North American washing machine partner has reached an initial development milestone, while two additional global top-10 OEMs remain in active technology verification. In filtration, Xeros has achieved a key commercial milestone with its microfiber filtration device now available through MediaMarkt, with further distribution expected through Russell Hobbs and prospective partners across the Nordics, US and global markets. Denim finishing machine placements have exceeded plan across Pakistan, Turkey, Egypt and Bangladesh, with further installations planned in India and Sri Lanka and a first major brand collaboration nearing completion. Looking ahead, management sees growing revenue visibility, continued commercial conversion and potential regulatory tailwinds from expected microfiber filtration standards in 2027. With approximately £2.0m of year-end 2026 cash forecast by its broker, Xeros remains focused on expanding distribution, increasing licensing and royalty revenue, and building the foundations for scalable long-term growth.