Lübeck, Germany, August, 2015 —SLM Solutions Group AG, a leading provider of metal-based additive manufacturing technology (3D printing technology), confirms its current-year corporate forecasts and concludes a successful first half of 2015.
The CFO of SLM Solutions Group AG, Uwe Bögershausen, expressed his satisfaction with the results, “Compared with the previous year, we report significant growth in our revenue during the first six months of the year. This growth is all the more pleasing considering that the first half of the year tends to be weaker, and we anticipate most of our business in 2015 to be realized towards the year-end. On a full-year view, we continue to project new order intake of more than 100 machines.”
The company received orders during the first half of 2015, almost three times the previous year 2014. New order intake comprises 40 machines (previous year: 20 machines), including eight editions of the flagship system, SLM® 500HL (previous year: two), 25 editions of the SLM® 280HL (previous year: 13) and seven editions of the SLM® 125HL (previous year: five).
Dr. Markus Rechlin, CEO of SLM Solutions Group AG, explained business trends, “Focus on the core of our business with Selective Laser Melting® technology is paying off. Key sales revenue drivers include a high number of new orders from existing customers, and many multi-machine orders from industrial customers as well as contract manufacturers. Our new order intake also reflects a greater proportion of multi-laser machines that achieve greater build speeds for manufacturing production environments. The after-sales business, which also includes metallic powders, comprises a further strategic focus.”
Total operating revenue (sum of revenue, inventories of finished goods and work-in-progress, and work performed by the enterprise and capitalized) of EUR 25.1 million was up by 85.7 %, in line with the higher business volumes (previous year: EUR 13.5 million). The cost of materials ratio (as % of total operating revenue) of 56.4 % was at a comparable level to the previous year’s 57.6 %. Additionally, the number of employees as of June 30, 2015 nearly doubled compared with the previous year’s reporting date from 94 to 184 individuals; with the strongest concentration of hiring in R&D.
Dr. Rechlin added further about SLM Solutions’ current position, “The global market for additive manufacturing has grown by an average of 34 % over the past years, and it is set to reach a level of USD $22 billion by 2020, according to sector experts. We aim to grow at least as fast as the market, and better yet, would like to outpace this growth on a regular basis. In such a dynamic market environment, we do not think it exaggerated to speak of a new industrial revolution. We aim to continue to shape and design this revolution as a technology leader.”
About SLM Solutions Group AG
SLM Solutions Group AG, Lübeck, is a leading provider of metal based additive manufacturing technology (also commonly referred to as “3D printing”). The Company’s shares are traded in the Prime Standard of the Frankfurt Stock Exchange. SLM Solutions focuses on the development, assembly and sale of machines and integrated system solutions in the field of selective laser melting, vacuum and metal casting. SLM Solutions currently employs over 180 people in Germany, the USA, and Singapore. The products are used worldwide by customers in particular from the aerospace, energy, healthcare and automotive industries. SLM Solutions stands for technologically advanced, innovative and highly efficient integrated system solutions.
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