Lübeck, Germany, January 15, 2015 — As 2014 came to a close, SLM Solutions Group AG, leading provider of metal based additive manufacturing technology (also commonly referred to as “3D printing”), exceeded their expectations set for the intake of new orders. As of December 17, 2014, a total of 53 machines ordered reflected 112% growth over the previous year’s level of 25 machines. Additionally, North America alone realized a 170% increase in orders over the previous year 2013.
CFO Uwe Bögershausen summarized the situation, “As expected, we received most of our orders in the third and fourth quarters. This is not only connected with our customers’ budget planning, but also with the fact that EuroMold is held in November. We were able to conclude additional business with our customers there, allowing us to once again accelerate our growth rate before the end of 2014.”
At EuroMold 2014, which took place in Frankfurt between November 24 and 28, SLM Solutions received its largest individual order in its corporate history to date, among other orders. The expert additive manufacturing company, FIT Fruth Innovative Technologies GmbH, ordered five SLM®500HL systems, SLM Solutions’ flagship machine. FIT Fruth utilizes SLM Solutions’ machines for serial production of transmission components for the automotive sector. “The fact that a contract manufacturer such as FIT Fruth awards us such a large order is genuine proof of their confidence in our technology,” added Bögershausen. “EuroMold played a decisive role in helping us to already exceed our full-year targets by mid-December.”
CEO Dr. Markus Rechlin also expressed his satisfaction stating, “Firstly, we are observing that our industrial customers are increasingly placing orders for several machines in order to deploy them in the direct manufacturing of complex components. We received a total of seven so-called multi-machine orders – compared with not a single one last year. Secondly, we are seeing repeat purchases in North America, as well as orders from new customers in growth regions such as Japan. I am particularly pleased that our flagship SLM 500HL is being ordered increasingly frequently. Thanks to its multi-laser technology, this is the most productive laser melting system on the market – and clearly, the news is spreading.”
Up until December 17, 2014, a total of eight SLM® 125HL systems had been ordered in the course of the year, as well as 35 SLM® 280HL machines, and 10 units of the largest machine; the SLM 500HL.
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 100 people in Germany and the USA. 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.
Europe & Asia
Stefan Ritt, Export Sales and Marketing Manager
SLM Solutions Group AG
Direct:+49 (0) 451 16082 – 273
Email: [email protected]
Direct: +49 (0) 611 205885-21
Eric Wencel, Marketing Manager—NA
Email: [email protected]
SLM Solutions NA, Inc.
28350 Cabot Drive, Suite 100
Novi, MI 48377, USA