Lübeck, Germany, November, 2015 — SLM Solutions Group AG, a leading provider of metal-based additive manufacturing technology (3D printing technology), achieved significant sales growth during the first nine months of 2015 and further bolstered its dynamic intake of new machine orders.
- Revenue growth of 80% in 2015 nine-month period to reach TEUR 33,925 (previous year: TEUR 18,842)
- New order intake up by 111.5 % to TEUR 41,766 as of September 30, 2015
- High visibility: Revenue and order bookings after nine months already close to 2015 revenue target range
Uwe Bögershausen, CFO of SLM Solutions, expressed his satisfaction with these developments, “The third quarter proved very gratifying and reflected a strong course continuation of our year-to-date. We have relocated the production of our flagship SLM®500HL to a new workshop hall, and optimized the technical features of this system for large-scale complex metal part construction. Following on from nine orders of the SLM 500HL during the reporting period, we anticipate a stronger level of new order intake during the fourth quarter.”
During the equivalent period of the previous year, three orders were placed for the SLM 500HL. The Luebeck-based company also received 13 orders for the SLM®125HL and 42 orders for the SLM®280HL during the first nine months of 2015 (previous year: six SLM 125HL and 27 SLM 280HL).
New customers include Toyota Central R&D Labs, which ordered a SLM 280HL with many additional options. Overall, SLM Solutions received 64 orders, almost 78 % more than during the first nine months of 2014 (previous year: 36). The value of the machines ordered amounted to TEUR 41,766, an increase of 111.5 % (previous year: TEUR 19,743).
Dr. Markus Rechlin, CEO of SLM Solutions, sees the company on a successful track during 2015, “We are drawing ever closer to our revenue target of at least EUR 55 million for 2015. Adding the order bookings after the first nine months the year to the revenue generated during the reporting period, we have almost achieved this amount at EUR 54.3 million. We consequently expect to reach the upper end of our guidance range of EUR 55 to 60 million, or even exceed it, by the year-end.”
Additionally, Rechlin looks forward to the fourth quarter, which experience shows to be the strongest of the year’s four quarters: “We anticipate a further boost to our order book position to coincide with the formnext exposition and conference in Frankfurt this November.”
The SLM Solutions report for the first nine months of the year is available from today in both German and English from www.slm-solutions.com under the “Investor Relations” menu option.
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.