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With the second financial quarter of 2017 having wrapped up on June 30, now is the time when we start to see some numbers. From SLM Solutions, to ExOne, to Materialise, it's financial roundup time! EOS and Sciaky provide some non-financial respite.
Germany-based metal 3D printing specialist SLM Solutions has reported its financial results for the first half (H1) of 2017. The numbers are mixed.
Report - Company - Revenue - % - Half
According to the report, the company’s revenue was down 13.5% in the first half of 2017 compared to H1 2016 (to 29 million from 33.5 million euros). Despite this comparative dip in revenue, the company says its new order intake has grown 17.9% to 35.3 million euros from 30 million in 2016.
As the overall number of machines ordered dropped to 47 in H1 2017 (from 56 in H1 2016), the increase in order revenue shows a trend towards buying higher-performance and higher-value machines.
Manufacturing - Importance - Companies - Uwe - Bögershausen
“Additive manufacturing is becoming increasingly accepted and has meanwhile achieved strategic importance for major industrial companies,” stated Uwe Bögershausen, a member of SLM Solutions executive board. “We are benefiting from this trend and booked our largest individual order in the company's history in June 2017. We continue to experience major interest in our systems.”
“Partially due to some customers' wait-and-see attitude, the interest in our machines cannot be translated immediately into deliveries. We assume, however, that this trend is temporary and as we did in the past we will continue to focus on promoting strategic partnerships with our customers.”
Report - Company - EBITDA - Earnings - Interest
The report also shows that the company’s adjusted EBITDA (earnings before interest, tax, depreciation, and amortisation) for the first half of 2017 equalled -4.5 million euros (compared to -1 million euros in H1 2016). The adjusted EBITDA margin in relation to consolidated revenue was -15.6%.
Metal 3D printing company Sciaky, Inc., best known for its Electron Beam Additive Manufacturing...
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