{"id":68485,"date":"2019-07-29T13:10:38","date_gmt":"2019-07-29T05:10:38","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/slm-solutions-reports-challenging-2017-fiscal-year-despite-85-4-increase-metal-3d-printer-orders.3dm"},"modified":"2019-07-29T13:10:38","modified_gmt":"2019-07-29T05:10:38","slug":"slm-solutions-reports-challenging-2017-fiscal-year-despite-85-4-increase-metal-3d-printer-orders","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/slm-solutions-reports-challenging-2017-fiscal-year-despite-85-4-increase-metal-3d-printer-orders\/","title":{"rendered":"SLM Solutions reports challenging 2017 fiscal year despite 85.4% increase metal 3D printer orders"},"content":{"rendered":"<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<div class=\"dpsp-total-share-wrapper\"><span class=\"dpsp-total-share-count\">158<\/span><span>shares<\/span><\/div>\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">154<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">4<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">0<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p><span style=\"font-weight: 400;\">After a shaky start, Germany\u2019s <\/span><span style=\"font-weight: 400;\">SLM Solutions<\/span><span style=\"font-weight: 400;\">, industrial additive manufacturing system manufacturers, reports a stronger conclusion for the second half of 2017.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In total, 241 industrial 3D printers were ordered by SLM Solutions&#8217; customers, compared to 130 machines in the previous year. This is a remarkable 85.4% increase in unit numbers. The value of these 3D printer orders is \u20ac169k, approximately $210k (2016: \u20ac80k, $99k).<\/span><\/p>\n<figure id=\"attachment_96628\" style=\"width: 693px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-96628\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/Screen-Shot-2016-10-05-at-18.02.13.png\" alt=\"SLM Solutions Logo in Laser. Photo by Michael Petch.\" width=\"693\" height=\"384\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/Screen-Shot-2016-10-05-at-18.02.13.png 693w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/Screen-Shot-2016-10-05-at-18.02.13-200x111.png 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/Screen-Shot-2016-10-05-at-18.02.13-500x277.png 500w\" sizes=\"(max-width: 693px) 100vw, 693px\" \/><figcaption class=\"wp-caption-text\">SLM Solutions Logo in Laser. Photo by Michael Petch.<\/figcaption><\/figure>\n<p><b>Record breaking year for orders of metal 3D printers<\/b><\/p>\n<p><span style=\"font-weight: 400;\">In October 2017, we reported on an significant <\/span><span style=\"font-weight: 400;\">order for 70 SLM280 metal additive manufacturing systems<\/span><span style=\"font-weight: 400;\"> from an unnamed customer in Asia. This valuable contract broke the previous record for largest order at SLM Solution &#8211; that was only set in the previous month. That order in September 2017 was a <\/span><span style=\"font-weight: 400;\">\u20ac43 million contract<\/span><span style=\"font-weight: 400;\"> for 20 machines.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Uwe B\u00f6gershausen, CFO and Speaker of the Management Board of the Company, commented, \u201cSLM succeeded in realising revenue growth of about 2% in a challenging 2017 fiscal year after our revenues were down by 13.5% at the end of the first half 2017 compared year on year.\u201d<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">We take the strong tailwind from the second half 2017 into the 2018 fiscal year. I would also like to point out that we have achieved a significantly higher EBITDA in the fourth quarter 2017 compared year on year with comparable revenues. This shows that from an operational perspective we are on the right way. Thanks to the long-term frame agreements signed in 2017, we now have plannable revenues for the fiscal years 2018, 2019 and 2020. We are convinced that our outstanding technology can enable us to achieve considerably higher growth rates in future. Such development will then also positively influence earnings to two digit EBITDA margins.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">The revenue growth translates as \u20ac82k ($102k) in consolidated revenue for SLM Solutions in 2017, slightly undershooting the adjusted revenue forecast issued in November. However, the metal additive manufacturing enterprise did hit their revised EBITDA margin forecast.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For the coming year, SLM Solutions appears to be in a strong position with multiple long-term agreements and customer cooperation arrangements in place for the coming one year and three years horizon.<\/span><\/p>\n<figure id=\"attachment_124924\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-large wp-image-124924\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/slm_800_messestand-1024x683.jpg\" alt=\"SLM Solutions SLM 800 3D printer. Photo via SLM Solutions.\" width=\"1024\" height=\"683\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/slm_800_messestand-1024x683.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/slm_800_messestand-150x100.jpg 150w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/slm_800_messestand-770x513.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/slm_800_messestand-200x133.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/slm_800_messestand-500x333.jpg 500w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/slm_800_messestand.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-caption-text\">SLM Solutions SLM 800 3D printer. Photo via SLM Solutions.<\/figcaption><\/figure>\n<p><b>SLM Solutions moving on from failed GE takeover<\/b><\/p>\n<p><span style=\"font-weight: 400;\">CFO B\u00f6gershausen gave further insight into the results, \u201cThe 2017 fiscal year, especially the first half, was still dominated by the failed take-over approach at the end of 2016. The very positive development during the second half of 2017 as well as the order intake with a total volume of around 169 Million Euro, which was more than doubled compared to 2016, allow us to look ahead on 2018 fiscal year very positively.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The GE deal was scuppered by activist <\/span><span style=\"font-weight: 400;\">U.S. hedge fund Elliott Advisors<\/span><span style=\"font-weight: 400;\"> who hoped to increase the initial acquisition price offered by GE. Instead, GE turned their attention to Concept Laser. SLM Solutions would later replace their then CEO Markus Rechlin.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For fiscal 2018, SLM Solutions forecasts consolidated revenue in the region of \u20ac125k, at this level an adjusted EBITDA margin (in relation to consolidated revenue) will be in the two-digit range. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The full SLM Solutions Group AG Annual Report for the 2017 fiscal year will be published later today online.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can read about <\/span><span style=\"font-weight: 400;\">SLM Solutions expectations for the future of 3D printing<\/span><span style=\"font-weight: 400;\"> here.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Our readers have nominated SLM Solutions for a <\/span><i><span style=\"font-weight: 400;\">2018 <a href=\"\/service\/3d-printing\"> Industry Award<\/span><\/i><span style=\"font-weight: 400;\">. Make your vote now.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Our <\/span><i><span style=\"font-weight: 400;\"><a href=\"\/service\/3d-printing\"> Jobs<\/span><\/i><i><span style=\"font-weight: 400;\"> service is now live. Post a job or advance your career in 3D printing now. <\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Protolabs<\/span><\/i><i><span style=\"font-weight: 400;\"> is sponsoring the 2018<\/span><\/i><i><span style=\"font-weight: 400;\"> <a href=\"\/service\/3d-printing\"> Industry Awards design competition.<\/span><\/i><i><span style=\"font-weight: 400;\"> Enter now for the chance to win a 3D printer.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Keep up to date with the latest medical applications of 3D printing. Subscribe to the <\/span><\/i><i><span style=\"font-weight: 400;\"><a href=\"\/service\/3d-printing\"> Industry newsletter<\/span><\/i><i><span style=\"font-weight: 400;\">, follow us on <\/span><\/i><i><span style=\"font-weight: 400;\">Twitter<\/span><\/i><i><span style=\"font-weight: 400;\"> and like us on <\/span><\/i><i><span style=\"font-weight: 400;\">Facebook<\/span><\/i><i><span style=\"font-weight: 400;\">.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>158shares 154 4 0 After a shaky start, Germany\u2019s SLM Solutions, industrial additive manufacturing system manufacturers, reports a stronger conclusion for the second half of 2017. In total, 241 industrial 3D printers were ordered by SLM Solutions&#8217; customers, compared to 130 machines in the previous year. This is a remarkable 85.4% increase in unit numbers. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182549,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/Screen-Shot-2016-10-05-at-18.02.13.png","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170],"class_list":["post-68485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>SLM Solutions reports challenging 2017 fiscal year despite 85.4% increase metal 3D printer orders - FacFox News<\/title>\n<meta name=\"description\" content=\"158shares15440After a shaky start, Germany\u2019s SLM Solutions, industrial additive manufacturing system manufacturers, reports a stronger conclusion for the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/facfox.com\/news\/slm-solutions-reports-challenging-2017-fiscal-year-despite-85-4-increase-metal-3d-printer-orders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SLM Solutions reports challenging 2017 fiscal year despite 85.4% increase metal 3D printer orders\" \/>\n<meta property=\"og:description\" content=\"158shares15440After a shaky start, Germany\u2019s SLM Solutions, industrial additive manufacturing system manufacturers, reports a stronger conclusion for the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/facfox.com\/news\/slm-solutions-reports-challenging-2017-fiscal-year-despite-85-4-increase-metal-3d-printer-orders\/\" \/>\n<meta property=\"og:site_name\" content=\"FacFox News\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-29T05:10:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/Screen-Shot-2016-10-05-at-18.02.13.png\" \/>\n<meta name=\"author\" content=\"edi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/Screen-Shot-2016-10-05-at-18.02.13.png\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"edi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/facfox.com\/news\/slm-solutions-reports-challenging-2017-fiscal-year-despite-85-4-increase-metal-3d-printer-orders\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/facfox.com\/news\/slm-solutions-reports-challenging-2017-fiscal-year-despite-85-4-increase-metal-3d-printer-orders\/\"},\"author\":{\"name\":\"edi\",\"@id\":\"https:\/\/facfox.com\/news\/#\/schema\/person\/30c6618bf20fcdd6af222ac673dfd857\"},\"headline\":\"SLM Solutions reports challenging 2017 fiscal year despite 85.4% increase metal 3D printer orders\",\"datePublished\":\"2019-07-29T05:10:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/facfox.com\/news\/slm-solutions-reports-challenging-2017-fiscal-year-despite-85-4-increase-metal-3d-printer-orders\/\"},\"wordCount\":620,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/facfox.com\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/facfox.com\/news\/slm-solutions-reports-challenging-2017-fiscal-year-despite-85-4-increase-metal-3d-printer-orders\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/Screen-Shot-2016-10-05-at-18.02.13.png\",\"keywords\":[\"3dprint\",\"3dprinting\"],\"articleSection\":[\"Aerospace\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/facfox.com\/news\/slm-solutions-reports-challenging-2017-fiscal-year-despite-85-4-increase-metal-3d-printer-orders\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/facfox.com\/news\/slm-solutions-reports-challenging-2017-fiscal-year-despite-85-4-increase-metal-3d-printer-orders\/\",\"url\":\"https:\/\/facfox.com\/news\/slm-solutions-reports-challenging-2017-fiscal-year-despite-85-4-increase-metal-3d-printer-orders\/\",\"name\":\"SLM Solutions reports challenging 2017 fiscal year despite 85.4% increase metal 3D printer orders - 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