{"id":68677,"date":"2019-07-29T13:13:21","date_gmt":"2019-07-29T05:13:21","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/slm-solutions-reports-e29-million-revenue-focused-on-leading-metal-additive-technology.3dm"},"modified":"2019-07-29T13:13:21","modified_gmt":"2019-07-29T05:13:21","slug":"slm-solutions-reports-e29-million-revenue-focused-on-leading-metal-additive-technology","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/slm-solutions-reports-e29-million-revenue-focused-on-leading-metal-additive-technology\/","title":{"rendered":"SLM Solutions reports \u20ac29 million revenue, focused on leading metal additive technology"},"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\">254<\/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\">235<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">16<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">3<\/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;\">Metal additive manufacturing company, SLM Solutions has reported revenue of \u20ac29 million for the first half of 2017. This is a 13.5% decrease on the comparative figure of \u20ac33.5 million for 2016.<\/span><\/p>\n<figure id=\"attachment_104610\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-104610\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/01\/SLM-Solutions.-Photo-by-Michael-Petch.-1024x768.jpg\" alt=\"SLM Solutions metal additive castle. Photo by Michael Petch.\" width=\"1024\" height=\"768\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/01\/SLM-Solutions.-Photo-by-Michael-Petch.-1024x768.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/01\/SLM-Solutions.-Photo-by-Michael-Petch.-770x578.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/01\/SLM-Solutions.-Photo-by-Michael-Petch.-200x150.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/01\/SLM-Solutions.-Photo-by-Michael-Petch.-500x375.jpg 500w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/01\/SLM-Solutions.-Photo-by-Michael-Petch..jpg 1120w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-caption-text\">SLM Solutions metal additive castle. Photo by Michael Petch.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">However, new order intake grew during the reporting period by 17.9%, reaching \u20ac35.3 million. The company says the latest results indicate, \u201ca positive trend towards growth in the level of sales of higher-performance, and consequently higher-value, machines.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SLM sell three metal additive manufacturing systems, the SLM 125, the SLM 280 and the SLM 500.<\/span><\/p>\n<style type=\"text\/css\"><!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--><\/style>\n<table dir=\"ltr\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<colgroup>\n<col width=\"194\" \/>\n<col width=\"100\" \/>\n<col width=\"133\" \/>\n<col width=\"78\" \/>\n<col width=\"100\" \/><\/colgroup>\n<tbody>\n<tr>\n<td><\/td>\n<td style=\"text-align: center;\" colspan=\"2\" rowspan=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u20ac million&quot;}\"><strong>\u20ac million<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Variance&quot;}\"><strong>Variance<\/strong><\/td>\n<td style=\"text-align: center;\"><strong> <\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><strong> <\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;H1 2017&quot;}\"><strong>H1 2017<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;H1 2016&quot;}\"><strong>H1 2016<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u20ac million&quot;}\"><strong>\u20ac million<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;%&quot;}\"><strong>%<\/strong><\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Revenue&quot;}\">Revenue<\/td>\n<td data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:28.99}\">28.99<\/td>\n<td data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:33.52}\">33.52<\/td>\n<td data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-4.530000000000005}\" data-sheets-formula=\"=R[0]C[-2]-R[0]C[-1]\">-4.53<\/td>\n<td data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-0.13514319809069225}\" data-sheets-numberformat=\"[null,3,&quot;0.00%&quot;,1]\" data-sheets-formula=\"=R[0]C[-1]\/R[0]C[-2]\">-13.51%<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Operating profit\/(loss)&quot;}\">Operating profit\/(loss)<\/td>\n<td data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-8.15}\">-8.15<\/td>\n<td data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-3.63}\">-3.63<\/td>\n<td data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-4.5200000000000005}\" data-sheets-formula=\"=R[0]C[-2]-R[0]C[-1]\">-4.52<\/td>\n<td data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:1.2451790633608817}\" data-sheets-numberformat=\"[null,3,&quot;0.00%&quot;,1]\" data-sheets-formula=\"=R[0]C[-1]\/R[0]C[-2]\">124.52%<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Net profit\/(loss)&quot;}\">Net profit\/(loss)<\/td>\n<td data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-5.95}\">-5.95<\/td>\n<td data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-2.28}\">-2.28<\/td>\n<td data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-3.6700000000000004}\" data-sheets-formula=\"=R[0]C[-2]-R[0]C[-1]\">-3.67<\/td>\n<td data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:1.6096491228070178}\" data-sheets-numberformat=\"[null,3,&quot;0.00%&quot;,1]\" data-sheets-formula=\"=R[0]C[-1]\/R[0]C[-2]\">160.96%<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Adjusted EBITA&quot;}\">Adjusted EBITA<\/td>\n<td data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-4.52}\">-4.52<\/td>\n<td data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-0.98}\">-0.98<\/td>\n<td><\/td>\n<td data-sheets-numberformat=\"[null,3,&quot;0.00%&quot;,1]\"><\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;EPS&quot;}\">EPS<\/td>\n<td data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-0.33}\">-0.33<\/td>\n<td data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-0.13}\">-0.13<\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Data via SLM Solutions<\/p>\n<p><b>New customers for metal additive manufacturing<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Uwe B\u00f6gershausen, Member of the Executive Board of SLM Solutions Group AG, comments, &#8220;Additive manufacturing is becoming increasingly accepted and has meanwhile achieved strategic importance for major industrial companies.\u201d<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cWe are benefiting from this trend and booked our largest individual order in the company&#8217;s history in June 2017. We continue to experience major interest in our systems. We aim to move forward in further developing and adapting our systems to meet a wide variety of production requirements through the partnerships we have entered into over the past months, amongst others with Divergent in the USA and BeamIT in Italy. Partially due to some customers&#8217; 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.&#8221;<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">For the six months new orders for 47 machines (30 June 2016: 56 machines). New customers accounted for 20 of these machines. The lower order figure means total operating revenue saw a decrease of 29.4%, SLM notes that \u201ca rolling observation of a full year\u2019s period as more meaningful.\u201d The company also points to Q4 as a period where traditionally stronger sales are seen.<\/span><\/p>\n<figure id=\"attachment_96009\" style=\"width: 1019px\" class=\"wp-caption alignleft\"><img decoding=\"async\" class=\"size-full wp-image-96009\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/09\/SLM-Solutions-3D-Metal-Scorpion.png\" alt=\"\" width=\"1019\" height=\"761\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/09\/SLM-Solutions-3D-Metal-Scorpion.png 1019w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/09\/SLM-Solutions-3D-Metal-Scorpion-770x575.png 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/09\/SLM-Solutions-3D-Metal-Scorpion-200x149.png 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/09\/SLM-Solutions-3D-Metal-Scorpion-500x373.png 500w\" sizes=\"(max-width: 1019px) 100vw, 1019px\" \/><figcaption class=\"wp-caption-text\">SLM Solutions Metal 3D Printed Scorpion. Photo by Michael Petch.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The company\u2019s objective is, \u201cremaining the technologically leading provider in the metal-based additive manufacturing area over the long term, playing a decisive role in shaping this technology.\u201d<\/span><\/p>\n<p><b>Additive manufacturing strategy<\/b><\/p>\n<p><span style=\"font-weight: 400;\">SLM Solutions adopt a three pillar growth strategy of R&amp;D, full-service solutions and expanding international sales and service network.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To this extent SLM Solutions has 74 FTEs (full-time equivalents) in R&amp;D at 30 June 2017, the comparative figure was 56 FTEs. R&amp;D expenditure has also increased year-on-year reaching <\/span><span style=\"font-weight: 400;\">\u20ac4.2 million, compared to \u20ac3.8 million.<br \/>\n<\/span><br \/>\n<span style=\"font-weight: 400;\">Aiming to evolve into a full-service solutions provider SLM established a joint venture with CADS GmbH from Austria. To expand their network the company highlight that, \u201ccustomer proximity comprises a critical competitive advantage for SLM Solutions.\u201d<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cSLM Solutions is expanding its international sales and service network step-by-step through founding subsidiaries and sales partnerships locally in order to retain customers long-term, generate recurring service revenues, and acquire new customers.\u201d<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">SLM Solutions has operations in Michigan, USA, Singapore, Shanghai, Moscow, Bangalore, and headquarters in L\u00fcbeck, Germany.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The full year financial forecast is <\/span><span style=\"font-weight: 400;\">\u20ac110 million to \u20ac120 million. SLM says, \u201c The achievement of the full-year revenue forecast is dependent on the fourth quarter of 2017 to a particularly high degree.\u201d<\/span><\/p>\n<figure id=\"attachment_119998\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-large wp-image-119998\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/08\/SLM-Solutions-H1-2017-financial-highlights.-1024x625.png\" alt=\"SLM Solutions H1 2017 financial highlights.\" width=\"1024\" height=\"625\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/08\/SLM-Solutions-H1-2017-financial-highlights.-1024x625.png 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/08\/SLM-Solutions-H1-2017-financial-highlights.-770x470.png 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/08\/SLM-Solutions-H1-2017-financial-highlights.-200x122.png 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/08\/SLM-Solutions-H1-2017-financial-highlights.-500x305.png 500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-caption-text\">SLM Solutions H1 2017 financial highlights.<\/figcaption><\/figure>\n<p><i><span style=\"font-weight: 400;\">To stay up-to-date with all the latest 3D printing industry news, insights and interviews with industry leaders, <\/span><\/i><i><span style=\"font-weight: 400;\">subscribe to our newsletter<\/span><\/i><i><span style=\"font-weight: 400;\"> and <\/span><\/i><i><span style=\"font-weight: 400;\">follow us on social media<\/span><\/i><i><span style=\"font-weight: 400;\">.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">For career moves in the additive manufacturing industry, <\/span><\/i><i><span style=\"font-weight: 400;\">sign up to our new jobs site.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>254shares 235 16 3 Metal additive manufacturing company, SLM Solutions has reported revenue of \u20ac29 million for the first half of 2017. This is a 13.5% decrease on the comparative figure of \u20ac33.5 million for 2016. SLM Solutions metal additive castle. Photo by Michael Petch. However, new order intake grew during the reporting period by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182645,"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\/2017\/01\/SLM-Solutions.-Photo-by-Michael-Petch.-1024x768.jpg","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170],"class_list":["post-68677","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 \u20ac29 million revenue, focused on leading metal additive technology - FacFox News<\/title>\n<meta name=\"description\" content=\"254shares235163Metal additive manufacturing company, SLM Solutions has reported revenue of \u20ac29 million for the first half of 2017. 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