{"id":68691,"date":"2019-07-29T13:13:33","date_gmt":"2019-07-29T05:13:33","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/arcam-increases-sales-moving-through-challenging-market-situation.3dm"},"modified":"2019-07-29T13:13:33","modified_gmt":"2019-07-29T05:13:33","slug":"arcam-increases-sales-moving-through-challenging-market-situation","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/arcam-increases-sales-moving-through-challenging-market-situation\/","title":{"rendered":"Arcam increases sales, moving through \u201cchallenging market situation\u201d"},"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\">207<\/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\">187<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">18<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">2<\/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;\">Arcam has published their Interim financial report for the first 6 months of 2017. The Swedish additive manufacturing company characterises this period as a \u201cc<\/span><span style=\"font-weight: 400;\">hallenging market situation.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite this sales grew 32%, increasing to <\/span><span style=\"font-weight: 400;\">407.0M Swedish Krona ($50.33M) versus 307.6MSEK ($38.03M) for the same period in 2016.<\/span><\/p>\n<p style=\"text-align: center;\"><iframe class=\"giphy-embed\" src=\"https:\/\/giphy.com\/embed\/AHnZ03i5ti7Kw\" width=\"480\" height=\"270\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><b>Increased sales of metal additive manufacturing systems<\/b><\/p>\n<p><span style=\"font-weight: 400;\">During the first 6 months of the year Arcam delivered 32 Electron Beam Melting (EBM) additive manufacturing systems, an increase of 4 on the comparative figure. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Magnus Ren\u00e9, Arcam President &amp; CEO, writes \u201cThe growth in the period is due to the interest from our largest shareholder GE, in EBM systems for test and evaluation. In the period the order intake from GE was 12 EBM systems and 16 systems were delivered to GE.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Operating income increased to 5.5MSEK ($0.68M) compared to 4.1MSEK ($0.51M) for the prior period. The company made a loss with net income at -19.2MSEK (-$2.37M) loss versus 9.8MSEK profit ($1.21M) for the comparative.  <\/span><\/p>\n<p><span style=\"font-weight: 400;\">New orders for the period totalled 23, leaving an order book at end of the quarter containing 16 EBM systems. Arcam is optimistic about continuing growth in sales and reports they are focused on, \u201clong-term strategy to industrialize the EBM technology and simultaneously developing the metal powder manufacturing and contract manufacturing business.\u201d<\/span><\/p>\n<figure id=\"attachment_119581\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-119581\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/08\/Arcam-EBM-Q10-plus.-Photo-by-Michael-Petch.-1024x768.jpg\" alt=\"Arcam EBM Q10 plus. Photo by Michael Petch.\" width=\"1024\" height=\"768\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/08\/Arcam-EBM-Q10-plus.-Photo-by-Michael-Petch.-1024x768.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/08\/Arcam-EBM-Q10-plus.-Photo-by-Michael-Petch.-770x577.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/08\/Arcam-EBM-Q10-plus.-Photo-by-Michael-Petch.-200x150.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/08\/Arcam-EBM-Q10-plus.-Photo-by-Michael-Petch.-500x375.jpg 500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-caption-text\">Arcam EBM Q10 plus. Photo by Michael Petch.<\/figcaption><\/figure>\n<p><b>Aerospace drives, while orthopedic industry interest grows<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Arcam\u2019s CEO says that the new orders and demand in general is driven by the, \u201caerospace industry that is now moving into production, and by the increasing interest for Additive Manufacturing from the orthopedic industry.\u201d The CEO also notes that, \u201ccustomers are still hesitant launching large manufacturing projects.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Future sales of industrial 3D printing systems are likely to be driven by \u201cincreased product maturity as well as new application areas.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When this increased demand does arrive Arcam hope to capitalise not only by increasing sales of their EBM additive manufacturing machines, but also on the metal powder feedstock used. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Through their acquisition of AP&amp;C, Arcam are a leading supply to users of metal 3D printing systems across a range of markets &#8211; and not limited solely to users of Arcam EBM systems.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ren\u00e9 notes that, \u201cdemand of metal powder for Additive Manufacturing continues to grow rapidly\u201d and Arcam continues \u201cto secure long-term supply agreements to important customers within the orthopedic and the aerospace industries.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Arcam plans to double their production capacity of metal powder within months. \u201cAt AP&amp;C we have expanded the organization to prepare for the opening of our new metal powder manufacturing plant. The expansion of AP&amp;C&#8217;s new plant is proceeding according to plan and the new facility is expected to be completed in September,\u201d says Ren\u00e9. <\/span><\/p>\n<p><b>The 3D printing industry earnings season continues<\/b><\/p>\n<p><span style=\"font-weight: 400;\">As earnings season for the 3D printing industry continues you can read more about the latest financial reports below.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Dassault Syst\u00e8mes 3D software revenue up 13% for first half of 2017<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Proto Labs announced record revenues for the second quarter of 2017 with 3D printing revenue up 19.5%<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Robo 3D has reported financial results for the quarter ending June 2017<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Renishaw reports record turnover<\/span><span style=\"font-weight: 400;\">. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Groupe Gorg\u00e9<\/span><span style=\"font-weight: 400;\"> reported revenue of \u20ac136.7 million.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">For all the latest 3D printing industry news, <\/span><\/i><i><span style=\"font-weight: 400;\">subscribe to our newsletter<\/span><\/i><i><span style=\"font-weight: 400;\"> and follow our <\/span><\/i><i><span style=\"font-weight: 400;\">active social media accounts<\/span><\/i><i><span style=\"font-weight: 400;\">.<\/span><\/i><\/p>\n<p><em>Featured image shows an Arcam EBM Isogrid concial Frustrum engine casing for Zenith Tecnica. Photo by Michael Petch.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>207shares 187 18 2 Arcam has published their Interim financial report for the first 6 months of 2017. The Swedish additive manufacturing company characterises this period as a \u201cchallenging market situation.\u201d Despite this sales grew 32%, increasing to 407.0M Swedish Krona ($50.33M) versus 307.6MSEK ($38.03M) for the same period in 2016. Increased sales of metal [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182652,"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\/08\/Arcam-EBM-Q10-plus.-Photo-by-Michael-Petch.-1024x768.jpg","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170,64,173,158],"class_list":["post-68691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting","tag-aerospace","tag-business","tag-space"],"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>Arcam increases sales, moving through \u201cchallenging market situation\u201d - FacFox News<\/title>\n<meta name=\"description\" content=\"207shares187182Arcam has published their Interim financial report for the first 6 months of 2017. 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