SLM SolutionsSLM Solutions AG, (web site) (ticker AM3D on Germany’s Xetra exchange) reported a very strong Q1 this morning. 

 

 


 

  • Q1 revenue grew 130 % to EUR 8.5 million
  • By March 31, SLM Solutions had already received orders valued at EUR 14.4 million – a quadrupling compared with the previous year’s quarter’s EUR 3.6 million. This new order intake comprises 17 machines (previous year: 7 machines), and includes 7 units of the top performing product, the SLM 500HL (previous year: 0), 7 units of the SLM 280HL (previous year: 5) and 3 units of the SLM 125HL (previous year: 2).
  • Adjusted EBITDA increased to a positive EUR 0.3 million this year, vs. negative EUR -0.2 million in Q1 of 2014
  • Management Board anticipates consolidated revenue increasing to between EUR 55 million and EUR 60 million in 2015

See Q1 2015 Earnings Press Release

The Q1 growth trend is apparently continuing also.  CEO Dr. Markus Rechlin stated:

“Our new order intake has reached a total of EUR18.5million as of May 11 – compared with EUR 7.4 million in the previous year. In the context of industrial manufacturing, plant and machine builders are focusing increasingly on metal-based 3D printing to produce complex components with outstanding properties.”

See also: (SLM Solutions Q1 2015 Report (PDF)

SLM Solutions Corporate Overview Video


Based in Lübeck, Germany, SLM Solutions began trading as a public company in May 2014. SLM Solutions uses selective laser melting, or SLM, technology in the industrial metals space. In addition to an OEM of 3D printers, SLM also produces vacuum and investment casting systems. SLM’s customers are in the automotive, aerospace, construction, consumer electronics, and medical device industries and include General Electric, Siemens,  BMW,  and NASA.  SLM opened a location in Novi, Mich in 2013 to provide closer access to U.S. automotive customers.


Graphene 3D Lab Inc. gary siig

 


 

Follow me on Twitter: @3DPrintingStock

Subscribe to 3DPrintingStocks.com for free (box in left upper corner of page) to get news, articles, interviews, and actionable information on 3D printing stocks delivered to your inbox.


Disclosure: I am long shares of SLM Solutions

Disclaimer: Opinions expressed are my own and should not be considered investment advice nor an invitation to buy or sell shares of any company mentioned on this site. Investors should perform their own due diligence and consult with a Registered Investment Advisor prior to making any investment decision. See sidebar for full disclaimer.

Comments are closed.