in Additive manufacturing

#Arcam: Growth of more than 100% in Q1 2013

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Swedish 3D printing manufacturer Arcam reported its Q1 2013 results yesterday. Revenues of SEK 38.1m more than doubled compared with Q1 2012. EBIT of SEK 0.5m was burdened by non-recurring items of SEK 3m which were related to the deal with DiSanto. Adjusted for those, the clean EBIT margin was 9.1%.

The strong order momentum continued at the beginning of 2013 and Arcam recorded a total of 6 new systems orders during Q1. In 2013 in total, Arcam has recorded 11 new system orders until today and its order book currently stands at 17 orders. The company highlights the increasing demand for its EBM-technology, not the least from strategically important customers who expand their production facilities.

CEO Magnus René highlights in the report the importance of the order for 4 systems to a customer from the aerospace industry which  Arcam received in early April. He highlights the fact that the possibility of volume production within aerospace has come within reach and Arcam is preparing intensely in order to be ready for the requirements.

Everything seems set for continuous strong growth during 2o13.

Nordic Investor

 

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