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SLM Solutions Group AG: FY 2018 forecast adjustment

SLM Solutions Group AG: FY 2018 forecast adjustment

Lübeck, 01 November, 2018 – The Executive Board of SLM Solutions Group AG („SLM“) is adjusting its sales and earnings guidance for the current fiscal year.  The SLM Board now expects sales of between 90 Mio. Euro and 100 Mio. Euro and a positive EBITDA-Margin in the single-digit range (previously: 115 Mio. Euro to 125 Mio. Euro in sales and 11 to 13% EBITDA-Margin).  The background for this are customer-driven changes in delivery schedules, especially from the frame agreement for the delivery of SLM800-machines signed with a customer from Asia on 14 November 2017.

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About the Company:

Lübeck-based SLM Solutions Group AG is a leading provider of metal-based additive manufacturing technology. The company's shares are traded in the Prime Standard of the Frankfurt Stock Exchange. SLM Solutions focuses on the development, assembly and sale of machines and integrated system solutions in the field of selective laser melting. SLM Solutions currently employs over 400 members of staff in Germany, Austria, France, Italy, the USA, Singapore, Russia, India and China. The products are utilised worldwide by customers in particular from the aerospace, energy, healthcare and automotive industries.