SLM Solutions confirms FY 2015 outlook at first AGM
Luebeck, Germany, June 16, 2015 – Shareholders of SLM Solutions Group AG, a leading provider of metal- based additive manufacturing technology ("3D printing"), approved at today’s Annual General Meeting the discharging of the Management and Supervisory boards for the 2014 fiscal year, and appointed the auditor for the 2015 fiscal year. The company's management confirmed its outlook for the current year.
Uwe Bögershausen, CFO of SLM Solutions Group AG, summarised as follows: "Today, at our first AGM as a listed company, we reported on a very successful 2014 fiscal year. SLM Solutions is on a profitable growth path that has continued during the first quarter of 2015, and is continuing during the further course of this year. Given how very beneficially our key performance indicators are trending, we confirm our guidance for the 2015 fiscal year: we continue to assume new order intake of more than 100 machines over the full course of the year, further growth in our consolidated revenue to between EUR 55 million and EUR 60 million, and an adjusted EBITDA margin of 12 to 13 percent."
The new order intake of 34 machines as of June 12, 2015 lies significantly head of the previous year's level (June 12, 2014: 17 machines). Of this amount, 6 machines are attributable to the SLM 125HL model (previous year: 5), and 20 orders to the model SLM 280HL (previous year: 10). Compared with the previous year (2 units), a higher number of 8 units of the SLM 500HL were ordered as of June 12, 2015. The value of the machines ordered as of June 12, 2015, was EUR 24.7 million (June 12, 2014: EUR 8.1 million).
About the company
SLM Solutions Group AG, headquartered in Luebeck, Germany, is a leading provider of metal-based additive manufacturing technology (also commonly referred to as "3D printing"). The company's shares are traded on the Prime Standard of the Frankfurt Stock Exchange. SLM Solutions focuses on the development, assembly and sales of machines and integrated system solutions in the field of selective laser melting. SLM Solutions currently employs over 180 members of staff in Germany, the USA and Singapore. The products are utilised worldwide by customers in particular from the aerospace, energy, healthcare and automotive industries. SLM Solutions stands for technologically advanced, innovative and highly efficient integrated system solutions.