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Materialise Reports Full Year and Fourth Quarter 2018 Results

Materialise Reports Full Year and Fourth Quarter 2018 Results

Written by David

March 6, 2019

Materialise NV MTLS, +0.33% a leading provider of additive manufacturing and medical software and of sophisticated 3D printing services, today announced its financial results for the full year and fourth quarter ended December 31, 2018. Highlights – Full Year and Fourth Quarter 2018 Full Year 2018: Total revenue increased 29.6% to 184,721 kEUR for 2018 from 142,573 kEUR in 2017. Adjusted EBITDA increased 61% to 23,526 kEUR for 2018 from 14,610 kEUR for 2017. Net profit for 2018 was 3,027 kEUR, or 0.06 EUR per diluted share, compared to a loss of (2,117) kEUR last year. Fourth Quarter 2018: Total revenue increased 9.6% to 49,014 kEUR for the fourth quarter of 2018. Adjusted EBITDA increased 4.24% to 6,052 kEUR for the fourth quarter of 2018. Net profit for the fourth quarter of 2018 was 525 kEUR, or 0.01 EUR per diluted share, compared to 1,067 kEUR, over the same […]

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