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SLM Solutions announces 21% increase for 2019

Written by David

January 9, 2020

German metal 3D printer manufacturer SLM Solutions has announced orders valued at €67.7 million for 2019, a 21% growth compared to 2018.

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Meddah Hadjar, CEO of SLM Solutions, comments:

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“The double-digit growth in order intake in 2019 under the current market conditions demonstrates that the multi-laser technology is critical for additive adoption in all market segments.”

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“We continue to work on addressing organizational gaps and positioning the company for long-term growth. Our interest is the long-term potential of SLM Solutions’ technology, however, the team has worked hard and achieved great progress in the second half of 2019.”

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According to Uwe Bögershausen, former CFO at SLM Solutions, the company’s order intake for the first quarter of 2019 decreased from the year before standing at €3.5 million from €8.9 million. This was attributed to a negative EBITDA trend is […]

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