I just did a copy paste into Google. Here is the gist of it sans charts:
• Records of orders
• Who makes the next big order ?
• Currency and order book raises estimates
Records of orders. Arcam continues to deliver a record
order intake. Order intake is so strong that they have now decided
they will not communicate each system orders without
only the strategically crucial and quantity orders .
Orders in Q4 of 21 systems (10) gives notice of why.
In Q1 , the company has already taken five system orders compared to
6 for the whole Q1 2014. Revenues in Q1 amounted to 137
M ( 67) and EBIT was MSEK 13 ( 7 ) compared with our
forecast of 125 and 14 million. However , the acquisition
DiSanto a weak finish to 2014 and lost about 9
Million in Q4. Adjusted for this had been Arcam Q4
much stronger .
Who makes the next big order ? Arcam large order of 5 systems
from Lima in Q4 will probably not be the only one of its
stroke . Lima is a vanishingly small , but rapidly growing player
in implant manufacturing and probably EBM systems
during the evaluation of the clearly larger industry colleagues.
Orthopedics Market potential is thus still great. However,
emphasizes management continued aviation industry as the company's
largest area in the future . It is clear that there will be
EBM - fabricated components ( turbine blades ) in the next GE
aircraft engine which assessed will mean a dramatic
expansion of their fleet of EBM systems. In the current situation
It gives subsidiary Avio about 10 system, but for full-scale
production required large investments. Furthermore, several
customers in the aerospace got started with series production in 2014.
Reference - and key players who use EBMtillverkningar
added rapidly.
Currency and order book raises estimates. after the company
orders in Q4 and orders the pace at the beginning of the year we
raising our guidance for system deliveries for 2015. We thought
formerly of nearly 50 systems , which we now raise to almost 60
system, which means that the company must deliver more than 30
systems that they receive orders during 2015. 2014 was
year when Arcam's offer was extended with two acquisitions and
orders received in earnest started. However, we believe that in 2015
will mean an even larger recognition as more customers
in production . The Company's currency mix after the acquisition of
50/50 between the Euro and USD , however, is favorable and we raise
our forecast for growth of 50% for 2016 and 40% for
2016.
2015-07-21
Arcam designs and manufactures systems for tool- making
complex metal components with additive manufacturing directly from
three-dimensional drawings ( CAD). Arcam's market is global , where
customers primarily in the implant and the aerospace industry benefits from
technology
AI
