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Monday, 02/08/2016 3:58:47 PM

Monday, February 08, 2016 3:58:47 PM

Post# of 6624
Swedish metal 3D printing expert Arcam sees big growth in 2015
A nice article, it reflects my personal opinion.
http://www.3ders.org/articles/20160208-swedish-metal-3d-printing-expert-arcam-sees-big-growth-in-2015.html
This growth has also led to significant changes in the company’s infrastructure, with a new UK office opening in Warwick, and another in Woburn, Massachusetts. A new 3D printer production center also opened its doors in Mölndal, Sweden, doubling their production capacity. A new US-based marketing organization also opened its doors over the last year. Arcam’s financial situation is also in excellent shape, with Oppenheimer Funds buying a large holding in Arcam and 1.8 million new shares being launched. “After those transactions we have a new ownership structure and a very strong cash position. At the end of the third quarter we had approximately 452.9 MSEK in cash. The strong balance sheet provides financial stability that is much appreciated by the large clients we work with in long term projects,” René argues.

All this growth was also reflected in a strong fourth quarter (sales increase of 28%), which led to excellent overall results. “We reached net sales of 576.1 MSEK and an operating profit of 50.2 MSEK for the full year. Sales increased by 70% and operating profit increased by 131%. During the year we booked 58 new EBM orders, an increase of 38% compared with the previous year. We enter 2016 with an order book of 27 systems,” the CEO says. Things are, in short, looking fantastic for Arcam, which is becoming a very important player in the global metal 3D printing market.

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