3D/Additive Manufacturing Hardware/Software/Services

[abrooklyn]

Groupe Gorge-Prodways

Target revenue achieved: EUR 281.2 M, strong growth in 3D printing

https://www.euronext.com/en/cpr/target-revenue-achieved-eur-2812-m-strong-growth-3d-printing

3 D related parts "snipped"

Lastly, the 3D printing division performed well in the last quarter, with growth of 54.3% at €7.5 million, to end the year with growth of 41.6% (€25.2 million compared to €17.8 million in 2015). The Systems business (printers and materials) generated €13.1 million in revenue, up by 22.2% and the Products activity (parts sales) €12.1 million, up by 68.9% (in 2015, the Initial subsidiary was consolidated only over 9 months).

The 3D printing division yet again produced very strong growth in 2016. Prodways Group is exclusively positioned in the professional industrial 3D printing sector, used for rapid manufacturing beyond prototyping and which is the most promising market in terms of volumes and repeat orders.

The range from the 3D Printing division has broadened to address and better serve specific markets. The division continues to develop applications in the medical sector, particularly in the manufacture of 3D printed parts for this sector and more specifically for dental and chiropody applications.

In 2016, Prodways Group announced the launch of its new powder sintering machine, the ProMaker P1000. This machine is the first professional powder sintering machine sold for under €100,000. The Group hopes to fairly significantly develop sales of this new machine in 2017, for which marketing will be launched during the first half-year.

New propriety technologies for metal 3D printing machines are also being developed.