During the 3rd quarter conference call Magnus Rene was asked a question from Mark Murphy (Deutsche Bank) about capacity constraints at their present facilities. His response was that they "could squeeze out a system per week."
Significant investments in technology and capacity
Net sales increased by 17 % to 307.6 (262.0) MSEK Operating income amounted to 4.1 (23.5) MSEK Net income amounted to 9.8 (16.7) MSEK Earnings per share amounted to 0.47 (0.82) SEK 28 (23) systems were delivered in the period Order intake amounted to 15 (17) EBM systems
For the second quarter:
Net sales amounted to 147.7 (150.6) MSEK Operating income amounted to -4.8 (19.7) MSEK Net income amounted to 1.5 (12.4) MSEK 14 (14) EBM systems were delivered in the second quarter Order intake amounted to 9 (7) systems Significant investments in technology and capacity
The Arcam Group continues to grow and during the first six months the increase in sales was 17%. Sales for the period increased to 307.6 (262.0) MSEK and trailing twelve month sales amounts to 621.7 (490.0) MSEK. Operating income for the period was 4.1 (23.5) MSEK and trailing twelve month operating income amounts to 30.7 (49.0) MSEK.
In the first 6 months we increased our delivery pace and we delivered 28 (23) EBM systems. The last twelve months we thus delivered 56 systems. Our metal powder manufacturer AP&C more than doubled its order intake compared to the same period 2015. In May we decided to add significant capacity by building a new powder manufacturing plant in Montreal.
Sales increased by 18% to 208.1 (176.0) MSEK Operating income amounted to -29.1 (14.0) MSEK Net income amounted to -17.5 (2.7) MSEK (the operating income and net sales for the period includes non-recurring costs of 44.8 (0) MSEK) Order intake amounted to 24 (29) systems 15 (16) EBM systems were delivered in the fourth quarter Business status
During the fourth quarter we delivered 15 EBM systems to customers in the implant and the aerospace industry. In the period we received 24 new orders and the order book by the end of the quarter amounts to 25 systems.
Business status
We have also made significant investments in capacity expansion to continue to meet the demand for our customers' growing needs.
Net sales increased by 20.2% to 192.2 (159.9) MSEK Operating income amounted to 7.1 (8.9) MSEK Net income amounted to -1.9 (8.3) MSEK Earnings per share amounted to -0.09 (0.40) SEK 15 (14) EBM systems were delivered during the period Order intake increased to 8 (6) EBM systems
We are making significant investments to continue to meet our customers’ demands and growing expectations of the EBM systems' productivity and reliability.
A strengthened organization
We continue to build our organization for growth and during the quarter we have strengthened our organization throughout the group...
With some of the world's largest companies as customers, a strong major owner with high ambitions and, most important, a team of dedicated and skilled employees, we are well positioned to take advantage of our opportunities on the fast-growing market for Additive Manufacturing. _________________________________________________________________________
For the six month period beginning last July through March of this year, Arcam has "squeezed out" 30 machines, slightly less than one machine every six days.
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