Home Medical Strong Q3 for 3D Printer Manufacturer Arcam

Strong Q3 for 3D Printer Manufacturer Arcam

According to the Interim Report for January to September 2014, the Swedish 3D printer manufacturer Arcam has increased their sales by 125% to 90.8 Million SEK (9.9 Million EUR) for the third quarter. 

By expanding their business with the US contract manufacturer DiSanto and the Canada-based powder manufacturer AP&C, Arcam can now offer supplementary products to their EBM (Electron Beam Melting) Systems. With 21 new orders in the period they see a continued strong demand, particularly form the aerospace industry.

Magnus René, President & CEO: “The work to industrialize our technology with the major players within the aerospace and implant industries continue and we can now see good opportunities for volume orders during the year. Of the 20 systems that were delivered during the period the majority went to customers within the medical implant or the aerospace industry.

In addition to the acquisition of AP&C and DiSanto we are in rapid organic growth. We thus continue to recruit qualified employees in order to meet the expectations from our customers. During the period we have strengthened our service office in China and the support organization in Sweden. Through the acquisition of AP&C and DiSanto and through recruitment the number of employees has increased from 64 to 233 since September 2013. We will maintain an ambitious recruitment pace in order to further develop our technology and offering and thus exploiting the present business situation.

A strong order book and a positive business situation lay a solid foundation for a strong closing of 2014 and continued growth in 2015.”

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