As highlighted by 3DPBM’s Dutch-language media partner site – 3D Print Magazine – SLM Solution‘s latest investor relations report on Fiscal Q1 2018 did not just announce a positive start of the new year, with total operating revenue increased by 34.8% (mainly due to increase of stocks in preparation of the move into new facilities at the beginning of May 2018). The company also boldly stated that it is heading where no metal AM system OEM has gone before: 12-laser powder bed fusion, with the new SLM Cube.
Henner Schöneborn, CTO of SLM till 30 June this year stated that “the development of the SLM Cube machine with a build chamber of 600×600 mm and a minimum of 12 Lasers is on track. We are still confident – he added – that we will be able to present this machine in November 2019. Next to this we are especially working on further integrating our machines into the production processes of our customers, in order to ease our customer´s process of producing parts in a serial production environment. I personally see the company technologically very well positioned and leave SLM with a smile in the one eye and a tear in the other eye to address new challenges after 25 years with the company”.
SLM Solutions generated revenues of 15M euro in Q1 2018. Order intake in Q1 2018 decreased by 2.5 million euro, with 3 fewer machines sold compared to the same period last year. Current order intake on the other side (01 January to 08 May 2018) is at 16M euro with 25 piece on order compared to 19 last year. The frame agreements signed in 2017, totaling to a value of 100 Million euro, which otherwise would have been placed as single-orders throughout the course of 2018, provide a solid base of planning for SLM.
Total operating revenue (the sum of consolidated revenue, inventory changes, and other own work capitalized) of 18.551 million euro was up by 34.8 % year on year, mainly due to an increase of stocks as preparation in view of the company moving into its new facilities at the beginning of May 2018. This is also visible in the Working Capital, which increased by 38.8% to 58.3 million euro