Arcam says that its net sales increased by 136 % to SEK262 million between January and June 2015, up from SEK111 million.
For the second quarter, net sales increased by 227% to SEK 150.6 million, up from SEK46.1 million.
In the first six months the company increased its delivery pace and delivered 23 EBM systems, increasing to 47 systems over the last 12 months. The most important orders were from GKN Aerospace for two Arcam Q20 systems as part of a Joint Technology Development Partnership between Arcam and GKN Aerospace, and an order from FIT Technology Group in Germany received in June.
‘The second quarter was our best quarter ever in revenue and operating income,’ said CEO Magnus René. ‘Long-term, we see a continued strong demand, and we expect a stronger order intake in the second half of the year.
‘While sales of our EBM systems continue to grow, so do the sales of our subsidiaries, the metal powder manufacturer AP&C in Canada and, after a weaker period at the turn of the year, contract manufacturer DiSanto in the US.’
During the period, Arcam strengthened its sales and support organizations in the US, China and in the UK and began a major expansion of production facilities in Mölndal, Sweden.
This story is reprinted from material from Arcam, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.