Arcam reports continued growth

Arcam reports continued growth in its recent interim report. Net sales increased by 20.2% to SEK 192.2 million, up from SEK159.9 million from the same period last year. However, operating income amounted to SEK7.1 million, a decrease from SEK 8.9 million.

‘We continue to pursue and develop our long-term strategy to industrialize the EBM [electron beam melting] technology and simultaneously developing the metal powder manufacturing and contract manufacturing business,’ said CEO Magnus René. ‘During the quarter, we delivered 15 EBM systems and the majority went to customers in the implant or the aerospace industry. […] The demand for EBM systems is driven by the aerospace industry that is now moving into production, but also by the increasing interest for additive manufacturing from the orthopedic industry.

‘The demand of metal powder for Additive Manufacturing continues to grow rapidly. In the beginning of the year we have secured several long-term supplier agreements to important customers within the orthopedic and the aerospace industries.’

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.