Arcam year end report

Arcam manufactures AM parts for aerospace.
Arcam manufactures AM parts for aerospace.

During the year the company delivered 25 EBM systems, compared to 15 in 2012.

The company formed a strategic alliance with DiSanto Technology, and agreed to acquire metal powder manufacturer AP&C.

“2013 was very eventful and the highlights were the strategic co-operation with DiSanto Technology, and the agreement to acquire the powder manufacturer AP&C,” said Magnus René, CEO. 

“Through these strategic initiatives, we can maintain a fast pace of business development and thereby both increase our business with existing customers and reach new ones. 

“After a strong fourth quarter, we closed the year with a turnover of almost SEK200 million and a net profit of more than SEK15 million. Sales increased by more than 40% while earnings were essentially unchanged. The unchanged earnings is due to the result being burdened by R&D expenses, costs in conjunction with introduction of new systems and non-recurring costs associated with the strategic initiatives with DiSanto and AP&C.

“A strong order book and a positive business situation give us a solid foundation for a continued growth in 2014.”