Materialise reports revenue increase

Additive manufacturing (AM) company Materialise has reported a 13% revenue increase, from €205,450 k in 2021 to €232,023 k in 2022.

Q4 revenue was €62,703 k, an increase of 10% compared to €56,989 k in the same period of 2021.

The company’s software business had a full year revenue increase of 1.8%, while manufacturing grew by 15.6%.

“We currently expect Materialise to post another year of double-digit revenue growth, with revenues totaling between €255,000 k and €260,000 k in 2023,” said chairman Peter Leys. “As in 2022, we expect our Materialise Medical segment and our Materialise Manufacturing segment will be the main drivers of that growth.”