SLM reports 21% increase in orders

3D printing company SLM Solutions Group AG says that its order intake value was €67.7 million in 2019, a 21% growth compared to 2018.

In the Q4 2019 the company’s order intake was €29.5 million, which represents 100% growth year-on-year, SLM said.

‘As announced, we continue to work on addressing organizational gaps and positioning the company for long-term growth,’ said Meddah Hadjar, CEO. ‘The double-digit growth in order intake in 2019 under the current market conditions demonstrates that the multi-laser technology is critical for additive adoption in all market segments.’

This story uses material from SLM, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.