Arcam reports 70% sales growth in first quarter 2014

April 22, 2014

April 22, 2014

Swedish Additive Manufacturing equipment maker Arcam AB has reported a sales increase of 70% in the first quarter 2014, with earnings also improving significantly compared to the first quarter of 2013. Sales for the quarter were stated as SEK 64.9 million with profit of SEK 3.6 million. Profit for the first quarter of 2014 is loaded with non-recurring costs associated with the acquisition of AP & C of about six million, added the company.

In February Arcam acquired metal powder producer AP&C from Raymor Industries in Canada. AP&C is a leading manufacturer of high quality metal and supplier of titanium powder for Arcam since 2006. “Titanium powder is an important part of our offering with the acquisition of AP & C we have secured access to the best technology for the production of high quality metal for our customers,” stated Magnus René, Acam CEO.

“Efforts to industrialise our technology with the major players in the aerospace and implant industry continues and we see good opportunities for volume orders during the year. At the same time, we see the growing interest and increased knowledge of Additive Manufacturing and 3D printing gives us the contacts with new customers in new industry segments,” added René.

The company reported that it has almost doubled its number of employees, from 55 in March 2013 to 109 as of March 2014. In addition to the acquisition of AP&C the company has expanded its service office in China and increased its support department in Sweden.

“With 13 machines in the order, a stable aftermarket and an improvement in business conditions are favourable for continued strong growth in 2014,” stated René.

Arcam_Q20

Arcam AB has recently launched the Arcam Q20, a new Electron Beam Melting (EBM) system designed specifically for manufacturing in the aerospace industry

 

www.arcam.com   

Useful links

To submit news and articles for publication on Metal Additive Manufacturing email us at [email protected]

Metal-AM homepage | Latest News | Articles | Subscribe to our free e-newsletter

In the latest issue of Metal AM magazine

Download PDF
 

Extensive AM industry news coverage, as well as the following exclusive deep-dive articles:

  • Aluminium Additive Manufacturing: How a new generation of alloys will fuel industry growth
  • Shaping a national Additive Manufacturing ecosystem: The strategic growth of metal AM in Türkiye
  • How metal Additive Manufacturing is transforming modern hydraulic systems
  • High-performance product development in the era of computational design: a case study with nTop and NASA
  • The Additive Manufacturing of record-breaking pure copper heatsinks for high-performance computing applications
  • The Additive Manufacturing of tool steels: how non-linear modelling enables precise hardness control

Join 40,000+ other AM professionals – follow us online

Don’t miss a thing – register for our newsletter

Don't miss any new issue of Metal AM magazine, and get the latest industry news. Sign up to our twice weekly newsletter.

Register now

Looking for AM machines, metal powders or part manufacturing services?

Discover suppliers of these and more in our comprehensive advertisers’ index and buyer’s guide, available in the back of Metal AM magazine.

  • AM machines
  • Process monitoring & calibration
  • Heat treatment & sintering
  • HIP systems & services
  • Pre- & post-processing technology
  • Powders, powder production and analysis
  • Part manufacturers
  • Consulting, training & market data
Find suppliers

About Metal Additive Manufacturing magazine

Metal AM magazine, published quarterly in digital and print formats, is read by a rapidly expanding international audience.

Our audience includes component manufacturers, end-users, materials and equipment suppliers, analysts, researchers and more.

In addition to providing extensive industry news coverage, Metal AM magazine is known for exclusive, in-depth articles and technical reports.

Our focus is the entire metal AM process from design to application.

Each issue is available as an easy-to-navigate digital edition and a high-quality print publication.

Discover our magazine archive…

The free to access Metal Additive Manufacturing magazine archive offers unparalleled insight into the world of metal Additive Manufacturing from a commercial and technological perspective through:

  • Reports on visits to leading metal AM part manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

Browse the archive

Share via
Copy link
Powered by Social Snap