Arcam reports continued growth in first half of 2017

July 20, 2017

July 20, 2017

Arcam Group, Mölndal, Sweden, has reported continued growth during the first six months 2017, with sales up 32%. The company’s sales increased to SEK 407 million for the period January-June 2017, compared to SEK 307.6 million in the same period of 2016. Operating income was SEK 5.5 million, compared to SEK 4.1 million in the previous period.

In the first six months of 2017, Arcam reported that it delivered 32 of its Electron Bean Melting (EBM) Additive Manufacturing systems, a significant rise from the 28 delivered in the 2016 period. According to Arcam’s report the demand for EBM systems, as well as metal powders from its subsidiary AP&C, was driven largely by the aerospace industry and by the increasing interest in Additive Manufacturing from the orthopaedic sector.

According to the report, the company has experienced continued growth despite what it calls a challenging market situation. Arcam noted that many customers are still hesitant to launch large manufacturing projects, which hinders more rapid growth. However, it stated that the company believes that increased product maturity, as well as new application areas, will drive more production interest.

Arcam also stated that growth in the period owed much to the interest generated by the group’s largest shareholder, GE. Over the January-June 2017 period the order intake from GE was 12 EBM systems, and 16 systems were delivered to GE.

DiSanto Technology Inc., Arcam’s medical device manufacturing business, was said to be increasingly active on the market and continued to grow with new customers and projects for additively manufactured medical implants. However, the business was reportedly burdened by weak sales for implants made with traditional technology.

During the period the company reported that it had strengthened its organisation with the addition of Karl Lindblom as Arcam EBM General Manager in April 2017 and the expansion of AP&C with a new plant, expected to be complete in September. With the new facility, Arcam stated that it will double its capacity for titanium powder atomisation. Arcam concluded that despite challenging market conditions it is well positioned to take advantage of the latest and future market opportunities for Additive Manufacturing.

July 20, 2017

In the latest issue of Metal AM magazine

Download PDF

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

  • Metal powders in Additive Manufacturing: An exploration of sustainable production, usage and recycling
  • Inside Wayland Additive: How innovation in electron beam PBF is opening new markets for AM
  • An end-to-end production case study: Leveraging data-driven machine learning and autonomous process control in AM
  • Consolidation, competition, and the cost of certification: Insight from New York’s AM Strategies 2024
  • Scandium’s impact on the Additive Manufacturing of aluminium alloys
  • AM for medical implants: An analysis of the impact of powder reuse in Powder Bed Fusion

The world of metal AM to your inbox

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

Sign up

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

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
View online
Share via
Copy link
Powered by Social Snap