Concept Laser reports further revenue growth in first half of 2015

September 7, 2015

September 7, 2015

Concept Laser, headquartered in Lichtenfels, Germany, has reported continued growth in the first half of 2015. Following revenue growth of 75% in 2014, Concept Laser consolidated its growth at a high level with a further 35% revenue increase in the first six months of 2015. While 45 systems were sold in the same period of the previous year, the company has already received 68 orders this year, a significant increase of roughly 50%.

“We are very proud that we not only succeeded in maintaining the great growth from last year, but have even managed to build on it. That shows that we are still moving in the right direction,” stated Frank Herzog, CEO & President of Concept Laser.

“However, anyone who knows Concept Laser knows that our passion for technology and the strong drive for innovation will not allow us to rest on our laurels. As a result, I can assure you that our research and development department is already working on new projects which will change future manufacturing processes sustainably,” added Herzog.

Concept Laser stated that its revenue growth was solely due to sales of its large-scale systems in the 1000W laser class and demand from the aerospace industry in the USA. Staff numbers also increased by a further 30% compared with 2014 in the first half of 2015.

In January 2015 the company introduced its X line 2000R® range in the large-scale system segment, which combines a build envelope of 800 x 400 x 500 mm and two 1000 watt lasers resulting in increased build rates. Key buyers are said to be from the automotive and aerospace sectors.

Commenting on forecasts for the second half of the year, Concept Laser stated that all signs on the global markets indicate that the trend set in the first six months will continue. Following sales of 110 systems in the previous year, the company expects this figure to reach more than 150 machines by the end of 2015. 

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