SLM Solutions Group AG: FY 2017 forecast adjustment

Lübeck, No­vem­ber 24, 2017 - The Man­age­ment of SLM So­lu­tions Group AG is ad­just­ing its fore­cast of se­lected key man­age­ment fig­ures for the 2017 fis­cal year as fol­lows: on a full-year view, the com­pany now an­tic­i­pates con­sol­i­dated rev­enue of around EUR 90 mil­lion and a pos­i­tive ad­justed EBITDA mar­gin in the sin­gle-digit range. The orig­i­nal fore­cast as­sumed con­sol­i­dated rev­enue be­tween EUR 110 mil­lion and EUR 120 mil­lion and an ad­justed EBITDA mar­gin (in re­la­tion to Group rev­enue) of 10 % to 13 %. From today's per­spec­tive, the man­age­ment as­sumes that the per­son­nel cost ratio will in­crease year-on-year. At the be­gin­ning of the year, an ap­pro­pri­ate re­duc­tion in the per­son­nel cost ratio was ex­pected. The cost of ma­te­ri­als ratio is still ex­pected to be re­duced by a rea­son­able amount year-on-year.

The main rea­son for the ad­just­ments are de­liv­ery dates post­poned by cus­tomers into the be­gin­ning of the next fi­nan­cial year, which pre­vent the orig­i­nal fore­cast for the 2017 fi­nan­cial year from being reached.

Lübeck-based SLM So­lu­tions Group AG is a lead­ing provider of metal-based ad­di­tive man­u­fac­tur­ing tech­nol­ogy. The com­pany's shares are traded in the Prime Stan­dard of the Frank­furt Stock Ex­change. The stock has been listed in the Tec­DAX index since March 21, 2016. SLM So­lu­tions fo­cuses on the de­vel­op­ment, as­sem­bly and sale of ma­chines and in­te­grated sys­tem so­lu­tions in the field of se­lec­tive laser melt­ing. SLM So­lu­tions cur­rently em­ploys over 360 mem­bers of staff in Ger­many, the USA, Sin­ga­pore, Rus­sia, India and China. The prod­ucts are utilised world­wide by cus­tomers in par­tic­u­lar from the aero­space, en­ergy, health­care and au­to­mo­tive in­dus­tries.