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4-Traders Homepage  >  Equities  >  Xetra  >  SLM Solutions Group AG    AM3D   DE000A111338

SLM SOLUTIONS GROUP AG (AM3D)
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SLM Solutions Group AG: New Management Board Member Dr. Gereon Heinemann starts work on August 01, 2018

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06/18/2018 | 07:48am CEST

Lue­beck, June 18, 2018 - The Su­per­vi­sory Board of SLM So­lu­tions Group AG ('Com­pany' or 'SLM So­lu­tions') an­nounces that Dr. Gereon Heine­mann will join the Man­age­ment Board of SLM So­lu­tions as Chief Tech­nol­ogy Of­fi­cer with ef­fect from Au­gust 01, 2018. Dr. Heine­mann will take over re­spon­si­bil­ity for the de­part­ments Sup­ply Chain/Pro­duc­tion, Re­search & De­vel­op­ment, Pro­gram-Man­age­ment as well as In­no­va­tion-Man­age­ment/In­tel­lec­tual Prop­erty and will there­fore be in charge for the fur­ther tech­no­log­i­cal de­vel­op­ment of SLM So­lu­tions. The con­tract is signed for a pe­riod till July 31, 2021. Within the last years Dr. Heine­mann was work­ing in lead­ing po­si­tions in the ma­chin­ery in­dus­try, among oth­ers as CTO for Fritz Studer AG, a com­pany be­long­ing to the Körber Group, and since March of 2016 as CEO of the Irpd AG, a joint ven­ture be­tween the United Grind­ing Group (Körber Group) and in­spire AG/Uni­ver­sity ETH Zuerich. Irpd AG is a ser­vice provider within the field of ad­di­tive man­u­fac­tur­ing and is doing re­search in the field of se­lec­tive laser melt­ing for the Körber Group. 'We are happy that we could win a highly ex­pe­ri­enced suc­ces­sor to the po­si­tion of Mr. Schöneborn, who will leave the com­pany at the 30th of June and are look­ing for­ward to work­ing to­gether with Dr. Heine­mann' says Hans-Joachim Ihde, Chair­man of the Su­per­vi­sory Board of the Com­pany.

Hen­ner Schöneborn, CTO till June 30 will be avail­able for the com­pany, be­yond June 30, as a con­sul­tant. Hen­ner Schöneborn: 'Thus, a de­tailed brief­ing of my suc­ces­sor is en­sured'.

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 380 mem­bers of staff in Ger­many, Aus­tria, France, Italy, the USA, Sin­ga­pore, Rus­sia, India and China. The prod­ucts are utilised world­wide by cus­tomers in par­tic­u­lar from the aero­space, en­ergy, health­care and au­to­mo­tive in­dus­tries.

Disclaimer

SLM Solutions Group AG published this content on 18 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 June 2018 05:47:09 UTC

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Financials (€)
Sales 2018 134 M
EBIT 2018 10,2 M
Net income 2018 4,83 M
Debt 2018 19,9 M
Yield 2018 -
P/E ratio 2018 87,76
P/E ratio 2019 36,85
EV / Sales 2018 4,24x
EV / Sales 2019 3,09x
Capitalization 550 M
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Technical analysis trends SLM SOLUTIONS GROUP AG
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Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 38,5 €
Spread / Average Target 25%
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Managers
NameTitle
Hans-Joachim Ihde Chairman-Supervisory Board
Uwe Bögershausen Chief Financial Officer
Peter Grosch Deputy Chairman-Supervisory Board
Lars Becker Member-Supervisory Board
Klaus J. Grimberg Member-Supervisory Board
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