SLM Solutions Group AG: FY 2018 Forecast Adjustment

Lübeck, 01 No­vem­ber, 2018 - The Ex­ec­u­tive Board of SLM So­lu­tions Group AG ('SLM') is ad­just­ing its sales and earn­ings guid­ance for the cur­rent fis­cal year. The SLM Board now ex­pects sales of be­tween 90 Mio. Euro and 100 Mio. Euro and a pos­i­tive EBITDA-Mar­gin in the sin­gle-digit range (pre­vi­ously: 115 Mio. Euro to 125 Mio. Euro in sales and 11 to 13% EBITDA-Mar­gin). The back­ground for this are cus­tomer-dri­ven changes in de­liv­ery sched­ules, es­pe­cially from the frame agree­ment for the de­liv­ery of SLM800-ma­chines signed with a cus­tomer from Asia on 14 No­vem­ber 2017.

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. 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 400 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.