DGAP-Ad-hoc: SLM Solutions Group AG / Key word(s): Forecast/Change in Forecast
SLM Solutions Group AG: FY 2018 Forecast Adjustment

20-Dec-2018 / 18:15 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


SLM Solutions Group AG: FY 2018 Forecast Adjustment

Lübeck, 20 December 2018 - The Executive Board of SLM Solutions Group AG ("SLM") is adjusting its sales and earnings guidance for the 2018 fiscal year and now expects sales in the double-digit percentage range below 2017 fiscal year's numbers (82.5 million Euro) and a double-digit negative EBITDA-margin.

On 01 November 2018, a sales target in the range between 90 million Euro and 100 million Euro was communicated. On the one hand, call-off's from framework agreements signed in 2017 have been delayed, on the other hand, the company would have to grant significant concessions on various contractual parameters in order to achieve the before mentioned sales target. These would be detrimental to the company's long-term interests and in the view of the Executive Board do not correspond to a sustainable corporate strategy.

 


About the company:

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.


Contact:

Dennis Schaefer
Director Legal, Compliance & Investor Relations
Telephone: 0049 451 4060 4307
eMail: dennis.schaefer@slm-solutions.com


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Language: English
Company: SLM Solutions Group AG
Estlandring 4
23560 Lübeck
Germany
Internet: www.slm-solutions.com
ISIN: DE000A111338
WKN: A11133
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

 
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761215  20-Dec-2018 CET/CEST

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