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HENKEL AG & CO. KGAA

(HEN3)
  Report
Delayed Xetra  -  11:35 2022-12-02 am EST
69.34 EUR   +0.73%
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Henkel : and Prodways collaborate to bring Loctite resins to ProMaker LD machines for industrial parts manufacturing

09/20/2022 | 11:10am EST

Sep 20, 2022Düsseldorf / Germany and Montigny-le-Bretonneux / France

Prodways joins the Loctite 3D Printing ecosystem

Henkel and Prodways collaborate to bring Loctite resins to ProMaker LD machines for industrial parts manufacturing

Today, Henkel is announcing a collaboration with a new ecosystem partner, Prodways. Based in France, Prodways is a manufacturer of DLP 3D printing technologies, known for their patented DLP MOVINGLight®(MovingLight) technology. With this new collaboration, users can access Loctite's high-performance 3D printing resins on the Prodways' industrial platform to further enable the production of ultra-precise parts.

The Prodways ProMaker LD machines, supported by MovingLight technology, offer large production platforms (300x445mm) for high throughput with very high resolution, as fine as 40 microns per pixel everywhere on the platform. By adding Loctite high-performance resins to the ProMaker LD 3D Printers, industrial applications can be achieved with exceptional accuracy and productivity.

"I am very proud of this new collaboration that reinforces Prodways offers and help fast forward the innovations of our customers in the industrial manufacturing, automotive or consumer goods industries." explains Alban D'Halluin, CEO at Prodways Printers.

"This partnership offers a real opportunity for our customers to move beyond prototyping to volume production in additive manufacturing. The build size and precision of the Prodways machines along with Loctite industrial resins enables the production of truly functional parts for a much wider range of applications," adds Sam Bail, Director of Partnership for 3D Printing at Henkel.

You can find solutions from both companies on display at FormNext 2022, from November 15th to 18th in Frankfurt, Germany. Prodways will be exhibiting the ProMaker LD20 3D Printer and printed parts in their booth, 12.1-G61. Henkel LOCTITE 3D Printing will also be showcasing their industrial materials solutions at Formnext in booth 11.1-E26.

To learn more about Henkel's innovation in 3D printing, visit LoctiteAM.com. To see how your organization can collaborate with Henkel, email Loctite3DP@henkel.com.

About Prodways
Prodways Group is a specialist in industrial and professional 3D printing with a unique positioning as an integrated European player. The Group has developed right across the 3D printing value chain (software, machines, materials, parts & services) with a high value added technological industrial solution. Prodways Group offers a wide range of 3D printing systems and premium composite, hybrid and powder materials (SYSTEMS division). The company also manufactures and markets parts on demand, prototypes and small production run 3D printed items in plastic and metal (PRODUCTS division). www.prodways.com
Listed on Euronext Paris (FR0012613610 - PWG), the Group reported in 2021 revenue of €71 million.

Disclaimer

Henkel AG & Co. KGaA published this content on 20 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 September 2022 15:09:10 UTC.


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Financials
Sales 2022 22 340 M 23 424 M 23 424 M
Net income 2022 1 243 M 1 303 M 1 303 M
Net Debt 2022 1 111 M 1 165 M 1 165 M
P/E ratio 2022 23,0x
Yield 2022 2,69%
Capitalization 28 323 M 29 729 M 29 698 M
EV / Sales 2022 1,32x
EV / Sales 2023 1,29x
Nbr of Employees 51 800
Free-Float 61,1%
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Number of Analysts 22
Last Close Price 69,34 €
Average target price 66,78 €
Spread / Average Target -3,69%
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Managers and Directors
Carsten Knobel Chairman-Management Board
Marco Swoboda Chief Financial Officer & Executive VP-Finance
Simone Bagel-Trah Member-Supervisory Board
Thomas Gerd Kuehn Chief Compliance Officer & General Counsel
Michael Kaschke Member-Supervisory Board