MÖLNDAL, Sweden--(BUSINESS WIRE)--Regulatory news:
Arcam (STO:ARCM), listed on NASDAQ OMX and a leading manufacturer of industrial 3D printers, today received the prestigious Export Hermes award. The award is issued yearly by the Swedish Fund for Export Development. The criteria are a stable and growing export to a global market through a well thought-out marketing strategy, and with sustained profitability. Arcam, with its main operations in Sweden, has close to 100% export sales.
Arcam is growing fast. In the first half of 2013 sales increased 80% and earnings improved substantially compared with the first half of 2012. Trailing 12-month turnover is 179.8 MSEK and net profit is 21.4 MSEK. In the spring of 2013 a new product generation, the Arcam Q10, was launched and was very well received by the market.
Arcam's market is global with customers primarily in the orthopedic implant and aerospace industries that take advantage of the EBM technology's capacity for cost-efficient manufacturing of products with advanced functionality. Many of the leading companies in these industries are today clients. From 2013 the company also offers, in addition to EBM equipment for production, contract manufacturing of advanced orthopedic implants through its strategic partner DiSanto Technology in the US.
”We are very proud and happy. This award is yet another acknowledgement that our company develops well and has an attractive offering to the market”, says Magnus René, CEO at Arcam.
About Export Hermes
The Export Hermes award is issued by the Swedish Fund for Export Development. The criteria are that the companies should have a stable and growing export to a broad international market, based on a well thought-out marketing strategy and with sustained profitability. The award was established in 1981.
Arcam provides a cost-efficient Additive Manufacturing solution for production of metal components. The technology offers freedom in design combined with excellent material properties and high productivity. Arcam’s market is global with customers mainly in the orthopedic and aerospace industries. The company was founded in 1997 and is listed on NASDAQ OMX Stockholm, Sweden. Head office and production facilities are located in Mölndal, Sweden. Support offices are located in the US, UK, Italy and China.
Arcam AB • Krokslätts Fabriker 27A • SE-431 37 Mölndal, Sweden • 46-31-710 32 00 • www.arcam.com
This information was brought to you by Cision http://news.cision.com