Arcam reports that its net sales in 2015 rose by 70% to SEK576.1 million, compared to SEK 339,0 million in 2014.Operating income increased by SEK50.2 million (SEK 21.7 million).

For the fourth quarter, sales increased by 28% to SEK176.0 million, compared to SEK137.1 million in the same period of 2014, and operating income amounted to SEK14.0 million (SEK15.3 million).

Order intake increased to 29 systems, compared to 21.

‘2015 was another very active and strong year for Arcam,' said president and CEO, Magnus René. ‘We have worked hard and focused. Our primary focus has been to continue executing and developing our long-term strategy to put the EBM technology in industrial production. To do that, we have developed all three parts of the Group, EBM systems, metal powders and contract manufacturing. We have grown rapidly and we have made substantial investments in increased capacity to continue to meet our customers demand.

‘With some of the world's largest companies as customers, a strong cash position and, most important, a team of dedicated and driven employees, we are well positioned to take advantage of our opportunities in the fast growing market for additive manufacturing.’

This story uses material from Arcam, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.