New release of Magics offers significant productivity improvements
Frankfurt, Germany - November 18, 2019. Materialise announces 3D printing solutions and initiatives that will increase productivity and advance serial additive manufacturing. A new release of Materialise Magics introduces several features to shorten the build preparation process, allowing users to scale their 3D printing operations. Materialise also presents a vision of its next-generation Build Processors, which will enable a more streamlined workflow for companies moving to serial production.
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Executive Chairman Peter Leys commented, “Materialise reported another quarter of top-line growth in our three segments in spite of a macro-economic environment that continues to be challenging. Strong operational performances in all three segments produced a record quarterly Adjusted EBITDA of more than 8 million euro. We are particularly pleased with the accelerated pace of our software sales, which were as we anticipated. We are continually working to increase the productivity of the additive manufacturing industry and look forward to introducing new product upgrades at next month’s Formnext in Frankfurt.”
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Leuven (Belgium), September 9, 2019 – Materialise, a global leader in 3D printing solutions, has extended its 3D printing materials offering with the new Ultrasint TPU 01. TPU is a fully-functional, flexible material, making it ideal for resistant and elastic parts. Today, Materialise is the first to make the new material available through its online platforms Materialise OnSite and i.materalise, and through its offline prototyping and manufacturing services.
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Executive Chairman Peter Leys commented, “In spite of a macro-economic environment that continues to be challenging, Materialise reported another quarter of top-line growth. This was mainly driven by Materialise Medical, which continued to perform strongly with solid revenue growth and EBITDA performance, and also by Materialise Manufacturing, which realized a double-digit EBITDA margin and grew its revenues for the third consecutive quarter.
This quarter, the contribution by Materialise Software to our revenue growth and Adjusted EBITDA margin was below our expectations as a number of sales were pushed out to the second half of the year. Our outlook for 2019 remains within our previous guidance range, with our results now including expected contributions from our August acquisition of a 75% stake in Engimplan. This investment, which will enable us to introduce the benefits of Materialise’s patient-specific 3D printing implants and expertise to the fast-growing Brazil market, is part of our strategy to accelerate our growing presence in the additive manufacturing ecosystem through carefully selected acquisitions and partnerships.”
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