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voxeljet AG Quarterly Investor Communication – First Quarter Ended March 31, 2024

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voxeljet AG Quarterly Investor Communication – First Quarter Ended March 31, 2024
News

News

voxeljet AG Quarterly Investor Communication – First Quarter Ended March 31, 2024

2024-05-07 20:02 Last Updated At:20:10

FRIEDBERG, Germany--(BUSINESS WIRE)--May 7, 2024--

voxeljet AG (OTCMKTS: VJTTY) (the ‘Company’, ‘voxeljet’, or ‘we’), a provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers, today released selected financial information related to the first quarter ended March 31, 2024. This information is unaudited.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240507282698/en/

HIGHLIGHTS 1Q2024

Dr. Ingo Ederer, Chief Executive Officer of voxeljet, commented: “Revenue for the first quarter 2024 increased by 15.6% and came in at 6.96 million euros- that is a good result and marks a new record for first quarter revenue. Gross profit margin increased to 41.2% in the first quarter this year from 31.9% in the first quarter 2023- that is an even better result. We are making good progress with the development and assembly of the extremely large 3D printer prototype for GE Wind Energy. The build area of the new binder-jetting printer is more than 70 square meters. To my knowledge that is at least an order of magnitude larger than systems from other players in the industry.”

In High Speed Sintering (HSS), we successfully printed full jobs (z-direction 400mm) in TPU. The part quality was good and the unpacking and powder removal was unproblematic. At the Nike R&D site in Beaverton, Oregon USA, we installed a TPU conversion kit to their existing VX200 HSS.

ORDER BACKLOG FOR 3D PRINTERS

As production and delivery of our printers is generally characterized by lead times ranging between three to nine months, the conversion rate of order backlog into revenue is dependent on the equipping process for the respective 3D printer as well as the timing of customers’ requested deliveries.

Fly through our HQs in Germany: https://www.youtube.com/watch?v=BVt4h_6oWkc

ABOUT VOXELJET

voxeljet’s roots reach back to the year 1995 with the first successful dosing of UV-resins. In the context of a "hidden" project, initial 3D-printing tests are performed at the Technical University Munich. Our company was founded on May 5, 1999 as a spin-off from TUM in Munich with a clear vision in mind: to establish a new manufacturing standard by developing new generative processes for the series-production of complex components using 3D printing. In the beginning, operations are launched with four employees at the TUM. Today, we are a globally acting, leading provider of high-speed, large-format 3D printers and on-demand 3D printed parts to industrial and commercial customers. Components manufactured with the help of our technology are flying in space, make mobility more efficient and the production of new engineering solutions possible. Visit our website www.voxeljet.com, and follow us on Linkedin, or on Twitter.

VX1000 HSS 3D printer, printed TPU box on the left and finished PA12 parts on the right side (picture taken at voxeljet HQs in Germany)

VX1000 HSS 3D printer, printed TPU box on the left and finished PA12 parts on the right side (picture taken at voxeljet HQs in Germany)

Components for new extremely large 3D printer for GE Wind Energy, VX9000 (picture taken at voxeljet HQs in Germany)

Components for new extremely large 3D printer for GE Wind Energy, VX9000 (picture taken at voxeljet HQs in Germany)

BANSKA BYSTRICA, Slovakia (AP) — Slovakia’s populist prime minister, Robert Fico, remained in serious condition on Sunday but has been given a positive prognosis four days after he was shot multiple times in an assassination attempt that has sent shockwaves across the deeply polarized European Union nation, the defense minister said.

“The worst of what we feared has passed, at least for the moment. But his condition remains serious," Robert Kalinak told reporters outside the hospital where Fico is being treated. “His condition is stable with a positive prognosis.”

Kalinak added that the hospital treating the Slovak leader in Banská Bystrica, a former coal mining town of 16,000 situated 29 kilometers (17 miles) from where Fico was attacked, will continue to issue updates on his health status.

On Sunday afternoon, Kalinak revealed new details about the ongoing investigation saying there may have been a “third party” involved in “acting for the benefit of the perpetrator”, in what was previously described by the authorities as a “lone wolf” attack. The official did not provide additional details.

“The situation is turning out to be even worse than we expected,” Kalinak said. ”Plus other indications that these facts of Wednesday’s attack have been discussed in a wider circle. All of this is shocking information, and for many of us, it would be much easier if we could talk about just one person.”

Milan Urbáni, deputy director of the hospital, told reporters that "Based on the doctors’ morning consultation, we can conclude that the patient is currently out of a life-threatening condition. His condition remains very serious, and he needs a long time to rest to recover. We firmly believe that everything will go in a good direction.”

Fico, 59, was shot in the abdomen as he greeted supporters on Wednesday outside a cultural center in the town of Handlova, nearly 140 kilometers (85 miles) northeast of the capital, Bratislava. Video showed the Slovak premier approach people gathered at barricades and reach out to shake hands as a man stepped forward, extended his arm and fired five rounds before being tackled and arrested.

On Friday, Fico underwent two hours of surgery to remove dead tissue from his gunshot wounds, but he was not healthy enough to be transferred to the capital, officials said Saturday.

The country’s Specialized Criminal Court in the town of Pezinok on Saturday ordered the suspected assailant, who is charged with attempted murder, to remain behind bars. Prosecutors said they feared he could flee or commit other crimes if freed, a court spokesperson said. The suspect can appeal the order.

Little information about the would-be assassin has been disclosed after prosecutors told police not to publicly identify him or release details about the case. Unconfirmed media reports have named him and said he was a 71-year-old retiree known as an amateur poet who may have once worked as a mall security guard. Government authorities have given details that matched that description. They said the suspect didn’t belong to any political groups, though the attack itself was politically motivated.

Slovakia’s interior minister, Matus Sutaj Estok, said Sunday that the attack on Fico is an “attack on democracy in any normal country”. “At a time when democracy is being attacked, it must be the security forces that have to give a clear signal that they are prepared to protect the population of the Slovak Republic,” he said.

Fico said last month on Facebook that he believed rising tensions in the country could lead to the killing of politicians, and he blamed the media for fueling tensions in the country of 5.4 million.

Slovakia’s three-party coalition government has also partly accused the media of fueling the vitriolic discourse that has beleaguered the EU country in recent years and led to deep social divisions.

Andrej Danko, chairman of the government’s smallest coalition partner, the Slovak National Party, said Sunday he is expecting a government meeting early next week to discuss media laws and journalistic ethics, including how journalists report on domestic politics.

In his address on Sunday, Kalinak also stressed that lessons must be learned from the violent attack on Fico, who has long been a divisive figure in Slovakia and beyond. “This must be a memento. If we don’t learn, we’re heading for hell,” he said. “We need to bring this situation back to what we can consider standard.”

Fico’s government has made efforts to overhaul public broadcasting — a move critics said would give the government full control of public television and radio. That, along with his plans to amend the penal code to eliminate a special anti-graft prosecutor, have led opponents to worry that Fico will lead Slovakia down a more autocratic path.

Before Fico returned to power last year, many of his political and business associates were the focus of police investigations, and dozens have been charged. His plan to overhaul the penal system would eliminate the office of the special prosecutor that deals with organized crime, corruption and extremism.

At the St. Francis Xavier Cathedral in Banská Bystrica on Sunday, churchgoer and lawyer Pavel Bachleda called the assassination attempt “a great tragedy” but also expressed concerns about how Fico and his Smer, or Direction, party has conducted itself in recent years.

“I would say partly also his actions, his actions in the previous months and years, have brought about the situation in our country,” he told The Associated Press. “You get the impression that they concentrate more on revenge, political revenge than on real things that our country needs.”

Stanislav Hodina in Prague, Czech Republic, and Stephen McGrath in Side, Turkey, contributed to this report.

Churchgoers attend a mass at St Francis Xavier Cathedral, in Banska Bystrica, central Slovakia, Sunday, May 19, 2024. Slovakia's populist prime minister, Robert Fico, remained in serious condition on Sunday but has been given a positive prognosis four days after he was shot multiple times in an assassination attempt that has sent shockwaves across the deeply polarized European Union nation, the defense minister Rober Kalinak said. (AP Photo/Lefteris Pitarakis)

Churchgoers attend a mass at St Francis Xavier Cathedral, in Banska Bystrica, central Slovakia, Sunday, May 19, 2024. Slovakia's populist prime minister, Robert Fico, remained in serious condition on Sunday but has been given a positive prognosis four days after he was shot multiple times in an assassination attempt that has sent shockwaves across the deeply polarized European Union nation, the defense minister Rober Kalinak said. (AP Photo/Lefteris Pitarakis)

Churchgoers attend a mass at St Francis Xavier Cathedral, in Banska Bystrica, central Slovakia, Sunday, May 19, 2024. Slovakia's populist prime minister, Robert Fico, remained in serious condition on Sunday but has been given a positive prognosis four days after he was shot multiple times in an assassination attempt that has sent shockwaves across the deeply polarized European Union nation, the defense minister Rober Kalinak said. (AP Photo/Lefteris Pitarakis)

Churchgoers attend a mass at St Francis Xavier Cathedral, in Banska Bystrica, central Slovakia, Sunday, May 19, 2024. Slovakia's populist prime minister, Robert Fico, remained in serious condition on Sunday but has been given a positive prognosis four days after he was shot multiple times in an assassination attempt that has sent shockwaves across the deeply polarized European Union nation, the defense minister Rober Kalinak said. (AP Photo/Lefteris Pitarakis)

Churchgoers attend a mass at St Francis Xavier Cathedral, in Banska Bystrica, central Slovakia, Sunday, May 19, 2024. Slovakia's populist prime minister, Robert Fico, remained in serious condition on Sunday but has been given a positive prognosis four days after he was shot multiple times in an assassination attempt that has sent shockwaves across the deeply polarized European Union nation, the defense minister Rober Kalinak said. (AP Photo/Lefteris Pitarakis)

Churchgoers attend a mass at St Francis Xavier Cathedral, in Banska Bystrica, central Slovakia, Sunday, May 19, 2024. Slovakia's populist prime minister, Robert Fico, remained in serious condition on Sunday but has been given a positive prognosis four days after he was shot multiple times in an assassination attempt that has sent shockwaves across the deeply polarized European Union nation, the defense minister Rober Kalinak said. (AP Photo/Lefteris Pitarakis)

Churchgoers attend a mass at St Francis Xavier Cathedral, in Banska Bystrica, central Slovakia, Sunday, May 19, 2024. Slovakia's populist prime minister, Robert Fico, remained in serious condition on Sunday but has been given a positive prognosis four days after he was shot multiple times in an assassination attempt that has sent shockwaves across the deeply polarized European Union nation, the defense minister Rober Kalinak said. (AP Photo/Lefteris Pitarakis)

Churchgoers attend a mass at St Francis Xavier Cathedral, in Banska Bystrica, central Slovakia, Sunday, May 19, 2024. Slovakia's populist prime minister, Robert Fico, remained in serious condition on Sunday but has been given a positive prognosis four days after he was shot multiple times in an assassination attempt that has sent shockwaves across the deeply polarized European Union nation, the defense minister Rober Kalinak said. (AP Photo/Lefteris Pitarakis)

Churchgoers attend a mass at St Francis Xavier Cathedral, in Banska Bystrica, central Slovakia, Sunday, May 19, 2024. Slovakia's populist prime minister, Robert Fico, remained in serious condition on Sunday but has been given a positive prognosis four days after he was shot multiple times in an assassination attempt that has sent shockwaves across the deeply polarized European Union nation, the defense minister Rober Kalinak said. (AP Photo/Lefteris Pitarakis)

Churchgoers attend a mass at St Francis Xavier Cathedral, in Banska Bystrica, central Slovakia, Sunday, May 19, 2024. Slovakia's populist prime minister, Robert Fico, remained in serious condition on Sunday but has been given a positive prognosis four days after he was shot multiple times in an assassination attempt that has sent shockwaves across the deeply polarized European Union nation, the defense minister Rober Kalinak said. (AP Photo/Lefteris Pitarakis)

People get well wish notes outside the F. D. Roosevelt University Hospital, where Slovak Prime Minister Robert Fico, who was shot and injured, is being treated, in Banska Bystrica, central Slovakia, Saturday, May 18, 2024. The man accused of attempting to assassinate Slovak Prime Minister Robert Fico made his first court appearance Saturday as the nation's leader remained in serious condition recovering from surgery after surviving multiple gunshots, Slovak state media said. (AP Photo/Lefteris Pitarakis)

People get well wish notes outside the F. D. Roosevelt University Hospital, where Slovak Prime Minister Robert Fico, who was shot and injured, is being treated, in Banska Bystrica, central Slovakia, Saturday, May 18, 2024. The man accused of attempting to assassinate Slovak Prime Minister Robert Fico made his first court appearance Saturday as the nation's leader remained in serious condition recovering from surgery after surviving multiple gunshots, Slovak state media said. (AP Photo/Lefteris Pitarakis)

People gather outside the F. D. Roosevelt University Hospital, where Slovak Prime Minister Robert Fico, who was shot and injured, is being treated, in Banska Bystrica, central Slovakia, Saturday, May 18, 2024. The man accused of attempting to assassinate Slovak Prime Minister Robert Fico made his first court appearance Saturday as the nation's leader remained in serious condition recovering from surgery after surviving multiple gunshots, Slovak state media said. (AP Photo/Lefteris Pitarakis)

People gather outside the F. D. Roosevelt University Hospital, where Slovak Prime Minister Robert Fico, who was shot and injured, is being treated, in Banska Bystrica, central Slovakia, Saturday, May 18, 2024. The man accused of attempting to assassinate Slovak Prime Minister Robert Fico made his first court appearance Saturday as the nation's leader remained in serious condition recovering from surgery after surviving multiple gunshots, Slovak state media said. (AP Photo/Lefteris Pitarakis)

A car supposedly carrying the suspect, in shooting of Slovakia's Prime Minister Robert Fico, leaves the court in Pezinok, Saturday, May 18, 2024. Officials in Slovakia say Prime Minister Robert Fico has undergone another operation two days after his assassination attempt and remains in serious condition. (AP Photo/Tomas Benedikovic)

A car supposedly carrying the suspect, in shooting of Slovakia's Prime Minister Robert Fico, leaves the court in Pezinok, Saturday, May 18, 2024. Officials in Slovakia say Prime Minister Robert Fico has undergone another operation two days after his assassination attempt and remains in serious condition. (AP Photo/Tomas Benedikovic)

Flowers are placed outside the F. D. Roosevelt University Hospital, where Slovak Prime Minister Robert Fico, who was shot and injured, is being treated, in Banska Bystrica, central Slovakia, Saturday, May 18, 2024. The man accused of attempting to assassinate Slovak Prime Minister Robert Fico made his first court appearance Saturday as the nation's leader remained in serious condition recovering from surgery after surviving multiple gunshots, Slovak state media said. (AP Photo/Lefteris Pitarakis)

Flowers are placed outside the F. D. Roosevelt University Hospital, where Slovak Prime Minister Robert Fico, who was shot and injured, is being treated, in Banska Bystrica, central Slovakia, Saturday, May 18, 2024. The man accused of attempting to assassinate Slovak Prime Minister Robert Fico made his first court appearance Saturday as the nation's leader remained in serious condition recovering from surgery after surviving multiple gunshots, Slovak state media said. (AP Photo/Lefteris Pitarakis)

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