SLM Solutions included in TecDAX index
Luebeck, March 4, 2016 – The share of SLM Solutions Group AG, a leading provider of metal-based additive manufacturing technology (3D printing technology), is to be included in the TecDAX equity index from March 21. Less than two years after its IPO in May 2014, SLM Solutions thereby ranks among Germany’s 30 largest technology stocks outside the DAX index.
The indices working group of Deutsche Börse decided to include SLM Solutions Group AG in the TecDAX. This index, which is measured in terms of market capitalisation of the free float and trading volume in the shares, comprises the 30 largest technology stocks in Germany outside the DAX index.
Dr Markus Rechlin, CEO of SLM Solutions Group AG, expresses his pleasure at the working group’s decision: “We feel assured and motivated at the same time by the inclusion in the TecDAX. Selective laser melting systems are being used in a broad variety of industries for the additive manufacturing of high quality metal build parts, increasingly also in serial production. With our multi-laser systems, we are the technology leader and provide productive industrial solutions that we will further develop together with our customers. Thereby we create the necessary conditions for continued dynamic growth. The index inclusion can also open up new opportunities for us.”
Uwe Bögershausen, CFO of SLM Solutions Group AG: “Less than two years after our IPO, we now rank among the most important high-tech stocks in Germany. Along with our company founder Hans Ihde, we have strong anchor shareholder, as well as a high free float that ensures that our share is liquid and attractive. Inclusion in the TecDAX additionally bolsters the perception of SLM Solutions on the international capital market.”
ABOUT THE COMPANY
SLM Solutions Group AG, headquartered in Luebeck, Germany, is a leading provider of metal-based additive manufacturing technology (also commonly referred to as “3D printing”). The company’s shares are traded on the Prime Standard of the Frankfurt Stock Exchange. SLM Solutions focuses on the development, assembly and sales of machines and integrated system solutions in the field of selective laser melting. SLM Solutions currently employs over 250 members of staff in Germany, the USA, Singapore, Russia and China. The products are utilised worldwide by customers in particular from the aerospace, energy, healthcare and automotive industries. SLM Solutions stands for technologically advanced, innovative and highly efficient integrated system solutions.