Report
Aurelien Sivignon

Prodways Group : A dynamic start to the year: discontinuing the Solidscape business, change in recognition of Avaneo revenues, etc.

>Refocusing the printing business with the discontinuation of Solidscape: negative on the 2023 bottom line but positive for margins in 2024 and beyond - Prodways announced this week that by the end of the summer it will have discontinued activities at Solidscape, a US company acquired in 2018 (for c.€ 12m) specialising in sales of small printers for jewellery. Solidscape’s sales were down sharply in 2023 at close to € 5m, in particular with a major operating loss at t...
Underlying
Prodways Group SA

Prodways Group SA. Prodways Group SA is a France-based company engaged in the industrial machinery sector. The Company focuses its activities on the industrial three-dimensional (3D) printing market and more specifically on ''rapid manufacturing'' 3D printing for industrial series production. The Company designs, manufactures and sells products for various industries, including automotive, dental, molding, medical, jewelry and luxury, aerospace and defense, architectural and design, consumer products and academic and research. It offers its customers multi-technology, multi-application industrial solutions, 3D printing systems and a wide range of composite, hybrid and powder products. In addition, it also develops its own manufacturing for the podiatry (orthopaedic soles) and dentistry (orthodontic pieces and dental trays) markets that is sold directly to healthcare professionals. It operates through Avenao Industrie and Interson-Protac.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Aurelien Sivignon

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