Earnings release
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PRODWAYS GROUP Press release September 16 , 2021 , 6:00 p.m. First half 2021 results : a transformed company generating improving results - - A successful transformation for Prodways Group ... A new site in Annecy bringing together teams and creating operational synergies Revenues increasing + 27 % per year on average since 2015 Recurring revenues representing 60 % of the total , vs. 25 % in 2015 Sound balance sheet backed by a disciplined financial policy ... generating record earnings First half revenue up 27 % to € 34 million - EBITDA up 214 % bringing the EBITDA margin to an all - time high of 13 % - Positive operating income for the first time in Prodways ' history , at € 0.9 million Robust outlook underpinned by buoyant trends - The rise of 3D printing is helping to establish more sustainable production methods - - Record performances from dental and orthodontic aligners specialists , Prodways ' biggest market Development of the Products division gathers pace : integration of Creabis well underway Precision on 2021 guidance : revenue growth of around 20 % and profitability in line with H1 1