Earnings release
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PRODWAYS GROUP Press release October 28 , 2021 , 6:00 p.m. Activity of the third quarter 2021 A buoyant environment for 3D printing , which contributes structurally to the United Nations ' Sustainable Development Goals 9 INDUSTRY , INNOVATION AND INFRASTRUCTURE 12 RESPONSIBLE CONSUMPTION AND PRODUCTION QO Driven by the rise of Industry 4.0 and the digitization of production processes , 3D printing is considered an environmentally friendly technology : its additive process means that only the raw material needed to manufacture a part is used , and the reactivity of the processes eliminates the need to build up large stocks of parts . This technology thus contributes structurally to the United Nations Sustainable Development Goals 9 ( Industry , Innovation and Infrastructure ) and 12 ( Responsible Consumption and Production ) . The intensification of global efforts to promote the reindustrialization of the economic fabric and more responsible production methods is a fundamental trend that is sustaining the development of 3D Printing . Recent government announcements , tensions in supply chains and the urgent need to combat global warming confirm the need for innovation to which Prodways Group is responding . Third quarter sales Prodways Group recorded consolidated sales of € 16.4 million in the third quarter , up 26 % and 16 % on an organic basis . This performance confirms Prodways Group's growth momentum and the trends observed in the second quarter . It is the combined result of - The good performance of our markets and activities , - A solid revenue base , which is highly recurring and growing The acquisition of Créabis in Germany at the beginning of the third quarter . 1