Record Revenue in Materialise Medical
Materialise Medical posted an all-time revenue record of EUR 33.3 million, growing by more than 10% compared to the third quarter of last year.
Strong Growth in Medical Devices and Services
Continued growth in both direct and partner sales in the Medical Devices and Services segment, with medical software and device sales growing by 6% and 12%, respectively.
Net Cash Position Increase
The company further increased its net cash position to EUR 67.7 million, driven by strong free cash flow.
Progress in Defense Sector
Materialise made progress in the defense sector, leveraging capabilities built for aerospace, and engaged with major primes at various defense and security trade exhibitions.