voxeljet AG Reports Financial Results for Q1 2015

Interested parties may access the live audio broadcast by dialing 1-877-705-6003 in the United States/Canada, or +1-201-493-6725 for international, Conference Title “voxeljet AG First quarter 2015 Financial Results Conference Call.” Investors are requested to access the call at least five minutes before the scheduled start time in order to complete a brief registration. An audio replay will be available approximately two hours after the completion of the call at 1-877-870-5176 or +1-858-384-5517, Replay Conference ID number 13607605. The recording will be available for replay through May 20, 2015.

A live webcast of the call will also be available on the investor relations section of the Company’s website. Please go to the website ( http://www.voxeljet.de/en/) at least fifteen minutes prior to the start of the call to register, download and install any necessary audio software. A replay will also be available as a webcast on the investor relations section of the Company’s website.

Exchange rate

This press release contains translations of certain U.S. dollar amounts into Euros at specified rates solely for the convenience of readers. Unless otherwise noted, all translations from U.S. dollars to euros in this press release were made at a rate of USD 1.0759 to EUR 1.00, the noon buying rate of the Federal Reserve Bank of New York for the euro on March 31, 2015.

About voxeljet

voxeljet is a leading provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers. The Company’s 3D printers employ a powder binding, additive manufacturing technology to produce parts using various material sets, which consist of particulate materials and proprietary chemical binding agents. The Company provides its 3D printers and on-demand parts services to industrial and commercial customers serving the automotive, aerospace, film and entertainment, art and architecture, engineering and consumer product end markets. For more information, visit http://www.voxeljet.de/en/.

Cautionary Statement on Forward-Looking Statements

This press release contains forward-looking statements concerning our business, operations and financial performance. Any statements that are not of historical facts may be deemed to be forward-looking statements. You can identify these forward-looking statements by words such as ‘‘believes,’’ ‘‘estimates,’’ ‘‘anticipates,’’ ‘‘expects,’’ ‘‘plans,’’ ‘‘intends,’’ ‘‘may,’’ ‘‘could,’’ ‘‘might,’’ ‘‘will,’’ ‘‘should,’’ ‘‘aims,’’ or other similar expressions that convey uncertainty of future events or outcomes. Forward-looking statements include statements regarding our intentions, beliefs, assumptions, projections, outlook, analyses or current expectations concerning, among other things, our results of operations, financial condition, business outlook, the industry in which we operate and the trends that may affect the industry or us. Although we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that forward-looking statements are not guarantees of future performance. All of our forward-looking statements are subject to known and unknown risks, uncertainties and other factors that are in some cases beyond our control and that may cause our actual results to differ materially from our expectations, including those risks identified under the caption “Risk Factors” in the Company’s Annual Report on Form 20-F and in other reports the Company files with the U.S. Securities and Exchange Commission, as well as the risk that our revenues may fall short of the guidance we have provided in this press release. Except as required by law, the Company undertakes no obligation to publicly update any forward-looking statements for any reason after the date of this press release whether as a result of new information, future events or otherwise.

voxeljet AG

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

         
  Notes 03/31/2015   12/31/2014
(€ in thousands)
unaudited
Current assets 57,755 58,509
Cash and cash equivalents 7 7,879 8,031
Financial assets 3, 7 39,523 41,142
Trade receivables 7 2,844 3,148
Inventories 6,426 5,247
Income tax receivables 88 65
Other assets 4 995 876
 
Non-current assets 23,452 22,586
Financial assets 7 252 247
Intangible assets 1,210 1,315
Goodwill 5 1,413 1,558
Property, plant and equipment 6 20,541 19,466
Other assets 4 36 −
 
Total assets 81,207 81,095
 
     
  Notes 03/31/2015 12/31/2014
 
 
Current liabilities 8,420 5,567
Deferred income 603 469
Trade payables 7 3,018 2,326
Financial liabilities 7 1,297 1,241
Other liabilities and provisions 8 3,502 1,531
 
Non-current liabilities 3,295 4,228
Deferred income 647 826
Deferred tax liabilities − 213
Financial liabilites 2,025 2,263
Other liabilities and provisions 8 623 926
 
Equity 69,492 71,300
Subscribed capital 3,720 3,720
Capital reserves 75,671 75,671
Accumulated deficit (9,720) (8,090)
Accumulated other comprehensive loss (179) (1)
Total equity and liabilities 81,207 81,095

voxeljet AG

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