Materialise Will Continue to Invest Organically and Achieve Profitability
Materialise, a provider of 3D printing solutions, saw a loss in 2014 even as revenue was strong, as it beefed up spending in R&D and sales and marketing initiatives.
Peter Leys, Executive Director of Materialise, tells TheStreet's Jill Malandrino, the company saw a loss in 2014, even as revenue was strong, due to spending in areas of research and development and sales and marketing expenses. Leys says Materialise will continue to invest in these areas in 2015 in an effort to grow organically and unlock shareholder value as there are significant long-term growth opportunities in the 3D printing sector. A key area is the launch of new software solutions addressing the growing demand for manufacturing of end parts. In addition, Materialise is expected to be profitable in 2015.
