Materialise Reports Full Year and Fourth Quarter 2018 Results

(1) Non-cash stock-based compensation expenses represent the cost of equity-settled and cash-settled share-based payments to employees.

(*): 2017 has been restated following the final accounting of the ACTech business combination and the adjustment to the ACTech inventories valuation.

Segment P&L (Unaudited)

                                   
(in 000)

Materialise
Software

Materialise
Medical

Materialise
Manufact-
uring

Total
segments

Unallocated

Consoli-
dated
 
For the three months ended December 31, 2018
Revenues 10,044 15,081 23,926 49,051 (37) 49,014
Segment EBITDA 2,969 3,593 1,983 8,545 (3,011) 5,534
 

Segment EBITDA %

29.6% 23.8% 8.3% 17.4% 11.3%
 
For the three months ended December 31, 2017*
Revenues 10,468 11,842 22,394 44,704 29 44,733
Segment EBITDA 4,619 2,158 1,377 8,154 (2,727) 5,427
 

Segment EBITDA %

44.1% 18.2% 6.1% 18.2% 12.1%
 

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