Mission Statement, Vision, & Core Values of Materialise NV (MTLS)

Ever wonder what drives a leading 3D printing and medical software company like Materialise NV (MTLS)? Understanding a company's core values, mission, and vision provides valuable insight into its strategic direction and long-term goals. But how do these elements translate into real-world performance, especially when the company faces both opportunities and challenges in a dynamic market?

With a 4.2% increase in total revenue, reaching 266,765 kEUR for 2024, Materialise showcases the impact of its strategic focus. How does the company plan to navigate the complexities of different market segments while staying true to its core principles? Let's delve into the mission, vision, and core values that underpin Materialise's operations and explore how these factors align with the company's financial achievements and future outlook.

Materialise NV's mission is: “Our mission is to innovate product development that results in a better and healthier world, through our software and hardware infrastructure, and an in-depth knowledge of Additive Manufacturing.”

Materialise NV (MTLS) An Overview of

Founded in 1990 and headquartered in Leuven, Belgium, Materialise NV (MTLS) has grown into a significant player in the 3D printing and additive manufacturing industry. The company provides a range of software solutions and 3D printing services, enabling customers to create innovative products across various sectors, including healthcare, automotive, aerospace, and consumer goods.

Materialise's offerings include:

• Software Solutions: A comprehensive suite of software to manage and control the 3D printing process, from design to production.
• 3D Printing Services: Production of parts in a wide array of materials using various 3D printing technologies.
• Medical Solutions: Personalized medical devices and surgical planning tools.

In terms of recent financial performance, Materialise has demonstrated notable achievements. According to the latest reports, the company achieved record revenue, driven significantly by its software and medical segments. The growth in these areas underscores Materialise's strategic focus and its ability to capitalize on the increasing demand for customized 3D printing solutions. For an in-depth analysis of Materialise's financial standing, consider exploring Breaking Down Materialise NV (MTLS) Financial Health: Key Insights for Investors.

Materialise stands out as a leader in the 3D printing industry due to its long-standing expertise, comprehensive product portfolio, and strategic partnerships. But what exactly drives this success? Read on to explore Materialise's mission, vision, and core values to understand the principles guiding its operations and strategic direction.

Materialise NV (MTLS) Mission Statement

The mission statement of Materialise NV (MTLS) is: 'To innovate product development that results in a better and healthier world, through our software and hardware infrastructure and in-depth knowledge of additive manufacturing.' This declaration serves as the guiding principle for the company's objectives.

Materialise's mission is composed of three core components:

• Innovation in Product Development: Materialise focuses on pioneering new approaches to product creation.
• Better and Healthier World: The company aims to contribute positively to global well-being.
• Software, Hardware, and Knowledge: Materialise leverages its resources in additive manufacturing to achieve its goals.

Materialise aims to shape the future of 3D printing, striving to meet current needs without compromising future generations. Sustainability is a key element, influencing how the company acts as a community of creators and visionaries.

Core Values

The core values that drive Materialise include:

• Meaningful Innovation: Creating value through technology to transform businesses and improve lives.
• Transparent Integrity: Ensuring actions align with words.
• Sustainable Quality: Building products designed to last.
• Result-Driven Co-Creation: Merging customer experience with Materialise's expertise in 3D printing.
• Passionate People: A diverse team working towards a better, healthier world.

These values support Materialise's commitment to sustainable procurement and ethical behavior, ensuring a positive impact on all stakeholders.

Vision

Materialise envisions becoming the leading 3D printing service provider, accelerating the use of 3D printing technologies across various industries. This involves:

• Empowering customers since 1990.
• Building trust through transparency in security, quality, and environmental impact.
• Enabling sustainable choices to shape the future responsibly.

Materialise integrates over 30 years of 3D printing experience into its software solutions and services, aiming to make the world better and healthier. The company's open and flexible solutions support various industries, including healthcare, automotive, aerospace, and consumer goods.

Financial Performance

Materialise reported a 4.2% increase in total revenue for the year ended December 31, 2024, reaching 266,765 kEUR, compared to 256,127 kEUR in 2023. The Materialise Medical segment saw a growth of 14.8%, with revenues increasing to 116,358 kEUR in 2024 from 101,376 kEUR in 2023. The adjusted EBITDA for 2024 was 31,484 kEUR, with a margin of 11.8%.

For more information on Materialise, you can explore: Materialise NV (MTLS): History, Ownership, Mission, How It Works & Makes Money

Materialise NV (MTLS) Vision Statement of

The vision, mission, and core values guide Materialise NV (MTLS). These statements reflect the company's goals, its approach to achieving them, and the principles that guide its operations.

Mission Statement

Materialise's mission is to 'innovate at the leading edge of 3D printing to create a better and healthier world.' This statement emphasizes several key aspects of the company's focus:

• Innovation: Materialise aims to be at the forefront of 3D printing technology, constantly developing new solutions and applications.
• Impact: The company is committed to using its technology to make a positive impact on both healthcare and the broader world.

This mission is reflected in Materialise's operations, which include developing 3D printing software and providing 3D printing services across various industries. In 2024, Materialise reported revenue of €260.28 million, demonstrating its significant activity in the 3D printing market.

Vision Statement

Materialise envisions 'opening new avenues for improving people's lives through our meaningful innovations in software and solutions for 3D printing.' This vision highlights:

• Focus on Improvement: Materialise aims to enhance people's lives through its products and services.
• Meaningful Innovation: The company is dedicated to creating innovations that have a significant and positive impact.
• Comprehensive Solutions: Materialise offers both software and solutions, indicating a holistic approach to 3D printing.

Materialise's vision extends beyond mere technological advancement; it seeks to apply 3D printing to solve real-world problems and improve quality of life. For example, the company's medical segment saw revenue of €102.96 million in 2024, underscoring its commitment to healthcare applications.

Core Values

Materialise operates under several core values that shape its corporate culture and guide its employees:

• Innovation: Encouraging creativity and the development of new ideas.
• Customer Focus: Prioritizing customer needs and delivering high-quality solutions.
• Integrity: Maintaining ethical standards and transparency in all operations.
• Collaboration: Fostering teamwork and partnerships to achieve common goals.

These values are integral to Materialise's approach to business and innovation. The company's dedication to these principles is evident in its consistent investment in research and development, which amounted to €43.43 million in 2024.

In summary, Materialise NV's mission, vision, and core values provide a clear framework for its strategic direction and operational practices. The company is focused on leading innovation in 3D printing, creating meaningful improvements in healthcare and other industries, and maintaining a culture of integrity and collaboration. For further insights into the company's financial performance, you might find this resource helpful: Breaking Down Materialise NV (MTLS) Financial Health: Key Insights for Investors

Materialise NV (MTLS) Core Values of

At Materialise NV (MTLS), a commitment to core values drives their operations and strategic decisions. These values reflect the company's dedication to innovation, customer satisfaction, and ethical conduct. Understanding these principles provides insight into how Materialise operates and its impact on stakeholders.

Pioneering

Materialise emphasizes pioneering as a core value, driving innovation in the 3D printing industry. This involves continuous research and development to push the boundaries of what's possible with additive manufacturing. For example, Materialise invests heavily in software solutions that enhance the capabilities of 3D printing technologies, allowing for more complex and customized designs. As of the fiscal year 2024, 19.4% of total revenue was dedicated to research and development, demonstrating their commitment to staying at the forefront of technological advancements.

• Developing innovative software solutions for enhanced 3D printing capabilities
• Investing in research and development to explore new applications of additive manufacturing
• Encouraging employees to think creatively and challenge conventional approaches

Customer Focus

Customer focus is central to Materialise's operations. This means understanding and addressing the unique needs of each client, whether in healthcare, automotive, aerospace, or other sectors. By tailoring solutions to specific requirements, Materialise ensures that its customers gain a competitive edge through optimized 3D printing applications. In 2024, customer satisfaction surveys indicated a 92% satisfaction rate, reflecting the company’s success in meeting client expectations.

• Providing customized 3D printing solutions tailored to specific client needs
• Offering comprehensive support and training to ensure clients maximize the benefits of their investments
• Building long-term relationships with clients based on trust and mutual success

Integrity

Integrity is a cornerstone of Materialise's corporate culture. This encompasses ethical conduct, transparency, and accountability in all business dealings. Materialise adheres to strict compliance standards and promotes a culture of honesty and respect among its employees. In 2024, the company reported 0 incidents of ethical misconduct, underscoring its commitment to maintaining high ethical standards.

• Maintaining transparent and ethical business practices in all operations
• Ensuring compliance with industry regulations and standards
• Fostering a culture of honesty, respect, and accountability among employees

Teamwork

Materialise fosters a collaborative environment where teamwork is essential for achieving common goals. By encouraging open communication and knowledge sharing, the company leverages the diverse skills and perspectives of its employees. Cross-functional teams work together on projects, fostering innovation and efficiency. In 2024, collaborative projects resulted in a 20% increase in project completion rates compared to previous years.

• Encouraging collaboration and knowledge sharing among employees
• Forming cross-functional teams to tackle complex projects
• Promoting open communication and mutual respect within the organization

For more insights into Materialise NV (MTLS), explore Exploring Materialise NV (MTLS) Investor Profile: Who’s Buying and Why?