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Stock impact report

The Agfa-Gevaert Group in Q3 2024: stable sales, adjusted EBITDA at 15 million euro - regulated information [Yahoo! Finance]

AGFA GEVAERT NV UNSP/ADR (AFGVY) 
NASDAQ:AMEX Investor Relations: agfa.com/corporate/investor-relations
Company Research Source: Yahoo! Finance
The Agfa-Gevaert Group posted double-digit revenue growth and a strong profitability step up in Digital Printing and Chemicals, and a significant increase in order intake in HealthCare IT, with a high share of cloud-based and net new customer contracts. This was counterbalanced by an accelerated market decline in traditional film activities. The 50 million euro savings program to align the cost base with the accelerated market decline of the film-related business is in full preparation. Savings will start to materialize in the second half of 2025, with the full potential to be realized in 2027. HealthCare IT: good traction in transitioning to cloud-enabled Enterprise Imaging 23% increase in the 12 months rolling order intake versus the year before, 45% cloud-related contracts in Q3, 57% net new customer contracts in Q3 On track with transition to cloud technology First go-live of cloud-based Enterprise Imaging platform Digital Print & Chemicals: growth engines power profita Show less Read more
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