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Agfa-Gevaert Publishes 1Q 2014 Results

Gross profit margin increased year-on-year, in spite of the impact of the strike

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Agfa-Gevaert announced its first quarter 2014 results. The Agfa-Gevaert Group’s first quarter revenue declined by 11.8% to €622 million. The top line was also impacted by the rather weak performance in most of the emerging markets and by the product portfolio rationalization in Agfa Graphics. While Agfa HealthCare’s Direct Radiography and Enterprise IT businesses performed well, the Imaging IT activities suffered from the uncertain investment climate in the US healthcare sector. In spite of t...

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