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Agfa Q3 Results Hit by Strong Euro as Revenue, Profits Decline

Group revenue decreased by 10.1 percent; excluding currency effects, decline was 5.9 percent

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Agfa-Gevaert announced its third quarter 2013 results. “Our third quarter top line is distorted by the very strong adverse currency impact,” said Christian Reinaudo, president and CEO of the Agfa-Gevaert Group. “In addition, analog film revenue was much lower than in the third quarter of last year, when the analog businesses performed exceptionally strong, recovering from a weak period in 2011 and in the first months of 2012. Our future oriented digital and IT products, on the oth...

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