Agfa-Gevaert NV is a Belgium-based imaging company that develops, produces and distributes a range of analog and digital imaging systems and IT solutions, mainly for the printing industry and the healthcare sector, as well as for specific industrial applications. The Company’s activities are divided in three independent business groups: Agfa Graphics, which offers integrated prepress solutions to the printing industry; Agfa HealthCare, which supplies hospitals and other healthcare centers with systems for capturing, processing and managing diagnostic images; and Agfa Specialty Products, which supplies a film-based products and high-tech solutions to business-to-business customers outside the graphic and healthcare markets. The Company is commercially active worldwide through more than 40 wholly-owned sales organizations. Its main production and research centers are located in Belgium, Germany, France, Italy, the United States, Canada and China.
Quick Financial Synopsis
BRIEF: For the nine months ended 30 September 2009, Agfa-Gevaert NV's total revenue decreased 11% to EUR2M. Net loss for the period decreased from EUR0K to EUR14K. Total revenue reflects a decrease in demand for the Company's products and services and unfavorable market conditions. Net loss for the period reflects a decrease in gross margins. Net loss also reflects a decrease in other income.