Agfa Reports Profit Increase on Lower Sales in Third Quarter
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The net result amounted to 4 million Euro, compared to minus 13 million Euro in the third quarter of 2008.
Balance Sheet and Cash Flow
• At the end of September 2009, total assets were 2,931 million Euro, compared to 3,160 million Euro at the end of 2008.
• Inventories were 514 million Euro (or 97 days). Trade receivables (including deferred revenue and advanced payments) amounted to 532 million Euro, or 70 days and trade payables were 190 million Euro, or 36 days.
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