Agfa-Gevaert Reports Strong Second Quarter Due to Graphics Business

Performing markedly better than in the first months of this year, Agfa HealthCare booked a slight revenue increase of 0.3 percent (a decrease of 3.7 percent excluding currency effects) compared to the second quarter of 2009. The traditional imaging products continued their market-driven decline. Computed Radiography (CR) performed well and a strong order intake was booked for CR, as well as for Direct Radiography (DR). For IT, revenue grew substantially in the emerging countries and the USA, where Agfa HealthCare clearly outperformed the market. In certain Southern European countries, the unstable economic climate weighed on Agfa HealthCare's IT sales, whereas the beginning of an upturn was noticed in the German and Northern European markets.