Agfa-Gevaert Reports Strong Second Quarter Due to Graphics Business
• Net cash from operating activities amounted to 61 million Euro.
Agfa Graphics - second quarter 2010
Agfa Graphics' revenue improved by 19.9 percent (to 391 million Euro) vs. the second quarter of 2009, when the crisis was still significantly impacting the graphic industry. Broken down in business segments, the growth was due to an upturn of the digital computer-to-plate (CtP) prepress business and the business group's success in the analog computer-to-film (CtF) market. The Industrial Inkjet segment's revenue also continued to grow. Regionally, the revenue growth is mainly due to the good performance of Agfa Graphics in the USA and in the emerging countries. In most European countries, the industry is recovering far slower than in the rest of the world. In general, competitive pressure continues to weigh on the business group's revenue.
- Companies:
- Agfa Graphics
- Pitman Co.