Agfa-Gevaert announces second quarter results

In the second quarter of 2005 Agfa reported sales of 849 million Euros, a decrease of 15.6 percent compared to the 2004 second quarter sales of 1,006 million Euros. Excluding the effects of currency fluctuations and of acquisitions and divestitures, sales increased by 0.6 percent. Sales in both business groups continued to be affected by decreasing prices, although Graphic Systems began to see the benefits from specific actions to counter price erosion.

Source: Huginonline


Posted: Thu - August 18, 2005 at 06:51 AM