Mortsel / Belgium, April 24, 2007 - 8 a.m. CET
2007 will be a milestone for Agfa-Gevaert, as it is the last year the Group will operate as a whole. During this period, day-to-day business as well as the implementation of the growth strategies are of crucial importance for the business groups. Also in 2007, all businesses will start seeing the benefits from the savings plans, but high raw material costs are expected to continue to affect results.
Graphics expects industrial inkjet to break through in 2007, with increasing sales and the gradual elimination of the start-up losses in the course of the second half of the year. Prepress operates in a mature market where the continuing decline of analog products is mostly being compensated by the growth of the more profitable digital printing plates. In HealthCare, the international roll-out of the enterprise-wide IT solutions as well as the growth in other digital and IT solutions and services should more than offset the continued market driven decline of film and print sales. Specialty Products is gaining market share in its film products and is targeting additional growth with innovative products and systems.
Agfa-Gevaert's first quarter results will be announced on May 3, 2007, before the stock market opens.
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About Agfa
The Agfa-Gevaert Group is one of the world's leading imaging and information technology companies. Agfa develops, manufactures and markets analogue and digital systems for the printing industry (Agfa Graphics), the healthcare sector (Agfa HealthCare) and specific industrial applications (Agfa Materials).
Agfa's headquarters are in Mortsel, Belgium. The company is present in 40 countries and has agents in another 100 countries throughout the world. The Agfa-Gevaert Group achieved a turnover of 3,401 million Euro in 2006.
Agfa-Gevaert Press contacts:
Katia Waegemans
Johan Jacobs
