Agfa-Gevaert bespreekt prestaties in het eerste kwartaal van 2019 - Gereglementeerde informatie - 14-05-2019 - 7 45 uur CET:
Milestones in the transformation process
· Further steps in the strategic alliance with Lucky HuaGuang for offset
· Part of Agfa HealthCare to be sold
· Top line stable excluding discontinuation of certain offset-related reseller activities in the United States
· Adjusted EBIT at 20 million Euro (including IFRS 16)
· Net result at minus 3 million Euro (including IFRS 16)
Mortsel (Belgium), May 14, 2019 - Agfa-Gevaert today commented on its achievements in the first quarter of 2019.
MILESTONES IN THE AGFA-GEVAERT GROUP'S TRANSFORMATION PROCESS
"In 2018, we have taken major steps to transform our Group and to prepare our businesses for future growth. In the first quarter, we have made further progress with several major projects. With regard to the strategically important offset alliance with the Chinese company Lucky HuaGuang Graphics Co. Ltd, we have now finalized the creation of the common sales platform and fully defined the way we will conduct our business in the Chinese market. We have also taken several initiatives to improve our offset position in the emerging markets.
Furthermore, as announced on March 13, 2019, the Board of Directors has decided to further extend the independence of Agfa HealthCare. After careful review, in conjunction with its advisers, the Board has decided to investigate the sale of a part of Agfa HealthCare. That part is expected to primarily comprise the Hospital IT and Integrated Care businesses, as well as the Imaging IT business to the extent that this business is tightly integrated into our Hospital IT business. This is the case mainly in the DACH region, France and Brazil. Preparations for the sale process have started, which is expected to be launched in the second half of this year. As a consequence, the future Agfa HealthCare will retain the majority of the Imaging IT business and will remain one of the growth engines of the Agfa-Gevaert Group. We are confident that this is the best option to offer all activities the strength and the means to grow," said Christian Reinaudo, President and CEO of the Agfa-Gevaert Group.