Agfa-Gevaert, parent company of Agfa HealthCare, reported sales for the first three quarters of fiscal 2003 of 3.1 billion euros ($3.7 billion U.S.), down 9.5% compared with the 3.5 billion euros ($4.1 billion) booked in the same period last year.
The decrease was due to a continued combination of currency effects and the impact of sluggish economic conditions on its consumer imaging and graphic systems businesses, according to the Mortsel, Belgium-based vendor.For the quarter (end-September 30), the company reported sales of 1.044 billion euros ($1.221 billion) a 6.9% decrease compared with the 1.121 billion euros ($1.311 billion) posted in 2002.
Agfa did not break out specific sales figures for Agfa HealthCare in its financial results. However, the technical imaging division (of which HealthCare is the largest unit), reported operating results for the first three quarters for the division of 224.6 million euros ($262.8 million).
By AuntMinnie.com staff writersNovember 13, 2003
Related Reading
Agfa adds Premier contracts, October 27, 2003
Agfa completes Reunion Island RIS/PACS install, October 21, 2003
Agfa lands large Norwegian RIS/PACS orders, October 16, 2003
Agfa signs Sint-Maartenskliniek, October 2, 2003
Agfa wins big Australian RIS/PACS order, September 18, 2003
Copyright © 2003 AuntMinnie.com
