Press release from the issuing company
Positive gross profit margin trend confirmed ? Net profit of 33 million Euro
Further decrease in net debt
Mortsel, Belgium - Agfa-Gevaert today announced its third quarter 2015 results.
“Our third quarter results are in line with our expectations. As stopping top line erosion was one of our major focus points for this year, I am satisfied to report a continuous revenue increase. Pursuing this trend, we should be able to grow our full year revenue to 3 billion Euro in the medium term. Continuing the evolution of the previous quarters, our gross profit margin and recurring EBITDA margin improved versus last year. We reiterate our target of delivering a recurring EBITDA percentage close to 10 percent of revenue in 2015. Furthermore, I am very pleased with our solid net profit, which reflects our operational improvements, as well as the success of our restructuring efforts,” said Christian Reinaudo, President and CEO of the Agfa-Gevaert Group.
WhatTheyThink is the official show daily media partner of drupa 2024. More info about drupa programs
© 2024 WhatTheyThink. All Rights Reserved.
Discussion
Join the discussion Sign In or Become a Member, doing so is simple and free