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Aug 26, 2010
Agfa-Gevaert reports strong second quarter results
· Group revenue increased by 8.7 percent, mainly driven by the good
performance in the USA and the emerging countries
· Recurring EBIT more than doubled to 84 million Euro
· At 39 million Euro, the net result is positive for the third quarter in a
row
· Net debt at 391 million Euro
Press Release - For Immediate Release
 
Mortsel (Belgium), August 25, 2010 - Agfa-Gevaert today announced its
second quarter results.

Clearly outperforming the trend of the first months of the year, the Group's revenue
grew 8.7 percent versus the second quarter of 2009 to 736 million Euro. The
increase is largely attributable to Agfa Graphics, whereas Agfa HealthCare posted
a slightly higher revenue. The current exchange rate conditions had a beneficial
impact on the Group's top line business performance.

Due to the continuous success of the efficiency improvement programs, the
optimal use of the manufacturing capacity, favorable raw material effects and an IP
related one-off effect in Agfa Graphics, the Group's recurring gross profit margin
improved to 36.0 percent, versus 31.6 percent in the second quarter of 2009.
 
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