Economic slowdown affects businesses, mainly in Agfa Graphics and Agfa Specialty Products
Good performance of Agfa HealthCare
Group Sales decreased 12.1 percent to 662 million Euro
Further improvement of SG&A costs
Recurring EBIT at 28 million Euro versus 40 million Euro in first quarter of 2008
Net result at minus 9 million Euro
Further execution of net financial debt reduction program - Net financial debt further improved from 703 million Euro in the first quarter of 2008 to 661 million Euro
Mortsel (Belgium), April 28, 2009 - Agfa-Gevaert today announced its first quarter results.