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Agfa-Gevaert’s Growth Engines Drive Strong 2024 Performance

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Agfa-Gevaert’s Growth Engines Drive Strong 2024 Performance

The latest announcement is out from Agfa Gevaert NV ( (GB:0MFU) ).

Agfa-Gevaert reported strong financial performance in 2024, driven by significant growth in its digital printing, healthcare IT, and green hydrogen solutions divisions. The company achieved record-high EBITDA figures, particularly in Q4, and saw a substantial increase in order intake for healthcare IT, especially in cloud-based contracts. Despite the decline in traditional film markets, Agfa-Gevaert’s strategic focus on growth engines and cost optimization plans, including a cost reduction program for traditional film activities, have positioned it well for continued success. The company’s efforts have been recognized with several industry awards, highlighting its transformation and leadership in cloud-enabled enterprise imaging.

More about Agfa Gevaert NV

Agfa-Gevaert NV is a company operating in the digital imaging and IT solutions industry, focusing on sectors such as healthcare IT, digital printing, and green hydrogen solutions. The company is known for its digital printing solutions, healthcare IT systems, and innovative green hydrogen solutions, with a market focus on cloud-based healthcare imaging and sustainable energy solutions.

YTD Price Performance: 14.29%

Average Trading Volume: 2,531

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €121.2M

See more data about 0MFU stock on TipRanks’ Stock Analysis page.

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