Agfa Q2 operating profit falls more than expected
BRUSSELS, July 30 (Reuters ) - Belgian imaging technology group Agfa-Gevaert (AGFB.BR: Quote, Profile, Research) reported a 31 percent fall in second-quarter operating profit on Wednesday, worse than market expectations.
The company, which specialises in hospital imaging systems and top-end printing for publishers and newspapers, said in a statement that recurring earnings before interest and tax (REBIT) dropped to 38 million euros ($59.79 million).
The average forecast in a Reuters poll of seven analysts was 42 million euros.
© Thomson Reuters 2009 All rights reserved
Pledge to support economies
G20 financial leaders pledged to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured. Full Article | Related Story
Galleon case
U.S. insider trading probe widens
Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal. Full Article
India
US
UK
