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Agfa Q2 operating profit falls more than expected

Wed Jul 30, 2008 11:43am IST
 
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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.

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