Agfa-Gevaert NV (OTCPK:AFGVF)
$ 1.1 0 (0%) Market Cap: 152.83 Mil Enterprise Value: 261.33 Mil PE Ratio: 0 PB Ratio: 0.39 GF Score: 59/100

Q3 2021 AGFA Gevaert NV Earnings Call Transcript

Nov 09, 2021 / 12:00PM GMT
Release Date Price: $4.58
Operator

Hello, and welcome to the Agfa Q3 2021 Results Call. (Operator Instructions)

I would now like to hand over to our host, Pascal Juery, CEO, to begin the call. Thank you.

Pascal Juery
Agfa-Gevaert NV - President, CEO, President of Radiology Solutions & Director

Thank you very much, and hello, everybody, and welcome to the Agfa Third Quarter Results Call. I'm sitting today in Mortsel with Dirk De Man, our CFO, and the executive team of Agfa.

So to start, I think Q3 results, 2 numbers, plus 7% top line versus last year, plus 35% EBITDA versus last year.

However, sequentially, it's a lower quarter than Q2, as announced during the communication on Q2. And we've seen indeed margin pressure from cost inflation and also lost opportunities from supply chain issues. So overall, a decent top line recovery for all businesses, but HealthCare IT, and I will come back specifically to this point, that were a bit hindered by the cost inflation that has been building up in the P&L. So the cost inflation is not new, but it's been hitting the P

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