Agfa-Gevaert NV (FRA:AGE)
€ 0.648 -0.01 (-1.52%) Market Cap: 105.90 Mil Enterprise Value: 223.90 Mil PE Ratio: 0 PB Ratio: 0.30 GF Score: 53/100
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Q1 2020 Agfa Gevaert NV Earnings Call Transcript

May 12, 2020 / 07:30AM GMT
Release Date Price: €3.84 (-0.39%)
Operator

Thank you for standing by and welcome to Q1 2020 Earnings Call. (Operator Instructions) Today's call is being recorded. (Operator Instructions)

Now we'll turn the meeting over to your host, Pascal Juery, CEO of Agfa Group.

Please go ahead.

Pascal Juery
Agfa-Gevaert NV - President, CEO & Director

Thank you, operator. Hello, everyone. Happy to be here in Mortsel with the executive team of Agfa to present the Q1 2020 results. My first remarks, of course, as we are living through extraordinary times, I hope that each of you and your loved ones are doing okay and staying safe and healthy during these times.

Well, let me walk you through a bit the Q1 results of Agfa, starting with the key highlights of the period for the group. First, as you know, we have announced a little bit over a week now that we have indeed closed the sale of part Agfa HealthCare IT business. So the sale to the Dedalus Group successfully closed at an enterprise value of EUR 975 million. I would like to remind you as well that we sold only part of the HealthCare

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