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Q: AGFA Corp ( Answered 4 out of 5 stars,   0 Comments )
Subject: AGFA Corp
Category: Business and Money > Economics
Asked by: mark800-ga
List Price: $5.00
Posted: 12 Jun 2004 15:12 PDT
Expires: 12 Jul 2004 15:12 PDT
Question ID: 360147
Is AGFA (photo company) for sale? If so why? In either case, what is
their current financial condition (brief overview - from something
like Yahoo finance)


Request for Question Clarification by pafalafa-ga on 12 Jun 2004 17:03 PDT
AGFA as a whole isn't for sale, as far as I know.  But the company is
considering spinning-off its Consumer Imaging unit, which is the part
of the company that markets film and photo paper.

If this is what you had in mind, I can provide a link or two to
articles that discuss the proposed spin-off, along with the general
business conditions of the company.

Let me know.


Clarification of Question by mark800-ga on 13 Jun 2004 01:53 PDT
Yes, this is helpful. Please provide links.
Subject: Re: AGFA Corp
Answered By: pafalafa-ga on 13 Jun 2004 06:01 PDT
Rated:4 out of 5 stars
Hello again, Mark.

Here are the key links I mentioned:

AGFA analyses business model options for Consumer Imaging 

In view of the uncertainties characterizing the 
markets of Consumer Imaging, Agfa-Gevaert already 
previously announced that it intends to run 
Consumer Imaging as a separate unit, enabling it to 
react with maximum flexibility to the rapidly 
changing market circumstances...


Agfa-Gevaert's results after 3 months in 2004

Recovery after a slow start

. Stronger March after weak January and February

. Cost savings program continues to pay off

. Consumer Imaging to be run as a separate entity

May 13, 2004 - The first quarter's revenues and 
results were characterized by the slow start of the 
first two months, while March showed considerable 
improvement. April's revenues confirmed this 
encouraging trend...


These articles should provide you the overview you 
were lookin for.  The link to Google News, below, 
includes quite a number of additional, recent 
articles, in case you are interested.

Before rating this answer, please let me know if 
you need any additional information.  Just post a 
Request for Clarification, and I'll be happy to 
assist you further.  


search strategy:  Searched Google News for Agfa:
mark800-ga rated this answer:4 out of 5 stars
Thanks . Sorry for the delay.

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