Brief: Agfa-Gevaert Group Net Financial Debt Drops To EUR 6 Million In Q4 2023

Agfa Gevaert NV

13/03/2024 07:33

March 13 (Reuters) - AGFA Gevaert NV  AGFB.BR :
    * FY GROUP EBITDA INCREASES BY 52%, POWERED BY ITS GROWTH
ENGINES 
    * OUTLOOK: DUE TO SEASONALITY REASONS, SLOWER START OF 2024
IS
EXPECTED, FOLLOWED BY STRONGER SECOND HALF, SUPPORTED BY THE
IMPACT OF THE MATERIALIZATION OF POSTPONED PROJECTS
    * NET FINANCIAL DEBT (INCLUDING IFRS 16) IMPROVED FROM EUR
33 MLN
IN Q3 2023 TO EUR 6 MLN IN Q4 2023
    * OUTLOOK 2024: EXPECTS CONTINUATION OF TRENDS SEEN IN
PREVIOUS
YEAR, WITH CONTINUED GROWTH FOR GROWTH ENGINES AND FURTHER
PROFITABILITY IMPROVEMENTS

Source text:  ID:nGNE5ZDJCt 
Further company coverage:  AGFB.BR 

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