Agfa-Gevaert Reports Improved Profitability but Remains Loss-Making in Q1 2026
Agfa-Gevaert, the Antwerp-based imaging technology group, reported its financial results for the first quarter of 2026, highlighting a significant improvement in profitability despite continuing net losses. The company achieved a turnover of 236 million euros, representing a 2.3% nominal decrease but a 1.7% increase when excluding currency effects. A key driver of improved performance was a successful cost reduction program, which helped raise adjusted EBITDA sixfold to 12 million euros compared to the same period in 2025. Although the group faced challenges from rising silver prices, it managed to pass these increased costs on to customers. Despite these operational improvements, Agfa-Gevaert remained in the red with a net loss of 12 million euros, an improvement from the 20 million euro loss recorded in the first quarter of 2025. The company described the results as solid given the difficult market conditions. This report underscores the ongoing restructuring efforts and financial resilience of the Mortsel-based corporation as it navigates volatile raw material costs and complex market dynamics in the imaging sector.
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Agfa-Gevaert Reports Improved Profitability but Remains Loss-Making in Q1 2026
Agfa-Gevaert, the Antwerp-based imaging technology group, reported its financial results for the first quarter of 2026, highlighting a significant improvement in profitability despite continuing net losses. The company achieved a turnover of 236 million euros, representing a 2.3% nominal decrease but a 1.7% increase when excluding currency effects. A key driver of improved performance was a successful cost reduction program, which helped raise adjusted EBITDA sixfold to 12 million euros compared to the same period in 2025. Although the group faced challenges from rising silver prices, it managed to pass these increased costs on to customers. Despite these operational improvements, Agfa-Gevaert remained in the red with a net loss of 12 million euros, an improvement from the 20 million euro loss recorded in the first quarter of 2025. The company described the results as solid given the difficult market conditions. This report underscores the ongoing restructuring efforts and financial resilience of the Mortsel-based corporation as it navigates volatile raw material costs and complex market dynamics in the imaging sector.
Le Soir