Agfa-Gevaert Group reported that Agfa HealthCare saw its revenue decline slightly in the third quarter of 2016.
For the quarter, Agfa HealthCare posted revenue of 271 million euros ($295 million), down 1.8% from 276 million euros ($300 million) in 2015 before currency changes and down 1.1% after currency adjustment. For the nine months, it posted revenue of 802 million euros ($872 million), down 2.7% from 824 million euros ($896 million) during the same period in 2015.
The healthcare division's earnings before interest, taxes, depreciation, and amortization (EBITDA) were 33.9 million euros ($36.9 million), compared with 36.5 million euros ($39.7 million) in the corresponding quarter of 2015.
