Annual Report 2002 - Agfa
Annual Report 2002 - Agfa
Annual Report 2002 - Agfa
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
”<br />
We do not have to persuade our clients to switch<br />
to <strong>Agfa</strong> technology. We notice it again and again:<br />
our exceptional image quality and the efficiency<br />
“<br />
of IMPAX make the difference.<br />
Joe Gauci,<br />
Sales and Marketing Manager Informatics, Australia<br />
Technical Imaging<br />
Technical Imaging is made up of HealthCare, Non-Destructive Testing and Industrial Imaging and represented 38.9% of Group<br />
sales in <strong>2002</strong> (previous year 37.1%). Technical Imaging’s sales and results are mainly determined by HealthCare, by far<br />
the largest Business Group in this segment.<br />
HealthCare<br />
HealthCare recorded sales of 1,491 million Euros in <strong>2002</strong> (2001: 1,498 million<br />
Euros). The strength of the Euro relative to the dollar is responsible for this small<br />
decline, as 43% of sales is earned in the NAFTA region. Digitisation continued<br />
unabatedly in <strong>2002</strong>: digital systems recorded a strong increase while revenues of<br />
X-ray film slipped. HealthCare’s profitability improved significantly in <strong>2002</strong>. Return on<br />
sales before restructuring grew from 10.3% in 2001 to 17.2% in <strong>2002</strong>.<br />
In the healthcare market <strong>Agfa</strong> strives to be a global leader in analogue and digital medical imaging<br />
systems and hospital networks. A two-track strategy has been adopted to achieve this. On the one<br />
hand, <strong>Agfa</strong> is using its experience in radiology to penetrate other medical imaging domains<br />
including, amongst others, cardiology, ophthalmology and women’s healthcare. On the other hand,<br />
the Group is focusing on the strongly growing market for hospital informatics, in which <strong>Agfa</strong> is<br />
primarily active with its PACS networks (PACS: picture archiving & communication systems) and<br />
related information systems.<br />
This two-tier strategy was mirrored in the reorganisation of HealthCare into two upstream<br />
marketing units, one for Imaging and the other for Informatics. They are supported by a single sales<br />
and service force which allows <strong>Agfa</strong> to accompany and advise hospitals to make a seamless<br />
transition from analogue to digital applications.<br />
19<br />
<strong>Agfa</strong> annual report <strong>2002</strong>