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Annual Report 2002 - Agfa

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”<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>

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