Group Performance - The Agfa-Gevaert Group reported a revenue of €281 million in Q2 2025, a decrease of 1.6% compared to €286 million in Q2 2024. For H1 2025, revenue was €523 million, down 2.4% from €536 million in H1 2024 [7][30] - The Group's gross profit decreased to €85 million in Q2 2025, down 10.9% from €96 million in Q2 2024, resulting in a gross profit margin of 30.4% [7][30] - Adjusted EBITDA fell to €13 million in Q2 2025, a decline of 41.2% from €22 million in Q2 2024, with a margin of 4.7% [7][30] HealthCare IT Division - The HealthCare IT division achieved a revenue of €61 million in Q2 2025, reflecting a growth of 4.8% from €58 million in Q2 2024. For H1 2025, revenue increased by 8.2% to €118 million [11][14] - Adjusted EBITDA for HealthCare IT rose significantly by 57.3% to €8.9 million in Q2 2025, compared to €5.6 million in Q2 2024, with a margin of 14.6% [11][20] - The division's strong performance was attributed to the successful transition to cloud-based solutions, particularly in North America, with a stable order intake of €151 million over the past 12 months [14][20] Digital Print & Chemicals Division - The Digital Print & Chemicals division reported a revenue increase of 6.1% to €118 million in Q2 2025, driven mainly by Specialty Films & Chemicals [15][21] - Adjusted EBITDA decreased to €10 million, down 14.0% from €11.6 million in Q2 2024, with a margin of 8.4% [15][21] - The division faced challenges due to unfavorable market conditions affecting profitability, despite maintaining a stable order book [21] Radiology Solutions Division - The Radiology Solutions division experienced a significant revenue decline of 18.4% to €80 million in Q2 2025, heavily impacted by the ongoing decline in the medical film market, particularly in China [18][26] - Adjusted EBITDA for this division was negative at -€4.9 million, compared to a positive €7.1 million in Q2 2024, indicating severe profitability challenges [18][26] - The company is implementing a cost optimization plan for traditional film activities, with expected savings to begin in the second half of 2025 [26] Financial Position and Outlook - The company secured a new revolving credit facility of €180 million, enhancing its financial stability [4][8] - The net profit for Q2 2025 was reported at €30 million, significantly influenced by a favorable arbitration award related to AgfaPhoto [8][30] - The outlook for 2025 anticipates a positive net cash flow, primarily driven by inflows from discontinued operations and legal settlements [10][30]