Agfa-gevaert Nv · EURONEXT:AGFB
Agfa-gevaert Nv — Corporate Update (April 2022)
13 slides from Agfa-gevaert Nv's corporate update, Apr 21, 2022
Slide 1: Agfa Transformation update
Agfa Transformation update Mortsel, 21 April 2022
Slide 2: Agenda
Agfa Transformation update Agenda Two new announcements in our journey to profitable growth: Accelerate the growth in DPC’s digital printing: the Inca acquisition Update on Agfa’s operating model: the internal finance transformation 2
Slide 3: Digital Printing Solutions – Important growth area for Agfa
Digital Printing Solutions – Important growth area for Agfa Our Mission: Provide Digital Printing Solutions for Selected Sign & Display and Industrial Markets Our Challenge: Growing overall to critical mass & entering high growth industrial segments 3
Slide 4: Digital Printing Solutions – important focus markets for Agfa
Digital Printing Solutions – 3 important focus markets for Agfa Sign & Display Décor / Laminate Packaging (graph below = addressable market in Corrugated only) +5% p.a. 1170 +11% p.a. +22% p.a. 860 Market size 880 €M 390 235 320 2021 2026 2021 2026 2021 2026 Agfa’s current Full solution offer in l
Slide 5: Inca in numbers
Inca in numbers 170 employees 143 in HQ - Cambridge UK – mainly R&D / manufacturing 27 in USA – service organization €36 M turnover 50% equipment / 50% service & spare parts 3 Product lines High-end flatbed UV multi-pass printer (300+ installed) – Onset New line of single-pass printers
Slide 6: Inca acquisition – a significant step up!
Inca acquisition – a significant step up! 3 value drivers Installed Complement Agfa’s Sign & Display offer in high- base in Sign end segment and reaching critical mass with & Display synergies in inks, service & commercial network Accelerated Access to Single-Pass technology to grow in Single-Pa
Slide 7: Value driver 1 = Increasing the installed base in Sign & Display
Value driver 1 = Increasing the installed based in Sign & Display Current Installed base of 300 printers Currently distributed by Fuji Agfa Tauro UHS Inca Onset Only equipment & spare parts Service in part of the world Agfa potential 600 m²/hr Max speed 1 400 m²/hr Immediate plug-in in Agf
Slide 8: Value driver 2 = Accelerated Single-Pass development
Value driver 2 = Accelerated Single-Pass development Current Single-Pass printer to enter folding carton and Agfa Tauro UHS Inca Speedset subsequently corrugated Expected commercial launch in 2024 – Beta unit 2022 Agfa potential 600 m²/hr Max speed 9 000 m²/hr Enter in high growth packaging ma
Slide 9: Value driver 3 = BHS Corrugated partnership
Value driver 3 = BHS Corrugated partnership Current Active field test unit (Germany) Collaboration with largest corrugator Agfa Tauro UHS Print Engine (joint manufacturer BHS Corrugated development with BHS Corrugated) Expected commercial launch in 2024 Agfa potential Build on BHS Corrugated
Slide 10: Update on Agfa's operating model transformation
Update on Agfa’s operating model transformation Operating model Steps already taken: Simplification of our go to market organization Internal IT transformation – Atos cooperation Today’s announcement: the internal finance transformation following a global business services approach 10
Slide 11: The internal finance transformation: more efficient, digital and impactful organization
The internal finance transformation: moving towards a more efficient, digital and impactful organization Agfa will use a Global Business Services (GBS) approach focusing on: Generate cost savings Redesign towards standardized and efficient end-to-end while improving overall processes in accounti
Slide 12: In summary
Agfa Transformation update In summary The Inca acquisition means a significant step up in expanding Agfa’s digital printing business The reorganization of our internal finance activities is another important step in Agfa’s transformation program and we will continue to review our operating model
Slide 13: Questions?
Questions? 13