Agfa-Gevaert NV (AFGVF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the Agfa Second Quarter twenty twenty six Results Conference Call. For the first part of the conference call, the participants will be in listen only mode. During the questions and answer session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now I will hand the conference over to Pascal Jure, CEO. Please go ahead, sir. Good morning, everyone, and thank you for attending our conference. I'm sitting today with Fiona Lam, our CFO, and the rest of the executive team. And before I walk you through the results, I just like to come back to the transition we are having today with Fiona Lam who's gonna leave the group by the end of the month and the announcement of our new CFO, Declan Gera. So I just want to publicly thank Fiona for the two years she has spent with Agfa having an excellent impact and helping me in steering the transformation of the group. This is the last call that Fiona is gonna do today with you. And there will be no vacancy because in November, we'll we'll have our new CFO in place since Declan will be starting October 1. So thank you, Fiona. Turning to the results. As you've seen, pretty resilient results, but a lot of moving parts actually. If I start with the three growth engines of Agfa, I can start with health care IT, very good commercial momentum, very good order intake, excellent move to the cloud, a lot of net new cloud customers. But as I repeat every time, there is an impact of this cloud transformation, and that's the delay of revenue and margin recognition. And as you can see, the SaaS transformation of the business is accelerating because our order intake were 50% cloud based during the quarter. But the message is also we are winning in the market. 54% of our order i...