Agfa-Gevaert’s pandemic exposure leads to tough supply chain adjustments — Panjiva
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Agfa-Gevaert’s pandemic exposure leads to tough supply chain adjustments

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Agfa-Gevaert reported a 11.7% year over year slide in Q4’20 revenues as demand for film products across the photography, medical and other sectors declined due to the pandemic. That’s likely continued in 2021 with U.S. seaborne imports linked to the firm having declined by 21.1% in January and February after falling by 26.1% in Q4’20. Agfa has also found it has been “very tough to adjust our supply chains” to the reduced demand, according to CFO Dirk de Man, as well as “seeing inflationary pressure” in metals and shipping costs. The firm may b...

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