Agfa to host virtual event during Fespa time frame

Agfa has announced that it will host a three-day virtual event during the original Fespa time frame of 6 to 8 October.

The event, Studio 5D10, is targeted at aspiring as well as experienced inkjet printing companies and will broadcast sessions focused on inkjet printing to support printing companies worldwide through their current business challenges and help them thrive in the future.

“Tradeshows like Fespa and Printing United may have been postponed due to the COVID-19 outbreak, but our commitment to the printing industry stands strong,” Agfa inkjet sign and display business unit head Tom Vermeulen said.

“We want to inspire and engage printing companies. In Studio 5D10, our experts will give them an update on our offering, and discuss how it can move their businesses forward in a cost-effective way.”

Studio 5D10 takes its name from what would have been Agfa’s booth number at Fespa this October.

The series of targeted broadcasts focuses on market and technology trends in inkjet printing, as well as how printing companies can benefit from Agfa’s latest printing innovations for sign and display and industrial print applications – including high-performance large-format printers, dedicated workflow automation software and GREENGUARD Gold certified inkjet inks.

The event will play host to two broadcasts per day across the three days, consisting of a mix of expert talks, user cases, background info and Q&A sessions.

Each broadcast will handle a specific topic, ranging from dealing with printing corrugated from flat to finish, over growing and diversifying offset printers’ businesses with large-format inkjet printing, to made-to-measure specialty inkjet solutions – both for sign & display and for industrial applications.

Focus points will be on the power of creative print applications, the importance of perfectly matched print system building blocks, as well as different forms of smart automation options that save printing companies time and money.

The Agfa-Gevaert Group recently announced its Q2 2020 financial results, reporting an adjusted EBITDA of €31 million (7.9 per cent of revenue), down from the €48 million (9.7 per cent of revenue) in the second quarter of 2019.

According to the company, the COVID-19 pandemic, issues in the offset printing industry, and the refocus on higher margin activities in several business areas resulted in this “strong impact” on its top line.

To improve profitability and to address the significant decline in market demand, Agfa said is reviewing its offset business model, simplifying its organisation and streamlining its product offering.

Furthermore, Agfa mentioned that it is reorganising its printing plate manufacturing capacity.

See the list of scheduled Studio 5D10 sessions and register here. All broadcasts will be streamed from Agfa’s headquarters in Belgium, in English. They will last approximately one hour each and links to the recordings will be made available at the end of each broadcasting day.

 

 

 

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