NACKA STRAND, Sweden, May 02, 2017 — (PRNewswire) —

First Quarter 2017

• Net sales increased by 7 per cent to 778.1 MEUR (724.2). Using fixed exchange rates and a comparable group structure (organic growth), net sales increased by 3 per cent
• Operating earnings (EBIT1) increased by 9 per cent to 174.5 MEUR (160.5)
• Earnings before taxes, excluding non-recurring items, amounted to 169.4 MEUR (155.3)
• Net earnings, excluding non-recurring items, amounted to 138.9 MEUR (125.8)
• Earnings per share, excluding non-recurring items, increased by 9 per cent to 0.38 EUR (0.35)
• Non-recurring items amounted to -50.8 MEUR (-) and relate to a cost savings programme and the acquisition of MSC
• Operating cash flow improved by 42 per cent to 143.5 MEUR (101.1)

Subsequent Events

• Hexagon completed the acquisition of MSC Software for a purchase price of 834 MUSD on a cash and debt free basis and the company will be consolidated as of 26 April

For further information, please contact:

Maria Luthstrom,
Investor Relations Manager, Hexagon AB,
+46-8-601-26-27,
Email Contact

This information is information that Hexagon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 13:00 CET on 2 May 2017.

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http://news.cision.com/hexagon/r/hexagon-interim-report-1-january---31-march-2017,c2255006

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SOURCE Hexagon