Hexagon Interim Report 1 January - 31 March 2017

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,
ir@hexagon.com

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.

This information was brought to you by Cision http://news.cision.com
http://news.cision.com/hexagon/r/hexagon-interim-report-1-january---31-march-2017,c2255006

The following files are available for download:

 

To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/hexagon-interim-report-1-january--31-march-2017-300449473.html

SOURCE Hexagon

Contact:
Hexagon

Featured Video
Jobs
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Principal Engineer for Autodesk at San Francisco, California
GIS Specialist for Washington State Department of Natural Resources at Olympia, Washington
Mechanical Engineer 3 for Lam Research at Fremont, California
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Upcoming Events
Digital Twins 2024 at the Gaylord National Resort & Convention Center in, MD. National Harbor MD - Dec 9 - 11, 2024
Commercial UAV Expo 2025 at RAI Amsterdam Amsterdam Netherlands - Apr 8 - 11, 2025
Commercial UAV Expo 2025 at Amsterdam Netherlands - Apr 8 - 10, 2025
BI2025 - 13th Annual Building Innovation Conference at Ritz-Carlton Tysons Corner McLean VA - May 19 - 21, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise