Hexagon Positively Affected by U.S. Tax Reform

NACKA STRAND, Sweden, Jan 15, 2018 — (PRNewswire) —

Due to the legislation of the U.S. tax reform (Tax Cuts & Jobs Act), resulting in revaluations of deferred tax liabilities on the balance sheet, Hexagon expects a one-off positive tax income of approximately 72 MEUR during the fourth quarter of 2017. The one-off positive tax effect will not impact the cash flow.

Hexagon does not expect any significant changes in the group tax rate for 2018 based on current estimates.

For further information, please contact:

Maria Luthström
Investor Relations Manager
Hexagon AB
+46-8-601-26-27
ir@hexagon.com

Kristin Christensen
Chief Marketing Officer
Hexagon AB
+1-404-554-0972
media@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 08:00 CET on 15 January 2018.

This information was brought to you by Cision http://news.cision.com
http://news.cision.com/hexagon/r/hexagon-positively-affected-by-us-tax-reform,c2431135

The following files are available for download:

 

Cision View original content: http://www.prnewswire.com/news-releases/hexagon-positively-affected-by-us-tax-reform-300582419.html

SOURCE Hexagon

Contact:
Company Name: Hexagon
Financial data for Hexagon

Featured Video
Latest Blog Posts
Sanjay GangalIndustry Predictions
by Sanjay Gangal
AECCafe Industry Predictions for 2025 – DGG
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
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Sr. GIS Apps Product Engineer for ESRI at Portland, ME, Maine
Upcoming Events
Geospatial World Forum 2025 at Madrid Marriott Auditorium Madrid Spain - Apr 22 - 25, 2025
BI2025 - 13th Annual Building Innovation Conference at Ritz-Carlton Tysons Corner McLean VA - May 19 - 21, 2025
SIGGRAPH 2025 at Convention Centre Vancouver, British Columbia Canada - Aug 10 - 14, 2025



© 2025 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