Hexagon Interim Report 1 January - 31 March 2024

STOCKHOLM, April 26, 2024 — (PRNewswire) —

First quarter 2024

  • 3 per cent organic revenue growth (using fixed exchange rates and a comparable group structure)
  • Net sales increased by 1 per cent to 1,299.9 MEUR (1,286.6)
  • Net sales including the reduction of acquired deferred revenue amounted to 1,299.9 MEUR (1,285.1)
  • Adjusted gross margin of 66.5 per cent (66.5)
  • Adjusted operating earnings (EBIT1) increased by 1 per cent to 376.5 MEUR (371.2)
  • Adjusted operating margin amounted to 29.0 per cent (28.9)
  • Earnings per share, excluding adjustments, amounted to 10.1 Euro cent (10.4)
  • Earnings per share, including adjustments, amounted to 8.9 Euro cent (9.1)
  • Operating cash flow before non-recurring items increased to 219.4 MEUR (141.5)
  • Cash conversion amounted to 88 per cent (66)
  • Recurring revenue increased by 6 per cent to 520.3 MEUR (491.5)

For further information, please contact:
Tom Hull, Head of Investor Relations, +44 (0) 7442 678 437,  Email Contact
Anton Heikenström, Investor Relations and Business Analyst, +46 8 601 26 26,  Email Contact

This 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 26 April 2024.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/hexagon/r/hexagon-interim-report-1-january---31-march-2024,c3968364

The following files are available for download:

Cision View original content: https://www.prnewswire.com/news-releases/hexagon-interim-report-1-january---31-march-2024-302128408.html

SOURCE Hexagon

Contact:
Company Name: Hexagon
Financial data for Hexagon

Featured Video
Jobs
Senior Principal Software Engineer for Autodesk at San Francisco, California
Principal Engineer for Autodesk at San Francisco, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Mechanical Engineer 2 for Lam Research at Fremont, California
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, 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 Amsterdam Netherlands - Apr 8 - 10, 2025
Commercial UAV Expo 2025 at RAI Amsterdam Amsterdam Netherlands - Apr 8 - 11, 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