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
Latest Blog Posts
Bob Smith, Executive DirectorBridging the Frontier
by Bob Smith, Executive Director
ESD Alliance Member Companies at DAC
Jobs
Senior Hardware Engineer IV – CA for Ampex Data Systems Corporation at Hayward, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Senior DPU System Application Engineer for Nvidia at Santa Clara, California
Senior Post Silicon Hardware Engineer for Nvidia at Santa Clara, California
Upcoming Events
SemiconWest - 2024 at Moscone Center San Francisco CA - Jul 9 - 11, 2024
Flash Memory 2024 Conference & Expo FMS2024 at Santa Clara Convention Center Santa Clara CA - Aug 6 - 8, 2024
SEMICON Taiwan 2024 at Taipei Nangang Exhibition Center Taipei Taiwan - Sep 4 - 6, 2024



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