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
Editorial
More Editorial  
Jobs
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
CAD Engineer for Nvidia at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Upcoming Events
MEMS & Sensors Executive Congress (MSEC 2024) at Château-Bromont Hotel in Bromont Quebec Canada - Oct 7 - 9, 2024
PCB West 2024 at Santa Clara Convention Center Santa Clara CA - Oct 8 - 11, 2024
DVcon Europe 2024 at Holiday Inn Munich City Center, Munich Germany - Oct 15 - 16, 2024
International Test Conference (ITC) at United States - Nov 3 - 8, 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