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
Jobs
GPU Design Verification Engineer for AMD at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
CAD Engineer for Nvidia at Santa Clara, California
Upcoming Events
Phil Kaufman Award Ceremony and Banquet to be held November 6 at Hayes Mansion at Hayes Mansion 200 Edenvale Ave San Jose CA - Nov 6, 2024
SEMICON Europa 2024 at Messe München München Germany - Nov 12 - 15, 2024
DVCon Europe 2023 at Holiday Inn Munich – City Centre Munich Germany - Nov 14 - 15, 2024
SEMI MEMS & Imaging Sensors Summit, at International Conference Center Munich Germany - Nov 14, 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