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Industry Summary Articles

Thursday, February 01, 2024

Hexagon Year-End Report 1 January - 31 December 2023

  • 5 per cent organic revenue growth (using fixed exchange rates and a comparable group structure)
    • Reported operating net sales increased by 2 per cent to 1,435.3 MEUR (1,403.2). Net sales including the reduction of acquired deferred revenue also increased to 1,435.3 MEUR (1,401.9)
    • Adjusted gross margin improved to 66.5 per cent (66.2)
    • Adjusted operating earnings (EBIT1) increased by 5 per cent to 438.4 MEUR (418.0)
    • Adjusted operating margin increased to 30.5 per cent (29.8)
    • Earnings before taxes, excluding adjustments, amounted to 389.1 MEUR (399.6)
    • Net earnings, excluding adjustments, amounted to 319.1 MEUR (327.7)
    • Earnings per share, excluding adjustments, amounted to 11.8 Euro cent (12.1)
    • Operating cash flow before non-recurring items increased to 353.1 MEUR (172.6)
    • The Board of Directors proposes a dividend of 0.13 EUR (0.12) per share, an increase of 8 per cent

To view the original press release, please click here.

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