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Home > Industry Summary Articles > Hexagon Interim Report 1 January - 31 March 2024
Friday, April 26, 2024

Hexagon Interim Report 1 January - 31 March 2024

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)

To view the original press release, please click here.

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