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Industry Summary Articles

Friday, July 26, 2024

Hexagon Interim Report 1 January - 30 June 2024

Second quarter 2024

  • 0 per cent organic revenue growth (using fixed exchange rates and a comparable group structure)
  • Net sales decreased by -1 per cent to 1,353.4 MEUR (1,366.0)
  • Net sales including the reduction of acquired deferred revenue amounted to 1,353.4 MEUR (1,365.0)
  • Adjusted gross margin of 67.3 per cent (65.6)
  • Adjusted operating earnings (EBIT1) increased by 1 per cent to 399.5 MEUR (394.1)
  • Adjusted operating margin amounted to 29.5 per cent (28.9)
  • Earnings per share, excluding adjustments, amounted to 10.8 Euro cent (10.8)
  • Earnings per share, including adjustments, amounted to 9.6 Euro cent (9.4)
  • Operating cash flow before non-recurring items increased to 248.5 MEUR (212.5)
  • Cash conversion amounted to 85 per cent (84)
  • Recurring revenue increased by 8 per cent to 560.7 MEUR (520.3)

To view the original press release, please click here.

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