Third quarter 2024
- -2 per cent organic revenue growth (using fixed exchange rates and a comparable group structure)
• Net sales decreased by -4 per cent to 1,299.8 MEUR (1,352.1)
• Net sales including the reduction of acquired deferred revenue amounted to 1,299.8 MEUR (1,349.8)
• Adjusted gross margin of 67.1 per cent (65.5)
• Adjusted operating earnings (EBIT1) decreased by -4 per cent to 376.6 MEUR (393.0)
• Adjusted operating margin amounted to 29.0 per cent (29.1)
• Earnings per share, excluding adjustments, amounted to 10.1 Euro cent (10.6)
• Earnings per share, including adjustments, amounted to 8.8 Euro cent (3.1)
• Operating cash flow before non-recurring items increased to 165.9 MEUR (146.5)
• Cash conversion amounted to 70 per cent (64)
• Recurring revenue increased by 7 per cent and amounted to 564.9 MEUR (530.2) - Hexagon Interim Report Q3 2024