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
** Adjusted operating earnings (EBIT1) increased by 1 per cent to 376.5 MEUR (371.2)
** Adjusted operating margin amounted to 29.0 per
** Earnings per share, excluding adjustments, amounted to
** Earnings per share, including adjustments, amounted to
** Operating cash flow before non-recurring items increased to 219.4 MEUR (141.5)
** Cash conversion amounted to 88 per
** Recurring revenue increased by 6 per cent to 520.3 MEUR (491.5)
For further information, please contact:
Anton Heikenström, Investor Relations and Business Analyst, +46 8 601 26 26, ir@hexagon.com
This is information that
Hexagon is the global leader in digital reality solutions, combining sensor, software and autonomous technologies. We are putting data to work to boost efficiency, productivity, quality and safety across industrial, manufacturing, infrastructure, public sector, and mobility applications.
Our technologies are shaping production and people related ecosystems to become increasingly connected and autonomous - ensuring a scalable, sustainable future.
Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,500 employees in 50 countries and net sales of approximately
https://news.cision.com/hexagon/r/hexagon-interim-report-1-january---31-march-2024,c3968364
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