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Hexagon Year-end Report 1 January - 31 December 2016


News provided by

Hexagon

06 Feb, 2017, 07:30 GMT

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NACKA STRAND, Sweden, Feb 06, 2017 /PRNewswire/ --

FOURTH QUARTER 2016

  • Net sales increased by 4 per cent to 849.5 MEUR (815.7). Using fixed exchange rates and a comparable group structure (organic growth), net sales increased by 2 per cent
  • Operating earnings (EBIT1) increased by 6 per cent to 208.7 MEUR (197.8)
  • Earnings before taxes amounted to 202.6 MEUR (192.0)
  • Net earnings amounted to 164.1 MEUR (155.5)
  • Earnings per share increased by 5 per cent to 0.45 EUR (0.43)
  • The Board of Directors proposes a dividend of 0.48 EUR (0.43) per share, an increase of 12 per cent

SUBSEQUENT EVENTS

  • Hexagon signed an agreement to acquire MSC Software, a leading provider of CAE (simulation) software
  • Hexagon will charge -34 MEUR in Q1 2017 in a cost savings programme to further accelerate margin improvement. Fully implemented the annual savings will amount to 43 MEUR

For further information, please contact:

Maria Luthström,
Investor Relations Manager,
Hexagon AB,
Tel: +46-8-601-26-27,
E-mail: ir@hexagon.com

Kristin Christensen,
Chief Marketing Officer,
Hexagon AB,
Tel: +1-404-554-0972,
E-mail: media@hexagon.com

This information is information that Hexagon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on February 6 2017.

This information was brought to you by Cision http://news.cision.com
http://news.cision.com/hexagon/r/hexagon-year-end-report-1-january---31-december-2016,c2180876

The following files are available for download:

http://mb.cision.com/Main/387/2180876/623950.pdf

Year-End Report 2016

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