Hexagon Year-End Report 1 January - 31 December 2023
Fourth quarter 2023 • 5 per cent organic revenue growth (using fixed exchange rates and a comparable group structure)• Reported operating net sales increased by 2 per cent to 1,435.3 MEUR (1,403.2). Net sales including the reduction of acquired deferred revenue also increased to 1,435.3 MEUR (1,401.9)• Adjusted gross margin improved to 66.5 per cent (66.2)• Adjusted operating earnings (EBIT1) increased by 5 per cent to 438.4 MEUR (418.0)• Adjusted operating margin increased to 30.5 per cent (29.8)• Earnings before taxes, excluding adjustments, amounted to 389.1 MEUR (399.6)•