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  • Hexagon
    Lilla Bantorget 15 Box 3692 103 59 Stockholm
    +46-8 601 26 20
    +46-8 601 26 21
    http://www.hexagon.se
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    Norbert Hanke appointed interim President and CEO of Hexagon AB

    The Board of Directors of Hexagon AB and Paolo Guglielmini have mutually agreed that Paolo will step down from his position as Hexagon’s President and CEO. The Board sees a new leadership approach as essential to steer the company through its next phase. The Board of Directors of Hexagon AB has appointed Norbert Hanke as interim President and Chief Executive Officer of Hexagon AB. Norbert Hanke assumes his position with immediate effect. Norbert joined Hexagon in 2001, most recently serving as Hexagon’s COO (Chief Operating Officer) and prior to that as Hexagon’s Manufacturing

    Hexagon evaluating potential separation of its Asset Lifecycle Intelligence business

    Hexagon AB (Nasdaq Stockholm: HEXA B) announces that the Board of Directors has authorised management to evaluate a potential separation of its Asset Lifecycle Intelligence (ALI) business (“NewCo”) by way of a Lex Asea distribution (or “spin-off”) to its shareholders. Hexagon is evaluating listing options for NewCo in the U.S. and Sweden. NewCo is also expected to include the ETQ business (currently operating under the Manufacturing Intelligence division), the Bricsys business (currently operating under the Geosystems division) and the Utilities & Infrastructure business that is

    Hexagon Interim Report 1 January - 30 September 2024

    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

    Invitation to presentation of Hexagon's Interim Report on 25 October

    Hexagon will release its Interim Report for the third quarter 2024 on Friday, 25 October, at approximately 08:00 CET. President and CEO Paolo Guglielmini will host a live webcast and telephone conference at 10:00 CET. Webcast: The webcast will be streamed here . Telephone conference: Anyone interested in participating in the Q&A session following the first quarter Interim Report presentation must register here . 1. Upon registering, each participant will be

    Hexagon’s net-zero science-based targets validated by the Science Based Targets initiative (SBTi)

    Hexagon, the global leader in digital reality solutions, today announced that its reduction targets for near-term and net-zero greenhouse gas emissions have been approved by the Science Based Targets initiative (SBTi). This independent, scientific validation highlights Hexagon's commitment towards sustainability.Hexagon's  approved targets include: · Reducing Scope 1 and 2 emissions by 95% and Scope 3 emissions by 51.6% per EUR value added by 2030, from a 2022 baseline · Increasing renewable electricity usage to 100% by 2027 · Reaching net-zero greenhouse

    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

    Invitation to presentation of Hexagon's Interim Report on 26 July

    Hexagon will release its Interim Report for the second quarter 2024 on Friday, 26 July, at approximately 08:00 CET. President and CEO Paolo Guglielmini will host a live webcast and telephone conference at 10:00 CET. Webcast: The webcast will be streamed here . Telephone conference: Anyone interested in participating in the Q&A session following the first quarter Interim Report presentation must register here . 1. Upon registering, each participant will be

    Hexagon acquires Voyansi to enhance its BIM solutions portfolio

    Hexagon, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the acquisition of Voyansi, an AECO (architecture, engineering, construction and operations) focused provider of BIM (Building Information Modelling) and VDC (Virtual Design and Construction) solutions, reality capture services and BIM workflow software development.Voyansi’s services are used to digitise all asset types, including data centres, hospitals, industrial facilities and shopping centres, across the design, build and operate phases of their lifecycles.

    Annual General Meeting in Hexagon AB

    At the Annual General Meeting in Hexagon AB (publ) today, the following was resolved.Election of Board of Directors and auditorThe AGM re-elected the Directors Ola Rollén, Gun Nilsson, John Brandon, Sofia Schörling Högberg, Märta Schörling Andreen, Brett Watson and Erik Huggers and elected Annika Falkengren and Ralph Haupter as ordinary board members. Ola Rollén was re-elected Chairman of the Board.Remuneration to the Directors shall be allocated with SEK 2,350,000 to the Chairman and SEK 740,000 to each of the other Directors elected by the AGM and not employed by the company. The

    Hexagon Interim Report 1 January - 31 March 2024

    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 cent (66.5)• Adjusted operating earnings (EBIT1) increased by 1 per cent to 376.5 MEUR (371.2)• Adjusted operating margin amounted to 29.0 per cent (28.9)• Earnings per share, excluding adjustments, amounted to 10.1 Euro cent (10.4)• Earnings per share, including

    Hexagon acquires Xwatch to strengthen its construction safety portfolio

    Hexagon, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the acquisition of Xwatch Safety Solutions. Xwatch provides machine control hardware and software technologies designed to enhance safety protocols on construction sites. This includes height control, slew control, and rated capacity indication (RCI) for heavy machinery, allowing operators to limit an excavator's height and set side boundaries to define a working zone, significantly increasing safety around a machine.Xwatch has previously partnered with Hexagon’

    Hexagon appoints Maria Luthström and Gordon Dale as joint Presidents of its Autonomous Solutions division

    Hexagon AB, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the appointment of Maria Luthström and Gordon Dale as joint Presidents of the Autonomous Solutions (AS) division, effective 1 May 2024. Both will join the Hexagon Executive Management team, reporting directly to Paolo Guglielmini, President and CEO, Hexagon. Michael Ritter, the current President of AS, will retire at the end of 2024 following a transition period. AS, launched in 2022, combined the Autonomy & Positioning (A&P) and Mining divisions. A&P

    Invitation to presentation of Hexagon's Interim Report on 26 April

    Hexagon will release its Interim Report for the first quarter 2024 on Friday, 26 April, at approximately 08:00 CET. President and CEO Paolo Guglielmini will host a live webcast and telephone conference at 10:00 CET. Webcast: The webcast will be streamed here . Telephone conference: Anyone interested in participating in the Q&A session following the first quarter Interim Report presentation must register here . 1. Upon registering, each participant will be

    Hexagon acquires Itus Digital to expand Asset Performance Management capabilities

    Hexagon, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the acquisition of Itus Digital , a Roanoke, Virginia-based provider of asset performance management (APM) software. Itus’s capabilities directly compliment Hexagon’s HxGN EAM platform, as well as other Hexagon products. Asset performance management is an approach to industrial operations that focuses on optimising reliability, improving uptime, and reducing cost. Itus Digital provides SaaS-based innovative solutions that help

    Hexagon publishes the Annual Report and Sustainability Report 2023

    Hexagon's Annual Report and Sustainability Report 2023 is now available at Hexagon's website hexagon.com . Hexagon intends to solely distribute the reports digitally. If you however still want to receive a printed copy of the Annual Report, please contact Hexagon at mailorderservice@hexagon.com or call +46 (0)8 601 26 20.As previously communicated, Hexagon's Annual General Meeting will be held at 17:00 CET on Monday 29 April 2024 at IVA Konferenscenter, Grev Turegatan 16 in Stockholm, Sweden. Notification

    NOTICE TO THE ANNUAL GENERAL MEETING IN HEXAGON AB (publ)

    The shareholders of Hexagon AB are invited to attend the Annual General Meeting (AGM) to be held at 17:00 CET on Monday 29 April 2024, at IVA Conference Center, Grev Turegatan 16, Stockholm.   The Board of Directors has, pursuant to Chapter 7, Section 4 a of the Swedish Companies Act (Sw. aktiebolagslagen) and the company’s Articles of Association, decided that shareholders shall be able to exercise their voting rights by postal voting before the General Meeting. Consequently, shareholders may choose to exercise their voting rights at the AGM by attending in person, through a proxy or by

    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)•

    Invitation to presentation of Hexagon's Year-End Report on 1 February

    Hexagon will release its Year-End Report for 2023 on Thursday, 1 February, at approximately 08:00 CET. President and CEO Paolo Guglielmini will host a live webcast and telephone conference at 10:00 CET. Webcast: The webcast will be streamed here . Telephone conference: Anyone interested in participating in the Q&A session following the first quarter Interim Report presentation must register here . 1. Upon registering, each participant will be provided with a

    Hexagon's R-evolution launches Green Cubes: a digital revolution for rainforest conservation

    R-evolution , Hexagon’s sustainable innovation and green-tech investment subsidiary, today announced the launch of its forest initiative Green Cubes to accelerate biodiversity rainforest conservation worldwide. Utilising Hexagon’s reality capture technology to accurately measure and visualise the volume and complexity of the rainforest in 3D, R-evolution is enabling corporations to sponsor rainforest segments on a cubic metre basis. The world’s first Green Cubes are introduced in Costa Rica to support the preservation and expansion of the COBIGA corridor 

    Hexagon agrees sale of non-core business area

    Hexagon AB, the global leader in digital reality solutions, combining sensor, software and autonomous technologies has entered into an agreement to sell its Tesa PMI (Precision Measurement Instruments) business to Hangzhou Great Star Industrial Company Ltd. This divestment reflects Hexagon’s commitment to focus on core business activities directly accretive to its mid-term growth, margin and cash generation targets. In 2022 PMI contributed 50.9 MEUR in revenues, with below group average profitability, to Hexagon’s Manufacturing Intelligence division. The sale is subject to customary,

    Melker Schörling, Hexagon's principal shareholder and long standing chairman has passed away.

    We at Hexagon AB are deeply saddened by the passing of Melker Schörling. Melker not only leaves behind an enduring legacy through his business endeavours but he was also a person who had an impact on all of us who had the pleasure of working with him. Ola Rollén, Chairman of the Board of Hexagon AB: “Melker acquired the controlling stake in Hexagon in 1998 and became Chairman in 1999. I first met Melker in 2000, my strongest memory from that first meeting was when he said: “I invest in people, a good person will make a good business.”He taught me high standards and empathy in business.

    Hexagon Capital Markets Day 2023

    · Reaffirms its mid-term targets for 2022-2026 · Average annual organic growth of 5-7% · Average annual structural (M&A) growth of 3-5% · EBIT1[1] operating margin (incl. PPA) of more than 30% by the end of 2026 · Reaffirm the 80-90% per annum cash conversion target rate · Announces plans to reach 95% reduction of scope 1 and 2 emissions by 2030 and net-zero by 2050 · Increases financial disclosure on a quarterly basis · Proposes to adjust management incentives to be aligned with the 2026 financial targets, including the cash conversion target rate Hexagon AB

    Hexagon AB’s Nomination Committee proposes the election of two new independent Board Members

    Hexagon AB's Nomination Committee proposes the election of Annika Falkengren and Ralph Haupter as new independent members of Hexagon's Board of Directors at the Annual General Meeting (AGM) on 29 April 2024. Annika Falkengren brings extensive expertise from a successful international career in the financial industry. Having led Skandinaviska Enskilda Banken (SEB) as President and CEO for more than a decade, Falkengren became Managing Partner at the Swiss private bank Lombard Odier in 2017. Based in Switzerland, Annika Falkengren will chair the Audit Committee upon joining the board of

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