Fiscal year 2008 *)
· Order intake increased by 5 **) per cent to 13 168 MSEK (12 315).
· Net sales increased by 7 **) per cent to 13 060 MSEK (11 857).
· Operating earnings increased by 14 per cent to 2 405 MSEK (2 111).
· Earnings before taxes increased by 12 per cent to 2 004 MSEK (1 789).
· Net earnings increased by 10 per cent to 1 770 MSEK (1 615).
· Earnings per share increased by 10 per cent to 6.63 SEK (6.05).
· The Hexagon Board of Directors proposes a dividend of 0.50 SEK per share.
The year-end report will be presented today at 15:00 CET at a telephone conference. For participation, please see instructions at the Hexagon website.
*) Excluding Hexpol AB which was de-consolidated from Hexagon AB as of 1 June 2008.
**) Adjusted to fixed exchange rates and a comparable group structure (organic growth).
This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The shares in Hexagon AB have not been, and will not be, registered under the US Securities Act of 1933 (the "Securities Act"). Such shares may not be offered or sold in the United States (as such term is defined in Regulation S under the Securities Act) except pursuant to an exemption from the registration requirements of the Securities Act. There will be no public offer of securities in the United States.
This press release may contain forward-looking statements. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. They may involve risks and uncertainties, including technological advances in the measurement field, product demand and market acceptance, the effect of economic conditions, the impact of competitive products and pricing, foreign currency exchange rates and other risks. These forward-looking statements reflect the views of Hexagon's management as of the date made with respect to future events and are subject to risks and uncertainties. All of these forward-looking statements are based on estimates and assumptions made by Hexagon's management and are believed to be reasonable, though are inherently uncertain and difficult to predict. Actual results or experience could differ materially from the forward-looking statements. Hexagon disclaims any intention or obligation to update these forward-looking statements.
This press release consists of such information that Hexagon AB (publ) may be obliged to disclose in accordance with the Swedish Securities Market Act and /or the Financial Instruments Trading Act. The information was submitted for publication on 7 July 2010 at 08:00 CET.
Hexagon AB is a global measurement technologies company with strong market positions. Hexagon's mission is to develop and market leading technologies and services to measure in one, two or three dimensions, to position and update objects and to time processes. The group has about 7 500 employees in 39 countries and net sales of about 12 000 MSEK. Read more at www.hexagon.se.