Hexagon Year-End Report 1 January - 31 December 2023

1 February 2024

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)
• Net earnings, excluding adjustments, amounted to 319.1 MEUR (327.7)
• Earnings per share, excluding adjustments, amounted to 11.8 Euro cent (12.1)
• Operating cash flow before non-recurring items increased to 353.1 MEUR (172.6)
• The Board of Directors proposes a dividend of 0.13 EUR (0.12) per share, an increase of 8 per cent

For further information, please contact:
Tom Hull, Head of Investor Relations, +44 (0) 7442 678 437, ir@hexagon.com
Anton Heikenström, Investor Relations and Business Analyst, +46 8 601 26 26, ir@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 1 February 2024.

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 5.4bn EUR. Learn more at hexagon.com and follow us @HexagonAB

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