Hexagon

Third quarter 2023

• 8 per cent organic revenue growth (using fixed exchange rates and a comparable group structure)
• Reported operating net sales increased by 2 per cent to 1,352.1 MEUR (1,320.2). Net sales including the reduction of acquired deferred revenue amounted to 1,349.8 MEUR (1,316.6)
• Adjusted gross margin of 65.5 per cent (65.2)
• Adjusted operating earnings (EBIT1) increased by 2 per cent to 393.0 MEUR (386.2)
• Adjusted operating margin amounted to at 29.1 per cent (29.3)
• Earnings before taxes, excluding adjustments, amounted to 350.0 MEUR (377.3)
• Net earnings, excluding adjustments, amounted to 287.1 MEUR (309.4)
• Earnings per share, excluding adjustments, amounted to 10.6 Euro cent (11.4)
• Operating cash flow before non-recurring items decreased to 146.5 MEUR (243.5)

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 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 27 October 2023