Recent Insider Transactions • May 26
Insider recently bought kr2.2m worth of stock On the 21st of May, Henning Sandfort bought around 27k shares on-market at roughly kr81.90 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. New Risk • May 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Large one-off items impacting financial results. Ankündigung • Apr 25
Hexagon AB (publ) Approves Dividend, Payable on 6 May 2026 Hexagon AB (publ), at the AGM held on 24 April 2026 resolved to declare a dividend of EUR 0.14 per share. Record day for the dividend was determined to 28 April 2026. Dividend settlements will be handled by Euroclear Sweden AB and the estimated settlement day is 6 May 2026. Ankündigung • Mar 24
Hexagon AB (Publ) Announces Ola Rollen Not Stranding for Re-Election as Board Member Hexagon AB announced that Ola Rollén has declined re-election as board member at the Annual General Meeting (AGM) to be held on 24 April 2026. Ankündigung • Feb 16
Hexagon AB Appoints Renée Rädler as Chief People Officer, Effective April 1, 2026 Hexagon AB announced the appointment of Renée Rädler as Chief People Officer (CPO) of Hexagon. Renée will assume this newly created position on April 1, 2026. She will join Hexagon's Executive Management Team and report to Anders Svensson, President & CEO of Hexagon. Renée has worked in Hexagon's Manufacturing Intelligence Business Area since 2017, most recently as Executive Vice President, Global HR. In this role she has designed and implemented HR business strategies aligned with driving profitable growth, improved succession planning and development, strengthened employer branding to improve talent attraction and established strong HR governance and processes. Prior to Hexagon, Renée held HR Director roles at dorma+kaba and SwissBenelux. She is a Swiss national and will be based in Switzerland. Ankündigung • Jan 31
Hexagon AB (publ), Annual General Meeting, Apr 24, 2026 Hexagon AB (publ), Annual General Meeting, Apr 24, 2026, at 10:30 W. Europe Standard Time. Location: at iva konferenscenter, grev turegatan 16, stockholm Sweden Ankündigung • Jan 30
Hexagon AB (Publ) Proposes Dividend for the Year 2025 Hexagon AB (publ) proposed dividend of EUR 0.14 per share for the year 2025 against the same paid last year. Ankündigung • Dec 16
Hexagon AB (publ) (OM:HEXA B) agreed to acquire Icon Pro GmbH. Hexagon AB (publ) (OM:HEXA B) agreed to acquire Icon Pro GmbH on December 16, 2025.
The acquisition is expected to close in December, with complete consolidation anticipated shortly thereafter. Ankündigung • Nov 10
Hexagon AB (publ) (OM:HEXA B) entered into an agreement to acquire Inertial Sense LLC. Hexagon AB (publ) (OM:HEXA B) entered into an agreement to acquire Inertial Sense LLC on November 10, 2025.
Completion of the transaction is subject to regulatory approvals and other customary conditions and is expected to be finalized in the first half of 2026.
Telegraph Hill Advisors acted as financial advisor for Inertial Sense LLC. Eversheds Sutherland (US) LLP acted as legal advisor for Inertial Sense LLC. Ankündigung • Sep 17
Hexagon AB Announces Management Changes The potential separation of Octave will drive changes to the Hexagon AB and Octave leadership teams. On completion of the separation, Ben Maslen and Tony Zana will move from their roles on the Hexagon executive team and assume new roles within the Octave executive team, reporting to Mattias Stenberg. Both will remain part of the Hexagon executive team until the potential separation is completed. On separation, Ben Maslen will become Chief Financial Officer (CFO) of Octave. Until now Ben served as Chief Strategy Officer of Hexagon, a position he held since 2017. Prior to this, he was co-head of the European Capital Goods equity research team at Morgan Stanley and an equity research analyst at Bank of America. Ben is also a chartered accountant. From now until the potential separation is completed Ben will remain on the Hexagon executive team as Executive Vice President, Octave. On separation, Tony Zana will become Chief Legal Officer and Corporate Secretary of Octave. Tony is currently General Counsel and Chief Compliance Officer of Hexagon. Tony joined Hexagon in 2010 during the acquisition of Intergraph, where he was Vice President, General Counsel and Corporate Secretary and later served as Hexagon’s Deputy General Counsel. Tony will remain as Hexagon’s General Counsel and Chief Compliance Officer until the potential separation is completed. Ben is succeeded by Andreas Wenzel, who joins from ABB where he was CFO for ABB E-mobility, and previously Head of Strategy and M&A of ABB. Andreas joined Hexagon during August 2025 and will assume the role of Chief Strategy Officer of Hexagon and be a member of Hexagon’s executive management team as of now. Tony will be succeeded by Thomas De Muynck, who joins from Jones Day’s Brussels office, where he was head of the Belgian corporate practice. Thomas will join Hexagon on 15 October 2025, and during the period between joining and Tony’s departure he will work alongside Tony to handover responsibilities. Thomas will join Hexagon’s executive management team at a later date. Ankündigung • Aug 29
Hexagon AB (Publ) Announces Chief Financial Officer Changes Effective 29 August 2025 Hexagon AB (publ) announced that Norbert Hanke will succeed David Mills as interim Chief Financial Officer (CFO) for Hexagon with effective 29 August 2025. David's departure is driven by personal reasons, and he will remain available to Hexagon as Financial Advisor until February 2026. Norbert Hanke joined Hexagon in 2001, most recently serving as interim Chief Executive Officer. Prior to that he was Hexagon's Chief Operating Officer and President of Hexagon's Manufacturing Intelligence division. Norbert has also held several CFO roles during his career, including nine years as CFO of Manufacturing Intelligence and four years as Director of Finance at Brown & Sharpe.
During his 25 years with Hexagon, David has served in multiple finance leadership roles, driving and developing improved financial performance and governance. Most recently, as CFO, he led improvements in financial disclosures and helped chaperone the Hexagon Group through several sizeable changes. Ankündigung • Jul 10
SimScale and Hexagon Announce General Availability of Cloud-Native Marc Non Linear Structural Analysis Capabilities SimScale together with Hexagon's Design and Engineering, announced the General Availability of the industry-proven Marc nonlinear finite element analysis (FEA) solver technology on the SimScale platform. Building on a previously announced strategic partnership, engineers and design teams can now leverage the power, robustness, and advanced nonlinear capabilities of Marc, directly from their web browser for faster, more accessible, and scalable product development. For innovation and R&D teams designing components subject to significant deformation, complex contact, or highly nonlinear material behavior, SimScale's cloud-native integration of Marc delivers a transformational leap. Users can now perform highly complex FEA simulations--including large deformations, arbitrary contact, self-contact, as well as plasticity and hyper-elasticity--ear earlier in the design process and without the need for on-premises software or infrastructure. Key capabilities include: Fast, Robust Nonlinear Analysis: Marc's trusted technology delivers speed and stability for the most challenging engineering problems, particularly where traditional solvers struggle or fail. True Accessibility and Collaboration: Powered by SimScale's modern cloud platform, users can access Marc's capabilities anywhere, manage and share simulation data effortlessly, and collaborate in real-time. AI-Powered & Automated Workflows: Benefit from SimScale's integrated AI for streamlined setup, instant result prediction, and agentic workflow automation. Scalability & Flexibility: High Performance Computing (HPC) provisioning ensures massive scalability and rapid simulation turnaround, even for the most demanding cases. Broad Multi-Physics Coverage: Perform structural, thermal, electrical, and magnetic analyses--all on a single, unified platform. Available Now, customers can get access to the Marc nonlinear technology in the SimScale environment, unlocking new opportunities to tackle product performance and reliability challenges with unmatched speed and confidence. Nonlinear analysis enabled by the Marc technology is now available to all 700,000 SimScale Community users for limited free, non-commercial testing. Sign up for an account to start simulating with Marc today. Ankündigung • Jun 19
Hexagon Launches AEON, a Humanoid Built for Industry Hexagon launched a humanoid robot, AEON, at its Hexagon LIVE Global event. AEON, launched by Hexagon's previously announced Robotics division, has been specifically designed to meet real-world customer needs and address labour shortages. AEON combines Hexagon's world-class sensor suite with advanced locomotion, AI-driven mission control, and spatial intelligence to deliver exceptional agility, versatility, and awareness. This powerful combination enables AEON to address a wide range of industrial applications - from manipulation and asset inspection to reality capture and operator support. AEON will help to improve safety and drive autonomy across sectors such as automotive, aerospace, transportation, manufacturing, warehousing, and logistics. AEON's innovative capabilities include: Agility: Combining dexterity and locomotion, AEON can move around quickly while also performing tasks that require high accuracy due to Hexagon's proprietary precision measurement technologies. Awareness: Bringing together spatial intelligence and reasoning, AEON merges data from multimodal sensors to understand the environment and optimise the mission given the task at hand. Versatility: AEON is built to perform a wide variety of tasks - from picking specific objects and scanning industrial components for inspection to creating digital twins through digital reality capture and teleoperation - all leveraging an end-to-end training approach. Power autonomy: With a unique battery swapping mechanism, AEON does not need to recharge to continue to operate. Hexagon's Robotics division is partnering with Schaeffler and Pilatus to pilot AEON across manipulation, machine ending, part inspection, and reality capture use cases. Hexagon's Robotics division has established strong partnerships with technology leaders NVIDIA, Microsoft, and maxon to bring AEON to the market. AEON is powered by NVIDIA accelerated computing, NVIDIA Omniverse, and NVIDIA Jetson. Microsoft Azure's platform enables scalable development and on-demand training of AEON's capabilities. And maxon's next generation actuators power AEON's unique and efficient locomotion across multiple environments. To watch the Hexagon's Robotics division is partnered with Schaeffler and ilatus to pilotAEON across manipulation, machine ending. Ankündigung • Jun 12
Hexagon AB (publ) (OM:HEXA B) entered into an agreement to acquire Aero Photo Europe Investigation. Hexagon AB (publ) (OM:HEXA B) entered into an agreement to acquire Aero Photo Europe Investigation on June 12, 2025. Aero Photo Europe Investigation is supported by around 10 employees and it will be reported within Hexagon's Geosystems division.
Completion of the transaction is subject to regulatory approvals and other customary conditions and is expected to be finalized by the end of Q2 2025. Aero Photo Europe Investigation is expected to generate revenues of around €3 million in 2025. Ankündigung • Apr 03
Hexagon AB (publ) Announces Executive Changes Hexagon AB (publ) announced the appointment of Andreas Renulf as President of its Manufacturing Intelligence division, effective 1 May 2025. Andreas will report directly to Norbert Hanke, interim President and CEO, Hexagon. Josh Weiss, the current President of Hexagon's Manufacturing Intelligence division, is leaving Hexagon to join another company and will work with Andreas to ensure a smooth transition and handover until his departure at the end of May. Andreas has been with Hexagon since January 2024 in the role of Chief Operating Officer and Head of Machine Control for the Geosystems division. During this time, he has played a key role in enhancing operational efficiencies within Geosystems by driving a culture of continuous improvement and collaboration across teams. Prior to joining Hexagon, he spent six years at Trelleborg, where he was President of two business units, holding full profit & loss accountability and driving both organic and M&A growth while maintaining strong cost controls. Before this, Andreas held several leadership positions across diverse industries and companies, including thirteen years at ABB, where he held a number of roles, including Vice President for the Oil, Gas & Petrochemicals business unit in Asia and Vice President of Marketing and Sales for Process Industries Products. A Swedish national, Andreas holds an M.Sc in Business Administration from Jönköping International Business School. Ankündigung • Mar 31
Hexagon AB Appoints Arnaud Robert as President of Hexagon's Robotics Division Hexagon AB (publ) has appointed Arnaud Robert as President of Hexagon's Robotics division. A global strategic leader with 25 years of experience and a deep background in AI, Arnaud has successfully led business transformations across six industries, launched global products, and scaled several businesses from inception to becoming significant profit centres. He has a PhD in computer science from the Swiss Institute of Technology Lausanne (EPFL). Arnaud holds over a dozen patents and has received multiple industry awards. As President, Arnaud will lead the R&D, product, commercial, operations, partnerships, and support functions and drive the next phase of Hexagon's robotics innovation. Arnaud will report to Norbert Hanke, interim President and CEO, and will be a member of the Executive Management team. Ankündigung • Mar 17
Hexagon AB Appoints Gordon Dale as President of Its Autonomous Solutions Division Hexagon AB announced the appointment of Gordon Dale as the President of its Autonomous Solutions (AS) division, reporting directly to Norbert Hanke, interim President and CEO, Hexagon. Gordon Dale has been with Hexagon for 16 years, having joined after the acquisition of NovAtel, the global leader in high-precision positioning technology. He has held several leadership positions across the AS division including as Chief Synergy Officer, where he was instrumental in bringing together the Autonomy & Positioning and Mining businesses to form the AS division. Gordon holds a Master of Business Administration and a Bachelor of Science in Electrical Engineering and Computer Engineering. Ankündigung • Mar 11
Hexagon AB (Publ) Announces Not Stand for Re-Election of John Brandon to the Board Hexagon AB (publ) announced that John Brandon has informed the Nomination Committee that he will be unavailable for re-election to it's Board of Directors in 2025 at Annual General Meeting (AGM) to be held on 5 May 2025. Ankündigung • Mar 05
Hexagon AB (Publ) Announces Retirement of Steven Cost as President of SIG Hexagon AB (publ) announced Steven Cost has announced his decision to retire from his current position as President of SIG at the end of First Quarter 2025. Ankündigung • Jan 07
Hexagon AB (publ) (OM:HEXA B) entered into an agreement to acquire Septentrio nv. Hexagon AB (publ) (OM:HEXA B) entered into an agreement to acquire Septentrio nv on January 7, 2025. The transaction is expected to drive innovation and expand the market reach of Resilient Assured Positioning solutions. Completion of the transaction is subject to regulatory approvals and other customary conditions and is expected to be finalized in the first half of 2025. Ankündigung • Dec 10
Hexagon AB (publ) Announces Executive Changes, Effective 1 February 2025 Hexagon AB (publ) announced the appointment of Thomas Harring, currently President of Hexagon's Geosystems division, to Executive Vice President (EVP) of Hexagon and Henning Sandfort to join as President of Hexagon's Geosystems division. Both changes will go into effect 1 February 2025. In his role as EVP, Thomas Harring will be responsible for enhancing Hexagon's overall operational excellence and driving business transformation across divisions and regions. Thomas will support Hexagon's operations and critical projects during a time of transition and tremendous opportunity for growth. During his 21-year tenure with the Geosystems division, Thomas was instrumental in expanding the focus towards more industry-centric solutions and strengthening the business with profitable growth--both organic and inorganic--as well as increasing software and recurring revenue. Sandfort joins Hexagon from Siemens Smart Infrastructure where he served as global CEO of the Building Products Business Unit. In this role, he successfully expanded the business across diverse verticals and into high-growth regions and re-shaped the business portfolio, leveraging IoT and cloud software to transform the productivity, experience and sustainability of both existing and new buildings. He brings substantial experience in the building and industrial automation markets, having led major innovation projects as well as large-scale engineering and operational software suites. Sandfort joins Hexagon from Siemens Smart Infrastructure where he served as global CEO of the Building Products Business Unit. In this role, he successfully expanded the business across diverse verticals and into high-growth regions and re-shaped the business portfolio, leveraging IoT and cloud software to transform the productivity, experience and sustainability of both existing and new buildings. He brings substantial experience in the building and industrial automation markets, having led major innovation projects as well as large-scale engineering and operational software suites. Both Harring and Sandfort will report directly to the CEO of Hexagon AB. Ankündigung • Dec 04
Hexagon AB (publ), Annual General Meeting, May 05, 2025 Hexagon AB (publ), Annual General Meeting, May 05, 2025. Ankündigung • Nov 21
Hexagon AB (publ) (OM:HEXA B) agreed to acquire indurad GmbH. Hexagon AB (publ) (OM:HEXA B) agreed to acquire indurad GmbH on November 21, 2024. In 2023, indurad reported revenues of approximately €19 million, with profitability initially below Hexagon Group levels but expected to improve as synergies are realised. The company has 140 employees globally. This acquisition represents another step towards realising our vision of fully connected and integrated mine workflows. Indurad will be fully consolidated into Hexagon’s Autonomous Solutions division. The transaction is expected to close in late November. Ankündigung • Jul 24
Hexagon Announces its Manufacturing Intelligence Division Launches its New Digitalisation Solution, Digital Factory Hexagon's Manufacturing Intelligence division has launched its new digitalisation solution, Digital Factory, designed to help manufacturers build highly accurate digital replicas of their factories. It enables manufacturers to optimise their floor plans and quickly pivot production lines, and prepare for smarter and more sustainable future factories with open interfaces that enable digital twins of shopfloor assets. Hexagon is uniquely positioned to address this issue through its expertise in delivering accuracy reality capture and surveying equipment, software to visualise, explore and simulate scenarios in 3D, and high-productivity cloud-native collaboration workflows. Digitalisation technologies are a proven technology and have been used for over two decades in civil infrastructure, architecture and public safety, but their potential has yet to be fully realised in the manufacturing space where significant disruption now requires manufacturers – in particular brownfield site owners – to rethink their manufacturing equipment and use of space. Digital Factory is a future-ready alternative to traditional factory planning that enables manufacturers to not only ramp up productivity, but also increase efficiency in remodelling, preventing costly mistakes. It also empowers more efficient collaboration between manufacturing and operations teams from anywhere in the world. The core of this solution is improved access to up-to-date data in immersive virtual environments that reflect reality, addressing a major barrier that smart factory initiatives face. Digital Factory leverages a comprehensive portfolio of hardware and software solutions that includes Hexagon's range of reality capture technology – such as the Leica BLK2GO handheld imaging laser scanner, the Leica BLK ARC autonomous scanning module for robotic and mobile carriers and terrestrial laser scanners like the Leica RTC360 – that allow manufacturers to capture and create dimensionally-accurate point clouds of the factory floor using the Leica Cyclone software portfolio and Hexagon's Reality Cloud Studio, powered by the HxDR, manufacturers can easily collaborate and quickly process data from Hexagon or a customer's preferred scanning hardware to recreate up-to-date 3D spaces with speed and flexibility. Hexagon offers complete workflows to ensure manufacturers achieve the maximum value, from scanning the factory and processing the data into actionable 3D models for various applications, to managing the data in the cloud, making it easier for team members and external stakeholders to provide feedback and make informed decisions. By using Digital Factory, manufacturers will be able to: Conduct virtual tours for remote factory monitoring – Lead a digital tour of a factory with remote access, eliminating the need for managers and contractors to travel onsite. Remote team collaboration - Facilitate remote collaboration among key teams and stakeholders at any time, using cloud-based tools with analysis and modelling capabilities with on-demand data. Factory planners and production managers can make decisions remotely and provide feedback with confidence based on reliable and up-to-date data. Plan and remodel factory layouts with accuracy and detail - Capture precise measurements of a factory, creating an exact and reliable digital model that can be accessed anytime from anywhere. Factory owners can regularly monitor the progress of production lines under construction in meticulous detail, avoiding the costs associated with unexpected errors. Easily upgrade and install equipment – Introduce and upgrade machinery such as machining centres, 3D printers, robotics and metrology systems by evaluating their addition or replacement in a risk-free digital model. This helps prevent expensive mistakes such as ordering incorrect parts, not having sufficient footprint or access to install a machine. Create operational test-beds and innovate faster – By testing out new machines, factory floor layouts and workflows in the virtual 3D environment, companies can quickly identify feasibility and emissions considerations, enabling them to better understand the potential benefits of new technology and make future-ready smart factories a reality. Digital Factory is designed to integrate with existing customer workflows. It is interoperable with Building Information Modelling (BIM) applications, Hexagon's HxGN EAM enterprise asset management solutions and popular CAD software such as AutoCAD and Bentley. Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: €0.089 (vs €0.091 in 1Q 2023) First quarter 2024 results: EPS: €0.089 (down from €0.091 in 1Q 2023). Revenue: €1.30b (up 1.2% from 1Q 2023). Net income: €237.8m (down 2.7% from 1Q 2023). Profit margin: 18% (in line with 1Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year. Board Change • Apr 26
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Erik Adrianus Huggers was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Apr 10
Dividend of €0.13 announced Shareholders will receive a dividend of €0.13. Ex-date: 30th April 2024 Payment date: 10th May 2024 Dividend yield will be 0.1%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 41%. Cash payout ratio: 47%. Ankündigung • Apr 10
Hexagon AB Announces President Changes Hexagon AB, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, 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. Maria Luthström has been President of Hexagon's A&P division since October 2022. She joined Hexagon in 2015 and previously headed Hexagon's Sustainability and Investor Relations functions, expanding the company's strategic and ESG (environmental, social, and governance) agenda, strengthening Hexagon's culture and increasing shareholder value. Luthström holds a Master of Science in Business and Economics.Gordon Dale has been Chief Operating Officer of the A&P division since 2016 and has been instrumental in the formation of the AS division in his capacity as Chief Synergy Officer. He has been part of Hexagon for 16 years, having joined via Hexagon's acquisition of NovAtel, the global leader in high-precision positioning technology. He holds a Master of Business Administration and a Bachelor of Science in Electrical Engineering and Computer Engineering. Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: €0.32 (vs €0.37 in FY 2022) Full year 2023 results: EPS: €0.32 (down from €0.37 in FY 2022). Revenue: €5.44b (up 5.3% from FY 2022). Net income: €858.9m (down 15% from FY 2022). Profit margin: 16% (down from 20% in FY 2022). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Declared Dividend • Mar 28
Dividend of €0.13 announced Shareholders will receive a dividend of €0.13. Ex-date: 30th April 2024 Payment date: 10th May 2024 Dividend yield will be 0.1%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 41%. Cash payout ratio: 41%. Board Change • Mar 21
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Erik Adrianus Huggers was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 02
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Erik Adrianus Huggers was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 02
Full year 2023 earnings released: EPS: €0.32 (vs €0.37 in FY 2022) Full year 2023 results: EPS: €0.32 (down from €0.37 in FY 2022). Revenue: €5.44b (up 5.3% from FY 2022). Net income: €858.9m (down 15% from FY 2022). Profit margin: 16% (down from 20% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Ankündigung • Feb 01
Hexagon AB (publ) Proposes Dividend for the Year 2023 Hexagon AB (publ) announced that it has proposed a dividend of EUR 0.13 (EUR 0.12) per share, an increase of 8%. Board Change • Feb 01
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Erik Adrianus Huggers was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 11
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Erik Adrianus Huggers was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Dec 20
Hangzhou Greatstar Industrial Co., Ltd agreed to acquire Tesa PMI (Precision Measurement Instruments) Business of Hexagon AB (publ). Hangzhou Greatstar Industrial Co., Ltd agreed to acquire Tesa PMI (Precision Measurement Instruments) Business of Hexagon AB (publ) on December 19, 2023. For the period ended 2022,Tesa PMI reported €50.9 million in revenues. The sale is subject to customary, limited closing conditions and expected to close in first quarter of 2024. Board Change • Nov 30
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Erik Adrianus Huggers was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Nov 03
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: kr49m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Significant insider selling over the past 3 months (kr49m sold). Reported Earnings • Oct 28
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: €1.35b (up 2.5% from 3Q 2022). Net income: €83.6m (down 69% from 3Q 2022). Profit margin: 6.2% (down from 21% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Oct 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Erik Adrianus Huggers was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 22
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Erik Adrianus Huggers was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Aug 29
Chairman of the Board recently bought kr49m worth of stock On the 25th of August, Ola Rollen bought around 502k shares on-market at roughly kr97.02 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth kr50m. Board Change • Aug 29
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Erik Adrianus Huggers was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Aug 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Ankündigung • Aug 12
Hexagon Appoints Mattias Tidebrink to Lead APAC Region for Safety, Infrastructure Geospatial Division Hexagon's Safety, Infrastructure Geospatial division recently named Mattias Tidebrink to head the division's Asia Pacific (APAC) region. He will be responsible for setting the strategic direction, focusing on long-term growth and profitability. Tidebrink brings extensive experience in sales and services in public safety and security throughout the APAC region. For the past 15 years, he has been with Motorola Solutions, most recently serving as vice president of APAC sales for video security and AI. He holds a master's degree in computer science. Tidebrink assumed the role of senior vice president, APAC, on July 17, 2023. He will be based in Australia and report directly to division president Steven Cost. Recent Insider Transactions • Aug 06
Insider recently bought kr2.8m worth of stock On the 2nd of August, Thomas Harring bought around 27k shares on-market at roughly kr103 per share. This transaction increased Thomas Harring's direct individual holding by 1x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr50m. Insiders have collectively bought kr79m more in shares than they have sold in the last 12 months. Reported Earnings • Jul 29
Second quarter 2023 earnings released: EPS: €0.094 (vs €0.099 in 2Q 2022) Second quarter 2023 results: EPS: €0.094 (down from €0.099 in 2Q 2022). Revenue: €1.37b (up 6.4% from 2Q 2022). Net income: €253.7m (down 4.9% from 2Q 2022). Profit margin: 19% (down from 21% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jul 02
Independent Director recently bought kr19m worth of stock On the 27th of June, Brett Watson bought around 2m shares on-market at roughly kr12.24 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr50m. Insiders have collectively bought kr76m more in shares than they have sold in the last 12 months. Ankündigung • Jun 24
Hexagon AB (publ) (OM:HEXA B) acquired CADS Additive GmbH. Hexagon AB (publ) (OM:HEXA B) acquired CADS Additive GmbH on June 23, 2023. The acquisition of CADS Additive enables Hexagon AB to provide customers with integrated tools that empower manufacturing teams to reduce waste and increase efficiency as they move from prototyping to production. The company will operate as part of Hexagon’s Manufacturing Intelligence division. The acquisition has no significant impact on Hexagon's earnings.
Hexagon AB (publ) (OM:HEXA B) completed the acquisition of CADS Additive GmbH on June 23, 2023. Recent Insider Transactions • Jun 18
Independent Director recently bought kr50m worth of stock On the 13th of June, Brett Watson bought around 370k shares on-market at roughly kr135 per share. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr57m more in shares than they have sold in the last 12 months. Board Change • May 11
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Erik Adrianus Huggers was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • May 06
Insider recently bought kr1.2m worth of stock On the 2nd of May, Mattias Stenberg bought around 10k shares on-market at roughly kr118 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr5.6m. Insiders have collectively bought kr6.8m more in shares than they have sold in the last 12 months. Reported Earnings • Apr 29
First quarter 2023 earnings released First quarter 2023 results: Revenue: €1.29b (up 11% from 1Q 2022). Net income: €244.4m (up 34% from 1Q 2022). Profit margin: 19% (up from 16% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Electronic industry in the United Kingdom. Upcoming Dividend • Apr 26
Upcoming dividend of €0.12 per share at 1.2% yield Eligible shareholders must have bought the stock before 03 May 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (1.4%). Ankündigung • Jan 24
Hexagon AB (publ) to Report Fiscal Year 2022 Results on Jan 24, 2023 Hexagon AB (publ) announced that they will report fiscal year 2022 results at 8:00 AM, Central European Standard Time on Jan 24, 2023 
