Hexagon Year-end Report 1 January - 31 December 2016
NACKA STRAND, Sweden, Feb 06, 2017 /PRNewswire/ --
FOURTH QUARTER 2016
- Net sales increased by 4 per cent to 849.5 MEUR (815.7). Using fixed exchange rates and a comparable group structure (organic growth), net sales increased by 2 per cent
- Operating earnings (EBIT1) increased by 6 per cent to 208.7 MEUR (197.8)
- Earnings before taxes amounted to 202.6 MEUR (192.0)
- Net earnings amounted to 164.1 MEUR (155.5)
- Earnings per share increased by 5 per cent to 0.45 EUR (0.43)
- The Board of Directors proposes a dividend of 0.48 EUR (0.43) per share, an increase of 12 per cent
SUBSEQUENT EVENTS
- Hexagon signed an agreement to acquire MSC Software, a leading provider of CAE (simulation) software
- Hexagon will charge -34 MEUR in Q1 2017 in a cost savings programme to further accelerate margin improvement. Fully implemented the annual savings will amount to 43 MEUR
For further information, please contact:
Maria Luthström,
Investor Relations Manager,
Hexagon AB,
Tel: +46-8-601-26-27,
E-mail: ir@hexagon.com
Kristin Christensen,
Chief Marketing Officer,
Hexagon AB,
Tel: +1-404-554-0972,
E-mail: media@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 February 6 2017.
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The following files are available for download:
Year-End Report 2016 |
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