Hexagon Interim Report 1 January - 31 March 2024
First quarter 2024
• 3 per cent organic revenue growth (using fixed exchange rates and a comparable group structure)
• Net sales increased by 1 per cent to 1,299.9 MEUR (1,286.6)
• Net sales including the reduction of acquired deferred revenue amounted to 1,299.9 MEUR (1,285.1)
• Adjusted gross margin of 66.5 per cent (66.5)
• Adjusted operating earnings (EBIT1) increased by 1 per cent to 376.5 MEUR (371.2)
• Adjusted operating margin amounted to 29.0 per cent (28.9)
• Earnings per share, excluding adjustments, amounted to 10.1 Euro cent (10.4)
• Earnings per share, including
Read more →Resolutions at ASSA ABLOY AB’s Annual General Meeting 24 April 2024
The Annual General Meeting of ASSA ABLOY AB was held on Wednesday 24 April 2024 in Stockholm, Sweden.
Adoption of income statements and balance sheets and discharge from liability
The Annual General Meeting adopted the parent company’s and the Group’s income statements and balance sheets for the financial year 2023. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2023.
Dividend
The Annual General Meeting approved the dividend of SEK 5.40 per share proposed by the Board of Directors, to be paid out in two equal installments,
Read more →Quarterly Report Q1 2024
Strong execution in a challenging market
First quarter
· Net sales increased by 9% to SEK 35,200 M (32,391), with organic growth of –2% (8) and acquired net growth of 11% (5). Exchange- rates affected sales by 0% (9).
· Organic sales growth was stable in Entrance Systems, but declined in Americas, Asia Pacific, EMEIA and in Global Technologies.
· Three acquisitions with combined annual sales of about SEK 2,000 M were completed in the quarter. The divestment of PACA in France was finalized.
· Operating income[1] (EBIT) increased by 5% and amounted to SEK 5,427 M (5,186),
Read more →Hexagon acquires Xwatch to strengthen its construction safety portfolio
Hexagon, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the acquisition of Xwatch Safety Solutions. Xwatch provides machine control hardware and software technologies designed to enhance safety protocols on construction sites. This includes height control, slew control, and rated capacity indication (RCI) for heavy machinery, allowing operators to limit an excavator's height and set side boundaries to define a working zone, significantly increasing safety around a machine.
Xwatch has previously partnered with Hexagon’
Read more →Changes to the Securitas Group Management team
Greg Anderson, Divisional President North America, has decided to leave Securitas.
Securitas is a world-leading safety and security solutions partner and provides outstanding services for our clients by combining our extensive presence with connected technology and intelligent use of data.
Greg Anderson, Divisional President North America and member of Group Management, has decided to leave Securitas to pursue an opportunity outside the business. This change is effective immediately, and José Castejon, COO North America Guarding and member of Group Management, takes on the role of acting
Read more →Hexagon appoints Maria Luthström and Gordon Dale as joint Presidents of its Autonomous Solutions division
Hexagon AB, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today 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.
AS, launched in 2022, combined the Autonomy & Positioning (A&P) and Mining divisions. A&P
Read more →Invitation to presentation of HEXPOL's Interim Report Q1 on 26 April
HEXPOL will release the Interim Report for the first quarter 2024 on Friday 26 April at about 12:00 CET. The report will be presented by HEXPOL’s acting CEO and CFO Peter Rosén at a web-casted conference call on 26 April at 13:00 CET.
The presentation can be followed on the web or over the phone.
If you wish to participate via webcast please use the link below.
https://ir.financialhearings.com/hexpol-q1-report-2024
If you wish to participate via teleconference please register on the link below. After registration you will be provided phone numbers and a conference
Read more →Invitation to presentation of Hexagon's Interim Report on 26 April
Hexagon will release its Interim Report for the first quarter 2024 on Friday, 26 April, at approximately 08:00 CET. President and CEO Paolo Guglielmini will host a live webcast and telephone conference at 10:00 CET.
Webcast:
The webcast will be streamed here (https://edge.media-server.com/mmc/p/wq7q9zqu).
Telephone conference:
Anyone interested in participating in the Q&A session following the first quarter Interim Report presentation must register here (https://register.vevent.com/register/BIdf7748237b7d43788987af198bc85728).
1. Upon registering, each participant will be
Read more →Invitation to the presentation of ASSA ABLOY’s Q1 report on 24 April starting at 09:30am (CEST)
ASSA ABLOY will release its Q1 report 2024 on Wednesday 24 April 2024 at 08:00 am (CET). A conference call and webcast will be held following the release of the results, starting at 09:30 am (CET) and continuing until 10:30 am (CET). The presentation will be hosted by Nico Delvaux, President and CEO, and Erik Pieder, CFO, followed by questions and answers.
Slides used in the presentation will be available shortly after the release of the report on our website.
Enter the conference call and download presentation material at:
assaabloy.com/investors (https://www.assaabloy.com/group/
Read more →