Change in HEXPOL’s Group Management
Tracy Garrison, President HEXPOL Compounding Americas and HEXPOL TP Compounding, has decided to leave the company for a position outside the HEXPOL Group. Tracy Garrison will leave end of December 2019 and thereafter CEO Mikael Fryklund will be acting President HEXPOL Compounding Americas and HEXPOL TP Compounding until a successor has been appointed.
“Tracy Garrison has been instrumental in our successful growth strategy to considerably expand the Rubber Compounding business in Americas. Likewise he has built up a very strong and capable team and culture in our American operations. I
Read more →Hexagon Interim Report 1 January - 30 September 2019
Third quarter 2019
- Net sales increased by 1 per cent to 956.3 MEUR (946.1). Using fixed exchange rates and a comparable group structure (organic growth), net sales decreased by -3 per cent
- Operating earnings (EBIT1) increased by 2 per cent to 235.8 MEUR (231.8)
- Earnings before taxes, excluding non-recurring items, amounted to 229.3 MEUR (225.7)
- Net earnings, excluding non-recurring items, amounted to 188.0 MEUR (185.1)
- Earnings per share, excluding non-recurring items, amounted to 0.51 EUR (0.51)
- Operating cash flow, excluding non-recurring items, increased to 174.2 MEUR (
Read more →Entrance Systems takes the next step
Entrance Systems division has since its foundation in 2006 successfully grown from SEK 3 bn to above SEK 25 bn in annual revenue. To enable continued and accelerated growth of the division in the ASSA ABLOY Group, a new divisional structure will be formed around four business segments: Pedestrian, Industrial, Residential and Perimeter Security. Perimeter Security is currently part of the Opening Solutions Americas division and will be transferred to the Entrance Systems division to create new opportunities to scale up and potentially drive a global expansion.
The business segments will
Read more →AAK’s Interim report for the third quarter 2019 – continued profit growth on the back of a strong Food Ingredients performance
AAK Group
· Total volumes for the quarter amounted to 571,000 MT (564,000), organic growth of 1 percent (4).
· Operating profit, including a positive currency translation impact of SEK 24 million and acquisition costs of SEK 6 million, reached SEK 563 million (526), an improvement of 7 percent. Excluding acquisition costs, operating profit per kilo improved by 8 percent to SEK 1.00 (0.93).
· Net result amounted to SEK 398 million (359), an improvement of 11 percent.
· Earnings per share increased by 10 percent, to SEK 1.53 (1.39).
· Cash flow from operating
Read more →Hexagon announces changes to management team
Hexagon AB, a global leader in sensor, software and autonomous solutions, today announced the following organisational changes, effective 1 February 2020:
Juergen Dold will assume a new senior leadership role managing Hexagon’s Geosystems, Geospatial, and Safety & Infrastructure divisions.
· In this role Dold will be responsible for leading the strategy of all three businesses, to deliver end-to-end solutions for Hexagon’s customers within markets such as “Smart Cities, Smart Mines and Smart Infrastructure”.
· Thomas Harring, who currently serves as Chief Operating Officer (COO)/
Read more →Invitation to AAK’s presentation of the fourth quarter and year-end report 2019 on January 30
In connection with the release of AAK’s Interim report for the fourth quarter and year-end report for 2019, we invite you to a press and analyst conference to be held on Thursday, January 30, at 10:00 a.m. CET. The conference will be chaired by Johan Westman, President and CEO, and Fredrik Nilsson, CFO. The presentation will be held in English.
The presentation can be followed by phone or via a webcast. Please note that questions may be asked by phone only.
To follow the conference by phone, please use one of the following numbers:
SE: +46 8 505 583 58
DK: +45 7815 0108
UK: +44 3333
Read more →Invitation to presentation of Hexagon's Year-End Report on 5 February
Hexagon will release its Year-End Report for 2019 on Wednesday 5 February at 08:00 CET. A combined telephone conference and live webcast (in English) concerning the report will be presented by President and CEO Ola Rollén on the same day at 10:00 CET.
Please call +46 (0)8 5664 2651 (SWE), +44 (0)333 300 0804 (UK) or +1 631 913 1422 (US) (code: 11781673) to participate or go to the website (hexagon.com (https://investors.hexagon.com/)) to access the webcast.
The presentation material will also be available for viewing on the Company’s website on-demand.
For further information please
Read more →Hexagon to Support Leidos UK in Metropolitan Police Command and Control System Upgrade
Hexagon AB, a global leader in sensor, software and autonomous solutions, today announced it will support Leidos UK in the recently announced upgrade (https://www.leidos.com/insights/metropolitan-police-appoints-leidos-uk-upgrade-command-and-control-system-responsible) to the Metropolitan Police Service (MPS) command and control system. Under the 10-year programme, Leidos will implement HxGN OnCall, a comprehensive portfolio of advanced public safety solutions, to deliver a system that captures emergency contacts from the public and subsequently coordinates deployment of officers to
Read more →Invitation to presentation of HEXPOL's year-end report 2019 on January 30
HEXPOL will release the year-end report for 2019 on Thursday January 30 at about 13:00 CET. The report will be presented by HEXPOL’s President and CEO Mikael Fryklund and CFO Peter Rosén at a web-casted conference call on January 30 at 15:00 CET.
The presentation can be followed on the web or over the phone.
To participate by phone, please use any of the below numbers:
SE: +46 8 56642692
UK: +44 3333009269
US: +1 8335268397
To participate on the web please use the following link:
https://tv.streamfabriken.com/hexpol-q4-2019
The report and IR-presentation will be
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