Oct 25, 2024 / 08:00AM GMT
Paolo Guglielmini - Hexagon AB - President, Chief Executive Officer
Thank you, everyone, for joining our Q3 2024 earnings call. Before discussing the group's performance in the last three months, I want to refer back to the press release that's been published earlier this morning in slide 4. The Board of Directors of Hexagon has authorized management to evaluate the potential separation of the Asset Life Cycle Intelligence division, ALI, into a NewCo.
NewCo will also include businesses with strong customer, technology and operational synergies with ALI and namely ETQ, the enterprise quality management software platform that currently resides into manufacturing intelligence; Bricsys, a provider of CAD and BIM software currently in Geosystems; as well as utilities and infrastructure, a business currently in the SIG division providing network engineering software.
So what are we setting out to do with the strategy? Well, the ambition is to create two public companies at scale with distinctive strategies and financial profiles and to create additional value for all the stakeholders involved.
Q3 2024 Hexagon AB Earnings Call Transcript
Oct 25, 2024
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