Hexagon AB (OTCPK:HXGBY)
$ 9.45 0.82 (9.5%) Market Cap: 25.37 Bil Enterprise Value: 29.03 Bil PE Ratio: 23.28 PB Ratio: 2.43 GF Score: 93/100
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Q4 2020 Hexagon AB Earnings Call Transcript

Feb 03, 2021 / 09:00AM GMT
Release Date Price: $12.7 (-2.19%)
Operator

Hello, and welcome to the Hexagon Q4 Report 2020. (Operator Instructions). Today, I'm pleased to present Ola Rollén. Please go ahead with your meeting.

Ola RollÃ;n;publ;CEO
Hexagon AB;President & Director

© - ()- -

Thank you very much, and welcome, everyone, to this year-end report for 2020. And if we start at Slide #4, overview of the fourth quarter 2020. As you can see to the right, net sales amounted to EUR 1.059 billion in 2019. And we grew, through M&A, 3% this quarter, but we had 5% negative FX headwind in this quarter, and we grew organically by 1%, thus recording a minus 1% recorded growth of EUR 1.044 billion.

Within that growth, we saw Geospatial growing by 7% organic growth, and we saw strong development across all business units within Geosystems, fueled by construction and infrastructure demand. Safety & Infrastructure had also a solid development in public safety. And with its new products, the OnCall products, we saw solid demand in the quarter.

Industrial

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