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

Q4 2021 Hexagon AB Earnings Call Transcript

Feb 02, 2022 / 09:00AM GMT
Release Date Price: $14.22 (+5.38%)
Operator

Hello, and welcome to the Hexagon Year-End Report 2021. (Operator Instructions) Today, I am pleased to present Ola Rollén. Please go ahead with your meeting.

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

© - ()- -

Thank you. Welcome, everyone, to this Q4 report for 2021. And I suggest that we move straight to Slide #4. We had a record quarter. Sales increased by 17%. The organic growth was 7%. And we could have shipped another 6% organic growth had we not faced component supply shortages in the quarter.

Our largest divisions, Geosystems and Manufacturing Intelligence, managed to grow by 7% and 9%, with solid margin expansion. PPM continued to recover, recording an 8% organic growth in the quarter. And this was also our first quarter with EAM solutions and EAM delivered a 42% SaaS revenue growth.

Our EBIT came in at EUR 373 million, and that's an increase by 24%. If we now move to Slide 5. That is just a reminder that Q2 and Q4 are strong quarters seasonality wise, and Q1 and Q3

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