Hexagon AB (MEX:HEXAB)
MXN 222.99 0 (0%) Market Cap: 477.45 Bil Enterprise Value: 552.77 Bil PE Ratio: 22.40 PB Ratio: 2.18 GF Score: 93/100

Q4 2020 Hexagon AB Earnings Call Transcript

Feb 03, 2021 / 09:00AM GMT
Release Date Price: MXN240.25
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

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot