Hexagon AB Reports Steady Growth and Strong Margins

Hexagon AB ( (HXGBY) ) has released its Q4 earnings. Here is a breakdown of the information Hexagon AB presented to its investors.

Hexagon AB, a leader in digital solutions and autonomous systems, operates in sectors including geospatial, manufacturing intelligence, and safety infrastructure. The company reported a modest organic revenue growth of 1% for 2024, with notable increases in recurring revenues and cash conversion amidst challenging market conditions. Key highlights include a 3% rise in adjusted operating earnings and a record adjusted operating margin of 31.1%. The company’s strong performance was driven by its Asset Lifecycle Intelligence and Safety, Infrastructure & Geospatial divisions, as well as a successful focus on operational excellence and innovation. Despite a difficult market environment, Hexagon managed to achieve improved profitability and a strong cash conversion rate. Looking ahead, Hexagon remains committed to leveraging its investments in innovation to drive growth and achieve its financial targets.