Earnings Alerts

Hexagon (HEXAB) Earnings: 2Q Operating Profit Hits EU313.2M with Solid Sales Performance

  • Hexagon reported an operating profit of €313.2 million for the second quarter.
  • The company achieved net sales of €1.37 billion during this period.
  • Hexagon’s adjusted EBITDA stood at €478.3 million.
  • Earnings per share (EPS) for the quarter were €0.098.
  • Analyst recommendations include 11 buys, 10 holds, and 3 sells.

A look at Hexagon Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysing the Smartkarma Smart Scores for Hexagon AB, the company showcases a promising long-term outlook. With a strong emphasis on growth and resilience, Hexagon receives high scores in these key areas. Its focus on innovation and adaptation to market changes positions it well for sustained growth in the future. Additionally, the company’s momentum score indicates a positive trajectory, hinting at continued progress and performance in the industry.

Hexagon AB, a global leader in design, measurement, and visualisation technologies, demonstrates solid fundamentals according to the Smartkarma Smart Scores. Although the dividend score is slightly lower, the company’s strengths lie in its value, growth, resilience, and momentum scores. With a diverse range of products and services under its Measurement Technologies segment, Hexagon is well-positioned to capture opportunities in various sectors and maintain its competitive edge in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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