Jul 26, 2019 / 08:00AM GMT
Operator
Hello and welcome to the Q2 Report of Hexagon 2019. (Operator Instructions). Today, I am pleased to present Ola Rollén. Please go ahead with your meeting.
Ola Rollén - Hexagon AB(publ)-CEO - President & Director
Thank you. And welcome, everyone, to this interim report for the second quarter of 2019. And if we start on Slide #4, the overview of the second quarter 2019.
As previously reported early in July, we see organic growth of minus 1% in this quarter. Our recorded net sales growth is 4%, thanks to structure and FX. We saw solid growth in the quarter in most areas actually: GeoSystems, 6% organic growth; PP&M, 3% on the back of very tough comps in the Q2 of 2018. But Manufacturing Intelligence recorded minus 7% organic growth, reflecting the weaker demand environment in China and especially in the electronics segment.
Manufacturing Intelligence without China actually grew year-on-year organic growth, so the rest of the world was fine for Manufacturing Intelligence. And as
Q2 2019 Hexagon AB Earnings Call Transcript
Feb 13, 2024
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