Feb 03, 2021 / 09:00AM GMT
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 Rollén - Hexagon AB(publ)-CEO - 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
Q4 2020 Hexagon AB Earnings Call Transcript
Feb 13, 2024
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