Oct 28, 2021 / 08:00AM GMT
Operator
Hello, and welcome to the Hexagon Q3 report 2021. (Operator Instructions) Today, I'm pleased to present Ola Rollén, President and CEO. Please go ahead with your meeting.
Ola Rollén - Hexagon AB(publ)-CEO - President & Director
Thank you, and welcome, everyone, to this third quarter of 2021. If we move straight to Slide 4, the overview of the quarter. We grew by 15%, recorded 10% organic growth, and the bridge is M&A contributed with 4%, currency 1% and organic growth 10%.
Sales netted at EUR 1.077 billion, and EBIT came in at 28% EBIT margin. If we then move to Slide 5, just a reminder that Q3 is our second weakest quarter in the seasonal pattern where Q1 is the weakest typically and Q2 and especially Q4, are strong quarters.
Moving to Slide 6. Key figures for the third quarter. Net sales amounted to EUR 1.077 billion. And as I've just stated, earnings1 or EBIT1 EUR 297 million, which is 19% better than the corresponding period of last year.
We've got the 9-month
Q3 2021 Hexagon AB Earnings Call Transcript
Feb 13, 2024
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
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers