Jul 27, 2022 / 08:00AM GMT
Operator
Hello and welcome to the Hexagon Q2 Report 2022. (Operator Instructions)
Today, I'm pleased to present Ola Rollen. Please go ahead with your meeting.
Ola Rollen - Hexagon AB(publ)-CEO - President & Director
Thank you and welcome, everyone, to this interim report earnings call for the second quarter of 2022. And if we turn to Slide #4, overview of the second quarter.
Recorded sales increased by 20%. Organic growth was 6%, and we saw continued strong business momentum. All divisions recorded growth. And we were still suffering from the strained components supply, which hampered growth by 6%. We're expecting a resolution of the supply chain pressure by the end of the year. In spite of that, we record a record gross margin at 65%, and our adjusted operating margin came in at 29.4%.
Now this is obviously a reminder, as always, on Slide 5. Q2 is a strong quarter, Q4 is our strongest quarter, and there is no reason to not expect this seasonality in profit over the quarters for '22 as well.
Q2 2022 Hexagon AB Earnings Call Transcript
Feb 13, 2024
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