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STOCKHOLM, July 21, 2025 /PRNewswire/ -- Hexagon, the global leader in measurement technologies, today announced that Anders Svensson has officially assumed the role of President and CEO as of 20 July 2025. His appointment was first announced on 20 January 2025.
Anders Svensson succeeds Norbert Hanke, who has served as interim President and CEO since November 2024. Norbert will now take on the role of Group Executive Vice President where he will assume responsibility for people and culture at a group level and lead ventures and other strategic projects. He will continue reporting directly to Hexagon's President and CEO and remain a member of Hexagon's executive management team.
- Bridge esports instincts with engineering intelligence in Hexagon's new telemetry-based skills challenge- Test your speed, strategy and logic in real-time scenarios inspired by racing and advanced manufacturing- Co-developed with Oracle Red Bull Sim Racing and MENSA to spotlight skills powering engineering and digital manufacturing
LONDON, July 17, 2025 /PRNewswire/ -- Hexagon's Manufacturing Intelligence division has teamed up with Oracle Red Bull Sim Racing to launch Telemetry Tested: The Hexagon x Oracle Red Bull Sim Racing Future Skills Challenge – an interactive quiz that fuses esports performance with real-world engineering instincts.
STOCKHOLM, July 2, 2025 /PRNewswire/ -- Hexagon AB has announced the sale of certain non-core business assets within its Safety, Infrastructure & Geospatial (SIG) division. These divestments will allow Hexagon's SIG division to focus on its core software portfolio, particularly its fast-growing public safety business, ahead of the potential separation of Octave.
Most of the purchase is by Bart & Associates (B&A), which has acquired several business assets out of Hexagon US Federal, including IT services supporting the US Federal market, geospatial data production services, and the supply of ruggedized hardware for enabling cyber assurance and situational awareness. In addition, Hexagon has exited a smaller reseller business of APIs and related services designed to solve challenges in mapping and geospatial positioning. Most of the products sold in these businesses are not sold elsewhere across Hexagon.
STOCKHOLM, June 17, 2025 /PRNewswire/ -- As Hexagon AB prepares for the potential spin-off of Hexagon's Asset Lifecycle Intelligence and Safety, Infrastructure & Geospatial divisions and related businesses, the company has announced that the new business will operate as Octave. This new name communicates the company's intent to increase, accelerate, and optimise customer outcomes.
STOCKHOLM, June 17, 2025 /PRNewswire/ -- Hexagon, the global leader in measurement technology, launches a humanoid robot, AEON, at its flagship Hexagon LIVE Global event.
STOCKHOLM, June 17, 2025 /CNW/ -- Hexagon, the global leader in measurement technology, launches a humanoid robot, AEON, at its flagship Hexagon LIVE Global event.
STOCKHOLM, June 12, 2025 /PRNewswire/ -- Hexagon AB has announced an agreement to acquire APEI, a French company specialising in aerial mapping, to augment its geospatial data platforms.
APEI owns and operates a fleet of private aircraft dedicated to aerial data acquisition, primarily within France, neighbouring European countries, and Africa. They have been a long-term partner of Hexagon, utilising its sensors and processing capabilities and contributing to the Hexagon Content Program, the largest library of aerial imagery & elevation models in the United States & Europe and a core application on HxDR, Hexagon's cloud-based platform for storing, visualising and collaborating on spatial data. Acquiring APEI will enhance Hexagon's ability to support growing demand for accurate, large-scale geospatial content.
STOCKHOLM, April 30, 2025 /PRNewswire/ --
First quarter 2025
0% organic revenue growth (using fixed exchange rates and a comparable group structure)Net sales increased by 2% to 1,322.8 MEUR (1,299.9)Adjusted gross margin of 67.2% (66.5)Adjusted operating earnings (EBIT1) decreased by -8% to 344.7 MEUR (376.5)Adjusted operating margin amounted to 26.1% (29.0)Earnings per share, excluding adjustments, amounted to 9.4 Euro cent (10.1)Earnings per share, including adjustments, amounted to 7.0 Euro cent (8.9)Operating cash flow before non-recurring items decreased to 154.0 MEUR (219.4)Cash conversion amounted to 71% (88)Recurring revenue increased by 10% and amounted to 570.7 MEUR (520.3)STOCKHOLM, April 11, 2025 /PRNewswire/ -- Following a good start to the year, Hexagon has recorded a weaker than expected financial performance in March, which is the most significant month in the quarter for revenues. Growth in the key NAFTA and China markets declined in the last two weeks of March, with economic uncertainty impacting deliveries. Recurring revenues grew strongly during the quarter, but this was more than offset by weakness in sensor sales. The decline in sensor volumes in March, coupled with a 6 MEUR drag from currency transaction effects, had a negative short-term impact on EBIT1 margins.
STOCKHOLM, April 3, 2025 /PRNewswire/ -- Hexagon AB today announced the appointment of Andreas Renulf as President of its Manufacturing Intelligence division, effective 1 May 2025. Andreas will report directly to Norbert Hanke, interim President and CEO, Hexagon. Josh Weiss, the current President of Hexagon's Manufacturing Intelligence division, is leaving Hexagon to join another company and will work with Andreas to ensure a smooth transition and handover until his departure at the end of May.