Releases - Hexagon

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2003

 

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Hexagon invests in new press line

HEXAGON INVESTS IN NEW PRESS LINE

Hexagons business area Engineering invests 70 MSEK in its subsidiary EBP
i Olofström AB (EBP).

The project will propel EBP to become one of Europe's most competitive
and complete suppliers of sheet metal parts to the automotive industry's
aftermarket. EBP will offer project management, stamping, assembly,
painting as well as final customer...

Hexagon increases its interests in China

HEXAGON INCREASES ITS INTERESTS IN CHINA

Hexagon Metrology has agreed to acquire an additional 15 per cent of
each of its subsidiaries Qingdao Brown & Sharpe Quinshao Technology Co
Ltd and Qingdao Brown & Sharpe Trading Co Ltd. Hexagon will hereby
control 90 per cent of the capital in the companies. The remaining 10
per cent is owned by a Chinese state owned company. The...

Hexagon Ab Interim Report 1 January - 30 September 2003

Interim Report
January 1st - September 30th, 2003 Third Quarter 2003

·Net sales increased to 1 605 MSEK (1 589). Using fixed exchange
rates, this corresponds to an organic growth of 6 per cent.
·Earnings after taxes were 29 MSEK (21).
·Earnings per share increased by 38 per cent to 1.57 SEK (1.14).
·Cash flow per share increased by 61 per cent to 8.33 SEK (5.19).

The...

Boliden Nordic Brass - green light from competition authorities

Boliden Nordic Brass has received approval from the Swedish Competition
Authority. Approval from the Finnish Competition Authority has already
been received. The company, founded by Boliden and Hexagon through a
joint venture between Boliden Gusum AB and Nordic Brass AB, will now be
able to commence operations from 1 September, 2003.

"It's positive that the process involving the...

Interim Report January 1st - June 30th, 2003

Interim Report
January 1st - June 30th, 2003

The First six months 2003

· Earnings before taxes, excluding capital gains and non-recurring
items, increased by 7 per cent to 157 MSEK (147). The change in exchange
rates has adversely affected the earnings by -24 MSEK or 15 per cent.

· Net sales increased during the period by 6 per cent to 3 672 MSEK.
Using...

Boliden Nordic Brass - a highly competitive Nordic brass company

Boliden and Hexagon form Boliden Nordic Brass AB - a joint venture
between Boliden Gusum AB and Nordic Brass AB. This agreement will create
a strong Nordic brass company with the necessary prerequisites to meet
the ever-increasing competition from the European brass industry. The
annual turnover of the new company is estimated at SEK 500 million.
Production will be...

Annual General Meeting of Hexagon AB

ANNUAL GENERAL MEETING OF HEXAGON AB (publ)

The Annual General Meeting (AGM) approved the, by the Board of
Directors, proposed dividend of SEK 4.60 per share. Record day will be
Friday 9 May 2003. Dividend settlements will be handled by VPC AB (the
Swedish Securities Register), and the estimated settlement day will be
Wednesday 14 May 2003.

The AGM decided to re-elect board...

Hexagon Interim Report Q1 2003

Interim Report
January 1st - March 31st, 2003


First Quarter 2003

· Earnings before taxes increased by 23 per cent to 70 MSEK.

· Earnings after taxes increased by 36 per cent to 45 MSEK.

· Earnings per share increased by 18 per cent to 2.43 SEK.

· Order intake increased by 18 per cent to 1 907 MSEK.

· Cash flow per share...

Hexagon Acquires Sud Mesure S.A.

HEXAGON ACQUIRES SUD MESURE S.A.

Hexagon's Swiss subsidiary TESA S.A. has acquired Sud Mesure S.A. with
an annual sales turnover of 20 MSEK. The Sales are primarily to the US,
Taiwanese and European markets. The acquisition is expected to
contribute to Hexagons earnings as of closing of the acquisition, which
is expected to take place during April 2003.

Hexagon will via TESA...

Airbus is kept in good measure with help from Hexagon

The Airbus factory in Broughton, North Wales, has ordered a large co-
ordinate measuring machine from Hexagons Italian subsidiary DEA. It will
provide advanced dimensional inspection capabilities that will help keep
pace with the production of wing spars for the current fleet of Airbus
aircraft and components for the new Airbus A380, a 555-seater aircraft
for the 21st Century.

The...

Hexagon

Hexagon AB is a global measurement technologies company with strong market positions. Hexagon's mission is to develop and market leading technologies and services to measure in one, two or three dimensions, to position a...

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