HEXAGON: Interim Report January 1st - September 30th, 2004

10/28/2004 6:15 AM EST

Third Quarter 2004
- Net sales increased by 25 per cent to 2 000 MSEK (1 605). Using fixed exchange rates and a comparable group structure, the organic growth was 12 per cent.
- Earnings before taxes increased by 128 per cent to 114 MSEK (50).
- Earnings after taxes increased by 183 per cent to 82 MSEK (29)
- Earnings per share after taxes increased by 183 per cent to 4.43 SEK (1.57).
- Cash flow per share decreased to 3.62 SEK (8.33)

Nine month of 2004
- Net sales increased by 12 per cent to 5 886 MSEK (5 277). Using fixed exchange rates and a comparable group structure, net sales increased by 9 per cent.
- Earnings before taxes increased by 55 per cent to 321 MSEK (207).
- Earnings after taxes increased by 67 per cent to 222 MSEK (133)
- Earnings per share after taxes increased by 67 per cent to 12.01 SEK (7.19).
- Cash flow per share increased to 20.66 SEK (14.49).

Outlook
- Hexagon's long-term financial target of an increase in earnings by at least 15 per cent per an-num will, for 2004, be exceeded.


For futher information, please contact:
Ola Rollén, CEO, Hexagon AB, tel. no +46 (0) 8- 601 26 20
Håkan Halén, CEO, Hexagon AB, tel.no + 46 (0) 8-601 26 20