Hexagon Ab Interim Report 1 January - 30 September 2003
10/30/2003 6:53 AM EST
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 first Nine Months 2003
·Net sales increased during the period by 4 per cent to 5 277
MSEK (5 066). Using fixed exchange rates, net sales increased by 9 per
cent.
·Earnings after taxes were 133 MSEK (111), which corresponds to
7.19 SEK per share (6.51).
·Earnings before taxes, excluding capital gains and non-
recurring items, increased by 13 per cent to 207 MSEK (184). The change
in exchange rates has affected the earnings adversely by 32 MSEK.
Third quarter Nine months
2003 2002 Change 2003 2002 Change
Recor Curr.A Record Curr.A
ded dj. ed dj.
Order intake 1 630 1 675 -3 % 2 % 5 296 5 074 4 % 9 %
Net sales 1 605 1 589 1 % 6 % 5 277 5 066 4 % 9 %
EBITA 87 88 -1 % 10 % 328 341 -4 % 8 %
Margin % 5.4 5.5 -0.1 0.2 6.2 6.7 -0.5 -0.1
EBIT 1 68 66 3 % 17 % 270 275 -2 % 11 %
Earnings after
net financial 50 37 35 % 57 % 207 184 13 % 30 %
items, excl.
non-recurring
items
Earnings before 50 45 11 % 29 % 207 194 7 % 23 %
tax
Net earnings 29 21 38 % 64 % 133 111 20 % 40 %
Earnings per 1.57 1.14 38 % 64 % 7.19 6.51 10 % 29 %
share
Cash flow per 8.33 5.19 61% 14.49 10.15 43 %
share
The Interim Report will be presented in a telephone
conference, see instructions on www.hexagon.se
For further information, please call:
Ola Rollén, CEO, Hexagon AB, Phone +46 8-601 26 20
Håkan Halen, CFO, Hexagon AB, Phone +46 8-601 26 20
Subscription to Hexagon's financial information is available at
www.hexagon.se.
Hexagon AB (publ), Registration No: Phone +46 8-601 26 20
556190-4771 Fax +46 8-601 26 21
Box 1112 www.hexagon.se
S-131 26 Nacka Strand
Hexagon is a multinational engineering group with the long-term
ambition of positioning itself as number one or number two within
its strategic sectors. The group's targets are to increase earnings
per share after tax by at least 15 per cent p.a., and achieve a
return on capital employed of more than 15 per cent over a business
cycle.