Interim Report January 1st - September 30th, 2002

10/30/2002 6:06 AM EST

Third quarter 2002
· Strong earnings and good order intake during Hexagon's seasonally
weakest quarter
· For the first time since Q1, 2001, the order intake exceeded the
invoicing
· During the quarter, Metrology has acquired Xygent, Mirai as well as
started a factory in China
· Engineering has consolidated GFD with Gislaved and further
increased it's margins


Third quarter First nine months
(MSEK) 2002 2001 Change 2002 2001 Change
Order intake 1 675 1 594 5 % 5 074 4 349 17 %
Net sales 1 589 1 582 0 % 5 065 4 335 17 %
EBITA 88 49 80 % 341 199 71 %
Margin % 5,5 3,1 +2,4 % 6,7 4,6 +2,1 %
EBIT 1 66 32 106 % 275 162 70 %
Earnings before 45 15 200 % 194 142 37 %
tax
Earnings per 1,14 0,56 104 % 6,51 5,75 13 %
share (EPS)
EPS adjust. for 2,33 1,63 43 % 10,39 8,06 29 %
goodwill
Cash flow per 5,35 3,19 68 % 15,61 13,25 18 %
share


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

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