contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment CompanyTagList on Company {
  pageUrl
  name
  viewerIsFollowing
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    ...CompanyTagList
    id
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls {
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      defaultInstrument {
        isin
        id
      }
      id
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    id
    name
    viewerIsFollowing
    defaultInstrument {
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


hexagon-rather-small-acquisition-complements-positioning-offering

__typename

title

isPremium

lang

htmlBody

companies

createdAt

publishers

authors

reactionGroups

pageUrl

alternatePageUrls

imgUrl

description

Analytiker

Pauli Lohi

Hexagon is a global provider of technology solutions. The company specializes in the development of information technology that is further used in geospatial and industrial applications. The company's solutions mainly integrate sensors, software, industrial knowledge, and customers' workflows into information ecosystems. Customers are found on a global level in various industries. Hexagon was founded in 1975 and is headquartered in Stockholm, Sweden. 

Hexagon

Hexagon announced the acquisition of Septentrio, which develops high-tech positioning technology. 

<p>Hexagon announced the acquisition of Septentrio, which develops high-tech positioning technology. The acquisition has a small impact of 1% on group sales and operating profit. The acquisition complements the well-growing Autonomous Solutions division, which is benefiting from the emergence of autonomous technologies as well as increased global military spending and geopolitical tensions.</p>
<h2>Small increment to group numbers</h2>
<p>Hexagon announced on Tuesday morning that it has agreed to acquire Septentrio NV, a provider of Global Navigation Satellite System (GNSS) technologies (mainly hardware, we believe). Septentrio had revenue of over 50 MEUR in 2024 with margins in line with the Hexagon Group. We therefore expect the acquisition to increase Hexagon Group&apos;s revenue and adjusted EBIT by roughly 1%. Sales have grown strongly in 2024 according to Hexagon. We will include the acquisition in our estimates in our Q4&apos;24 update report at the latest. We do not see the acquisition having a significant impact on the share value or our recommendation. The acquisition is subject to regulatory approvals and is expected to be finalized in H1 2025. The purchase price was not disclosed by Hexagon.</p>
<h2>Complementary offering to Autonomous Solutions division</h2>
<p>Septentrio develops GNSS receivers that are sold to a large base of OEM customers in various industries such as defense, marine and agriculture. Septentrio&#x2019;s solutions provide strong resilience against jamming or spoofing, which is increasingly important in both civil and military applications amidst growing geopolitical tensions. The acquired business complements Hexagon&#x2019;s Autonomous Solutions division, which already had a strong growth profile on its own before the acquisition.</p>

	2023	24e	25e
Omsætning	5.435,2	5.406,6	5.713,2
vækst-%	5,32 %	-0,53 %	5,67 %
EBIT (adj.)	1.596,7	1.596,4	1.726,8
EBIT-% (adj.)	29,38 %	29,53 %	30,23 %
EPS (adj.)	0,43	0,43	0,47
Udbytte	0,13	0,14	0,15
Udbytte %	1,42 %	1,51 %	1,62 %
P/E (adj.)	21,06	21,67	19,57
EV/EBITDA	15,69	14,12	12,77

Hexagon: Rather small acquisition complements positioning offering

Small increment to group numbers

Complementary offering to Autonomous Solutions division

Hexagon

Key Estimate Figures28.10.2024