Lower market activity weighs on growth
Q1 report was a bit soft with growth below estimates. We believe the currently low market activity in the construction and manufacturing sectors slightly burdens Hexagon’s growth in 2024 but the company’s solid long-term growth profile is still intact.
Hexagon
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.
Read more on company pageKey Estimate Figures29.04
2023 | 24e | 25e | |
---|---|---|---|
Revenue | 5,435.2 | 5,594.9 | 5,927.6 |
growth-% | 5.32 % | 2.94 % | 5.95 % |
EBIT (adj.) | 1,596.7 | 1,662.7 | 1,789.1 |
EBIT-% (adj.) | 29.38 % | 29.72 % | 30.18 % |
EPS (adj.) | 0.43 | 0.45 | 0.49 |
Dividend | 0.13 | 0.14 | 0.15 |
Dividend % | 1.19 % | 1.55 % | 1.66 % |
P/E (adj.) | 25.12 | 20.23 | 18.39 |
EV/EBITDA | 18.35 | 13.19 | 11.80 |