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Hexagon Says Trading Environment Will Stay Difficult In Q3



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July 26 (Reuters) -Hexagon AB HEXAb.ST:

  • TRADING ENVIRONMENT, ESPECIALLY CHALLENGED CONSTRUCTION AND AUTOMOTIVE MARKETS, WILL REMAIN DIFFICULT IN THE THIRD QUARTER

  • IN Q2 SLOW DEMAND IN AUTOMOTIVE AND MACHINING ACTIVITIES IN EMEA AND CHINA AFFECTED OUR MANUFACTURING INTELLIGENCE (MI) BUSINESS

  • IN Q2 GLOBAL WEAKNESS OF THE CONSTRUCTION SECTOR IMPACTING THE GEOSYSTEMS DIVISION

  • IN Q2 AUTONOMOUS SOLUTIONS EXPERIENCED GOOD GROWTH IN MINING, WHILE AUTONOMY & POSITIONING DECLINED AGAINST TOUGH COMPARATIVES

  • IN Q2 ASSET LIFECYCLE INTELLIGENCE GREW 9% ORGANICALLY, WITH STRONG SAAS AND PERPETUAL SOFTWARE SALES

Source text for Eikon: ID:nWkr8Yq8wV

Further company coverage: [HEXAb.ST]


(Gdansk Newsroom)

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