Sweden's Hexagon says weak North America, China growth hit Q1 earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 11 2025
0mins
Source: Reuters
Hexagon's Financial Performance: Hexagon reported an 8% decline in adjusted operating profit for Q1 due to reduced growth in North America and China, leading to a 10% drop in its shares. The company anticipates EBIT of 345 million euros, falling short of analyst expectations.
Market Impact and Future Outlook: Economic uncertainties and tariff-related issues have caused delays in customer spending decisions, resulting in flat organic sales growth and a decrease in operating margin. Hexagon's shares have decreased by 20% this year, placing them at the bottom of Europe's STOXX 600 index.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
