OverviewSuggest Edit

Hexagon is a company that provides information technology solutions for geospatial and industrial landscapes. It operates in two segments: Industrial Enterprise Solutions (IES) and Geospatial Enterprise Solutions (GIS). The IES segment offers sensor technologies such as coordinate measurement machines (CMM), laser trackers, and scanners. It also includes software for CAD&(computer-aided design), CAM (computer-aided manufac- turing) and CAE (computer-aided engineering). The GIS segment provides sensors for capturing data from land and air, as well as for positioning through satellites. Besides, it offers GIS software for the creation of 3D maps and models used in surveying, construction, public safety, and agriculture areas.

TypePublic
Founded1992
HQStockholm, SE
Websitehexagon.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2020)20,343
Job Openings278
Revenue (FY, 2019)€3.9 B(+4%)
Share Price (Sept 2021)KR148.6(-1%)
Cybersecurity ratingBMore

Key People/Management at Hexagon

Ola Rollen

Ola Rollen

Member of the Board, President and CEO
Robert Belkic

Robert Belkic

Chief Financial Officer and Executive Vice President
Burkhard Boeckem

Burkhard Boeckem

Chief Technology Officer
Kristin Christensen

Kristin Christensen

Chief Marketing Officer
Ben Maslen

Ben Maslen

Chief Strategy Officer
Tony Zana

Tony Zana

General Counsel and Chief Compliance Officer
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Hexagon Office Locations

Hexagon has offices in Stockholm, Madison, Tucson, Florianópolis and in 4 other locations
Stockholm, SE (HQ)
LILLA BANTORGET 15
Florianópolis, BR
Rod. José Carlos Daux, 7001 - Santo Antonio de Lisboa
Calgary, CA
10921 14 St NE
Gurugram, IN
Golf Course Road, Parsvnath Exotica, Block A, Sector 53
Heerbrugg, CH
Heinrich-Wild-Strasse 201
Surrey, GB
Mundays Cedar House 78 Portsmouth Rd
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Hexagon Financials and Metrics

Hexagon Revenue

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Hexagon's revenue was reported to be €3.91 b in FY, 2019 which is a 3.9% increase from the previous period.
EUR

Revenue (Q1, 2020)

889.9m

Gross profit (Q1, 2020)

571.6m

Gross profit margin (Q1, 2020), %

64.2%

Net income (Q1, 2020)

153.0m

EBIT (Q1, 2020)

192.4m

Market capitalization (15-Sept-2021)

381.4b

Closing stock price (15-Sept-2021)

148.6

Cash (31-Mar-2020)

403.6m

EV

383.5b
Hexagon's current market capitalization is kr381.4 b.
Annual
EURFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

3.0b3.1b3.4b3.8b3.9b

Revenue growth, %

17%3%10%9%4%

Cost of goods sold

1.2b1.2b1.3b1.4b1.5b

Gross profit

1.8b1.9b2.1b2.3b2.5b
Annual
EURFY, 2016FY, 2017FY, 2018FY, 2019

Depreciation and Amortization

233.9m284.7m284.0m387.7m

Inventories

(6.8m)(10.8m)(19.0m)9.3m

Cash From Operating Activities

774.2m878.6m951.9m1.1b

Purchases of PP&E

(54.3m)(54.7m)(156.5m)(125.4m)
EURFY, 2015

Revenue/Employee

191.5k
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Hexagon Operating Metrics

FY, 2018FY, 2019

Countries

5050

Patents Issued

3.7 k3.7 k
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Hexagon Acquisitions / Subsidiaries

Company NameDateDeal Size
Blast Movement TechnologyJanuary 08, 2020
BricsysOctober 23, 2018
External ArrayAugust 14, 2018
LSE SrlAugust 10, 2018
Guardvant IncAugust 07, 2018
Geosurf CorporationAugust 01, 2018
SPRING Technologies SASJune 19, 2018
AutonomouStuffJune 02, 2018
NextSense GmbHMay 15, 2018
ProCAMApril 20, 2018
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Hexagon Revenue Breakdown

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Hexagon revenue breakdown by business segment: 50.5% from INDUSTRIAL ENTERPRISE SOLUTIONS and 49.5% from GEOSPATIAL ENTERPRISE SOLUTIONS

Hexagon revenue breakdown by geographic segment: 27.5% from Asia, 35.1% from Americas and 37.4% from EMEA

Hexagon Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Hexagon Online and Social Media Presence

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Hexagon News and Updates

Hexagon Agility Provides Additional CNG (RNG) Fuel Systems to Estes

Costa Mesa, CA, May 26, 2021 (GLOBE NEWSWIRE) -- Hexagon Agility, a world-leading provider of natural gas transportation solutions announced today that Estes Express Lines, the largest privately-owned freight carrier in North America, has ordered an additional 50 natural gas powered trucks with He…

China Hydrogen Energy Market and the Role of Overseas Players, Featuring Ballard Power Systems, Maximator, Netstack, Hexagon and More

Dublin, May 20, 2021 (GLOBE NEWSWIRE) -- The "Business Layout of Overseas Players in Hydrogen Energy Market in China" report has been added to ResearchAndMarkets.com's offering. This report of overseas companies' strategies in the Chinese hydrogen and fuel cell industry covers the leading companie…

Hexagon Agility receives sixth set of orders for CNG/RNG trucks from major global logistics customer

Hexagon Agility, a business of Hexagon Composites, signed a master services agreement in June 2020 with a global logistics customer to deliver compressed natural gas (CNG) and renewable natural gas (RNG) fuel systems for medium and heavy-duty trucks.

Hexagon Ragasco receives first order in 2021 from key customer in South-Asia

Hexagon Ragasco, a Hexagon Composites company, received its first order in 2021 from a long-term customer in South Asia. The total estimated value of the order is USD 3.8 million (approx. NOK 32 million).

Hexagon Agility receives fifth set of orders for CNG/RNG trucks from major global logistics customer

Hexagon Agility, a business of Hexagon Composites, signed a master services agreement in June 2020 with a global logistics customer to deliver compressed natural gas (CNG) and renewable natural gas (RNG) fuel systems for medium and heavy-duty trucks.

Hexagon Agility receives fourth set of orders for CNG trucks from major global logistics customer

Hexagon Agility, a business of Hexagon Composites, signed a master services agreement in June 2020 with a global logistics customer to deliver compressed natural gas (CNG) fuel systems for medium and heavy-duty trucks.
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Hexagon Blogs

Case study Reia s.r.l: Designing a Combined Heat and Power Facility with Hexagon Solutions

Reia s.r.l. is an Italian engineering company specializing in the power industry, especially in thermal and electrical energy production and distribution systems. The company was hired to design an entirely new combined heat and power (CHP) facility for a paper mill located in northern Italy. The pl…

Key considerations for enhancing orthopaedic implants inspection

‘Orthopaedic implants’ can refer to quite a wide range of parts. These implants could be designed to last the lifespan of a patient, for example as permanent elbow, knee, or hip joint replacements but can also refer to temporary prosthetics, including screws, wires, and plates, that are used until b…

Smart city collaboration: from abstract idea to reality

It is well known that smart cities must collaborate to be truly effective. However, moving collaboration from idea to reality has been challenging. As we have witnessed with the recent coronavirus pandemic, events can be unpredictable and spontaneous. Despite the resiliency of cities, there is no st…

World Metrology Day 2021: measurement and health

This year’s theme for World Metrology Day is “measurement for health”. The aim is to “create awareness of the important role measurement plays in health, and thus in the wellbeing of every one of us.” Public health is of course always a cornerstone of government policies and scientific research, but…

Scalability in a disaster means a more total response

Disasters – natural, public health, or criminal – happen, and seconds count when mounting a response. In large-scale events, multiple departments within a jurisdiction need to coordinate efforts and share data to ensure police, fire, EMS, EMA, and communications agencies can act in concert to improv…

Budget Proposals: Harder Than Ever to Make, but More Critical Than Ever

One of the most overused phrases of the past year is that we are living in “unprecedented times”. While this is true, it has been repeated far too much. Leading into 2020 the construction industry was no different and was already experiencing issues with tougher project timelines, undeveloped projec…
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Hexagon Frequently Asked Questions

  • When was Hexagon founded?

    Hexagon was founded in 1992.

  • Who are Hexagon key executives?

    Hexagon's key executives are Ola Rollen, Robert Belkic and Burkhard Boeckem.

  • How many employees does Hexagon have?

    Hexagon has 20,343 employees.

  • What is Hexagon revenue?

    Latest Hexagon annual revenue is €3.9 b.

  • What is Hexagon revenue per employee?

    Latest Hexagon revenue per employee is €192.1 k.

  • Who are Hexagon competitors?

    Competitors of Hexagon include Analytical Graphics, TE Connectivity and Raytheon Technologies.

  • Where is Hexagon headquarters?

    Hexagon headquarters is located at LILLA BANTORGET 15, Stockholm.

  • Where are Hexagon offices?

    Hexagon has offices in Stockholm, Madison, Tucson, Florianópolis and in 4 other locations.

  • How many offices does Hexagon have?

    Hexagon has 8 offices.