OverviewSuggest Edit

Hexagon provides information technology solutions for geospatial and industrial landscapes. The Company operates through two segments, Industrial Enterprise Solutions (IES) and Geospatial Enterprise Solutions (GIS). The IES segment offers metrology systems that incorporate sensor technology for measurements, as well as computer-aided design, computer-aided manufacturing, and computer-aided engineering software. 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, which are used for decision-making in a range of software applications covering areas, such as surveying, construction, public safety, and agriculture.

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

Latest Updates

Employees (est.) (Dec 2018)19,276(+10%)
Job Openings120
Revenue (FY, 2018)€3.8 B(+10%)
Share Price (Oct 2017)€44.4 (+8%)

Key People/Management at Hexagon

Robert Belkic

Robert Belkic

Chief Financial Officer and Executive Vice President
Ola Rollen

Ola Rollen

President, CEO
Steven Cost

Steven Cost

President, Safety & Infrastructure
Kristin Christensen

Kristin Christensen

Chief Marketing Officer
Norbert Hanke

Norbert Hanke

President, Manufacturing Intelligence
Juergen Dold

Juergen Dold

President, Geosystems
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Hexagon Office Locations

Hexagon has offices in Stockholm, Madison, Tucson, Calgary and in 2 other locations
Stockholm, SE (HQ)
LILLA BANTORGET 15
Stockholm, SE
15 Lilla Banvägen
Calgary, CA
10921 14 St NE
Balgach, CH
Heinrich-Wild-Strasse
Surrey, GB
Mundays Cedar House 78 Portsmouth Rd
Madison, US
305 Intergraph Way
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Hexagon Financials and Metrics

Hexagon Revenue

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View revenue for all periods
Hexagon's revenue was reported to be €3.76 b in FY, 2018 which is a 9.1% increase from the previous period.
EUR

Revenue (Q2, 2019)

976.0m

Gross profit (Q2, 2019)

606.1m

Gross profit margin (Q2, 2019), %

62.1%

Net income (Q2, 2019)

154.1m

EBIT (Q2, 2019)

194.8m

Market capitalization (30-Oct-2017)

16.1b

Closing stock price (30-Oct-2017)

44.4

Cash (30-Jun-2019)

403.5m

EV

16.3b
Hexagon's current market capitalization is €16.1 b.
Annual
EURFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

3.0b3.1b3.4b3.8b

Revenue growth, %

17%3%10%9%

Cost of goods sold

1.2b1.2b1.3b1.4b

Gross profit

1.8b1.9b2.1b2.3b
Quarterly
Annual
EURFY, 2015FY, 2016FY, 2017FY, 2018

Depreciation and Amortization

233.9m233.9m284.7m284.0m

Inventories

(8.8m)(6.8m)(10.8m)(19.0m)

Cash From Operating Activities

704.0m774.2m878.6m951.9m

Purchases of PP&E

(47.9m)(54.3m)(54.7m)(156.5m)
Quarterly
EURY, 2019

EV/EBIT

83.4 x

EV/CFO

59.2 x

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.8 x
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Hexagon Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
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
AGTEKMarch 15, 2018
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Hexagon Revenue Breakdown

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Hexagon revenue breakdown by business segment: 51.6% from INDUSTRIAL ENTERPRISE SOLUTIONS and 48.4% from GEOSPATIAL ENTERPRISE SOLUTIONS

Hexagon revenue breakdown by geographic segment: 29.4% from Asia, 33.0% from Americas and 37.6% from EMEA

Hexagon Online and Social Media Presence

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Hexagon News and Updates

Hexagon Interim Report 1 January - 30 September 2019

NACKA STRAND, Sweden, Oct. 30, 2019 /PRNewswire/ -- Third quarter 2019 - Net sales increased by 1 per cent to 956.3 MEUR (946.1). Using fixed exchange rates and a comparable group structure (organic growth), net sales decreased by -3 per cent - Operating earnings (EBIT1) increased by 2...

Hexagon, Nasscom to open AI community centre in Hyderabad next year

The upcoming artificial intelligence centre will be accessible to all from high-school level, and it will provide free education on AI topics.

Hexagon awarded fuel systems order for hydrogen buses in Italy

Agility Fuel Solutions, a Hexagon Composites business, has been awarded an order to supply twelve fuel systems for Solaris’ new hydrogen bus model.

Optical Measurement Market - Global Forecasts 2019-2024 Featuring Nikon Corporation, Keyence Corporation, Hexagon AB, and Keysight Technologies

DUBLIN, April 29, 2019 /PRNewswire/ -- The "Optical Measurement Market - Forecasts from 2019 to 2024" report has been added to ResearchAndMarkets.com's offering. The optical measurement market is projected to grow at a CAGR of 7.65% to reach US$6.012 billion by 2024, from US$3.863 billion ...

Notice of Annual General Meeting in Hexagon AB (publ)

NACKA STRAND, Sweden, Feb. 28, 2019 /PRNewswire/ -- The shareholders of Hexagon AB are hereby invited to attend the Annual General Meeting to be held at 13:00 CET, Monday 8 April 2019, at City Conference Center Stockholm (Norra Latin), Drottninggatan 71 B, Stockholm. Shareholders who wish ...

Micrometers Market to Set Phenomenal Growth by 2025| Mitutoyo, Starrett, Alpa Srl, Hexagon AB

HTF MI released a new market study on Global Micrometers Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The study covers important players Such as Mitutoyo, Starrett…
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Hexagon Blogs

How will AI transform quality management?

Digital transformation is a huge topic in manufacturing today. It lies at the centre of long-term, major smart factory strategies and plays a key part in making quality more efficient. What about the role of artificial intelligence (AI) in the digital transformation of quality management? What gains…

How digital transformation creates new careers in metrology

I never imagined when I started out as an apprentice toolmaker in Coventry in 1988 that I would go on to use 3D laser scanning to help people develop winning Formula One race cars, build helicopters, equip athletes, or unveil the secrets of Norwegian archaeological sites. There are many reasons I re…

Vehicle fit made smarter: how to select a flush and gap inspection device for today’s new design challenges

Car design has changed drastically over the last 20 years. With bolder concepts and the introduction of new materials, the fit and finish process has presented the automotive industry with new challenges. Consumer tastes have also changed over the years, with heightened expectations for supreme qual…

Driving smarter additive manufacturing at Formnext 2019

Visitors to the Hexagon stand at Formnext 2019 in Frankfurt will discover how the next generation of engineers are already making manufacturing smarter as part of the Formula Student competition to design and build a racing car. Formula Student is where many of Europe’s top-flight engineering studen…

Showcasing how Hexagon makes aerospace smarter at Dubai Airshow 2019

The aerospace industry is in the midst of a period of great change. Competition is growing around the world. Technology is advancing and there are increasing levels of demand for new aircraft. It’s never been more important for OEMs and suppliers to reduce production cycle times, increase quality, a…

Developing a solution to reduce risk of deep vein thrombosis with VISI and WORKNC

Just days before his wedding, Paul Westerman collapsed in his bathroom. He wasn’t breathing. At the hospital, a CT scan showed Paul had suffered a pulmonary embolism, a potentially fatal complication of deep vein thrombosis (DVT). One of the leading causes of DVT is lengthy physical inactivity, such…
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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 Robert Belkic, Ola Rollen and Steven Cost.

  • How many employees does Hexagon have?

    Hexagon has 19,276 employees.

  • What is Hexagon revenue?

    Latest Hexagon annual revenue is €3.8 b.

  • What is Hexagon revenue per employee?

    Latest Hexagon revenue per employee is €195.1 k.

  • Who are Hexagon competitors?

    Competitors of Hexagon include Geospatial Corporation, Trimble and Klaus.

  • Where is Hexagon headquarters?

    Hexagon headquarters is located at LILLA BANTORGET 15, Stockholm.

  • Where are Hexagon offices?

    Hexagon has offices in Stockholm, Madison, Tucson, Calgary and in 2 other locations.

  • How many offices does Hexagon have?

    Hexagon has 8 offices.