Hexagon AB (OTCPK:HXGBY)
$ 8.66 -0.38 (-4.2%) Market Cap: 23.25 Bil Enterprise Value: 27.91 Bil PE Ratio: 21.33 PB Ratio: 2.18 GF Score: 93/100

Q4 2023 Hexagon AB Earnings Call Transcript

Feb 01, 2024 / 09:00AM GMT
Release Date Price: $11.38 (+4.79%)
Operator

Hello, and welcome to the Hexagon Q4 Report 2023. (Operator Instructions) Please be advised that today's conference is being recorded. I would now like to hand over to President and CEO, Paolo Guglielmini. Please go ahead.

Paolo Guglielmini;publ;CEO;President
Hexagon AB

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Thank you very much for joining this Q4 2023 and full year report. Welcome. We're pleased to report another good growth quarter. The (technical difficulty) us throughout the last couple of years is continuing, is driven by the efforts that we're making in innovation. Automation, sensor fusion, cloud technologies are carrying growth throughout most of our divisions. And that's also coming with margin expansion, which underlines good execution, good discipline and strength of the business model.

In Q4, we were pleased to report a strong cash conversion, and overall for the full year 2023 results came on track with our 2026 objectives, which we're going to review in a second. As a result, the Board proposes an increased dividend of

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