Hexagon AB (publ) (HEXA_B) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to the Hexagon Q1 Report 2026 webcast and conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there'll be a question and answer session. To ask a question during the session, you will need to press star 1 and 1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1 and 1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Anders Svensson, President and CEO of Hexagon. Please go ahead, sir. Thank you, operator. Good morning, everyone, and welcome to Hexagon's first quarter 2026 conference call. First, I will direct you to the standard cautionary statement, and then we turn into the next slide. Before I begin, a reminder that the upcoming potential spin-off of Octave, we are now presenting Octave as discontinued operations. We have provided this first bridge here for you to understand the performance of continuing Hexagon, Octave, and taking them both together, meaning the former Hexagon Group. Looking at the headline numbers for the first quarter, Hexagon Continuing Operations delivered a revenue of €964 million, with an organic growth of 8%. EBIT was 251 million euros, giving us an operating margin of 26%. Octave generated 327 million euros in revenues. Organic growth was 1%, and EBIT won of 83 million euros, delivering an operating margin of 25%. At the former group level, including Octave, revenues were 1.29 billion euros, organic growth of six percent and an operating margin of 26 percent during the quarter we also completed the sale of our design and engineering business on the 23rd of februa...