Hexagon AB (publ) (HEXA_B) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and thank you for standing by. Welcome to the Hexagon Fourth Quarter Earnings Report conference call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be the question and answer session. I would like also to advise you that today's call is being recorded. I would now like to hand the conference over to our first speaker today, Anders Svensson. Please go ahead. Thank you, Operator. Good morning, everyone, and welcome to Hexagon's fourth quarter 2025 conference call. First, I would like to direct you to the standard cautionary statement, and then we are turning to the next slide with the agenda. We will start with taking you through the Hexagon Group performance in the fourth quarter, and then dive into the Hexagon core business areas performance in the same quarter. I will then hand you over to Mattias Stenberg, who is the incoming CEO of our potential spin-off company, Octave. And he will take you through the performance of Octave in the quarter. Mattias will then hand over to Nova Tanke, our interim CFO, who will cover the financials for Hexagon Group in more details. And we will then, of course, have time to take any questions that you may have. So moving into the next slide. And we can jump directly into the highlights of the quarter. So in the fourth quarter of 2025, we returned to good financial performance. We delivered a 3% organic growth while still taking decisions that improved the long-term performance of both Hexagon and Octave. The operating margin of 29.4% was impacted by significant currency headwinds of 150 basis points. We also began implementation of the restructuring program that we launched during the third quarter to further improve the underlying profitability of the group. The sto...