Hexagon's interim report for the period 1 January to 30th June 2012 sets a new record for Hexagon in terms of profit.
Ola Rollen, president and CEO , Hexagon AB commented, "The second quarter of 2012 marks a new record for Hexagon in terms of profit. The recorded EBIT was 127.5 MEUR which, in these Olympic times, is a new team best, but also a record that we hope won't last too long. All regions and divisions display organic growth in the quarter. While the Metrology business and the PP&M division of Intergraph continue to be the primary engines for growth, Geosystems and the Intergraph SG&I division are recovering. From a regional perspective, we see acceleration of growth in Asia and South America but a more normalised growth in North America compared to previous quarters. Europe is still very much of a two-speed region, with growth contributions primarily from the Northern and Eastern regions.
While we recognise the increased uncertainty ahead of us, particularly in the engineering segments and regionally across parts of Europe, we expect our diversified business model to drive continued growth in the latter part of 2012."
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