Hexagon jumps as Q2 earnings, organic growth top forecasts

Hexagon AB

25/07/2025 10:20

** Shares in Hexagon HEXAb.ST rise 4.7%

** The Swedish industrial technology group's Q2 operating profit fell less than expected, aided by improved organic sales growth

** Q2 adjusted EBIT came in at 360.6 million euros ($423.6 million), above the 358.1 million euros seen by analysts, with an organic sales growth of 3%

** J.P.Morgan says that the sequential organic growth improvement is particularly supportive

** "Sequential improvement in growth and tone of messaging from new CEO Anders Svensson may support sentiment in the shares," it says

** The stock hit its highest level since April and is among top performers on STOXX 600 index .STOXX

 (Reporting by Jagoda Darlak)

 ((Jagoda.Darlak@thomsonreuters.com; +48 58 769 65 40;))