Hexagon shares raise after Q4 earnings beat, helped by cost‑saving program

Hexagon AB

30/01/2026 08:28

** Shares in Hexagon HEXAb.ST rise 4% after the Swedish industrial technology group reported a smaller-than-expected drop in fourth-quarter operating earnings

** The group's adjusted operating earnings fell to 420.3 million euros ($501.0 million) in Q4, beating the average estimate of 404.4 million euros from 10 analysts polled by LSEG

** "Despite profitability being impacted by FX, it also benefited from the new cost-saving programme, with operating margins landing ahead of expectations," J.P.Morgan says

** JPM notes that divisionally the beat was driven by Autonomous Solutions (AS) performance

** The stock is among the best performers on STOXX 600 .STOXX index

 (Reporting by Izabela Niemiec)

 ((izabela.niemiec@thomsonreuters.com))