Sweden's Hexagon says weak N.America, China growth hit Q1 earnings
11/04/2025 07:47
April 11 (Reuters) - Swedish industrial technology group Hexagon HEXAb.ST said on Friday its operating profit fell in the first quarter, hit by weaker than expected growth in its key NAFTA (North American Free Trade Agreement) and China markets in late March. The maker of measurement and positioning systems said it expected quarterly adjusted earnings before interest and taxes (EBIT) to fall to 345 million euros ($388.5 million) from 376.5 million last year. ($1 = 0.8881 euros) (Reporting by Marta Frackowiak in Gdansk, editing by Milla Nissi) ((marta.frackowiak@thomsonreuters.com))