Hexagon Interim Report Q1 2003


NACKA STRAND, Sweden, May 06, 2003 (PRIMEZONE) -- Hexagon:

January 1st -- March 31, 2003

First Quarter 2003


- Earnings before taxes increased by 23 per cent to 70 MSEK.
- Earnings after taxes increased by 36 per cent to 45 MSEK.
- Earnings per share increased by 18 per cent to 2.43 SEK.
- Order intake increased by 18 per cent to 1 907 MSEK.
- Cash flow per share increased from -2.56 SEK to 3.19 SEK.

                                  First Quarter
     (MSEK)                          2003    2002  Change
     Order intake                    1,907  1,621  18 %
     Net sales                       1,847  1,689  9 %
     EBITA                           115    110    5 %
      Margin %                       6.2    6.5    -0.3
     EBIT 1                          95     88     8 %
     Earnings before taxes           70     57     23 %
     Earnings per share (EPS), SEK   2.43   2.06   18 %
     EPS adjusted for goodwill, SEK  3.52   3.44   2 %
     Cash flow per share, SEK        3.19   -2.56  N/A

For further information, please call:
Ola Rollen, CEO, Hexagon AB
tel. no +46 (0) 8 - 601 26 20 

Hakan Halen, CFO, Hexagon AB
tel. no +46 (0) 8 - 601 26 20

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