NACKA STRAND, Sweden, August 12, 2002 (PRIMEZONE) -- Hexagon AB:
Second quarter 2002
-- The Group's order intake and net sales increased by 13 and 10%, respectively -- Operating earnings, EBITA, increased by 49 % to 143 MSEK (96), which corresponds to a margin of 8,0% (5,9) -- The Group's pre-tax earnings increased by 30 per cent to 92 MSEK (71) -- Rights issue of 425 MSEK was fully subscribed, and two strategic acquisitions have been concluded.
The first six months 2002 .The Group's order intake and net sales increased by 23 % and 26 %, respectively
-- Operating earnings, EBITA, increased by 69 % to 253 MSEK (150) -- Earnings after financial items, adjusted for capital gains and non- recurring items, increased by 37 % to 147 MSEK (107) 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
Subscription to Hexagons' financial information is available as e-mail at www.hexagon.se.
Hexagon AB (publ), registration number 556190-4771
Box 1112 Tel +46 (0) 8 - 601 26 20
S - 131 26 Nacka Strand, Sweden Fax +46 (0) 8 - 601 26 21
www.hexagon.se
E-mail postmaster@hexagon.se
Hexagon is a multinational engineering group with the long-term ambition of positioning itself as number one or number two within its strategic sectors. The operation is divided into three business areas. The group's targets are to increase earnings per share after tax by at least 15 per cent p.a., and achieve a return on capital employed of more than 15 per cent over a business cycle.
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