Hexagon OnCall Dispatch Software Platform Continues to Grow

In the Hexagon Interim Report 1 January - 30 September 2024, Hexagon Safety, Infrastructure and Geospatial operating net sales amounted to 119.6 MEUR (120.0). Using fixed exchange rates and a comparable group structure (organic growth), net sales increased by 2 per cent. Growth was strong across most solutions, but negativelyimpacted by large declines in the US federal services business.

By geography, growth was strongest in Asia, but weaker in EMEA and in the Americas.

By solution area the public safety platform, which includes the OnCall dispatch software platform, continued to demonstrate strong growth and bookings momentum. The networks and utilities business also delivered solid growth in the quarter.

EARNINGS

EBIT1 declined compared to prior year, corresponding to an adjusted operating margin of 20.6% (22.2). The margin decline reflected the product mix and currency headwinds.

ACQUISITIONS AND NOTABLE PRODUCT LAUNCHES
On 31 August 2024 SIG acquired Schleupen, a reseller of Hexagon’s geospatial and network asset management software solutions.