Management Reports • Sep 15, 2008
Management Reports
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Press release, Stockholm, Sweden, 15 September 2008
In response to the sharp fall in Hexagon's share price on Friday, Hexagon clarifies that its outlook for the year is unchanged.
Hexagon has seen a slowdown in September in construction related industries in Germany and France. It is too early to determine how Hexagon will be affected by the construction market's development.
"We are not immune to the market's development. However, by gaining market share and launching new products we can influence our development relative to the development we see on construction related markets in Western Europe", says Ola Rollén, CEO and President of Hexagon AB.
Hexagon's outlook for 2008 to increase earnings per share by 15 per cent remains unchanged.
For further information please contact: Sara Kraft, IR Manager, Hexagon AB, +46 8 601 26 27, [email protected]
Hexagon AB is a global measurement technologies company with strong market positions. Hexagon's mission is to develop and market leading technologies and services to measure in one, two or three dimensions, to position and update objects and to time processes. The group has about 8 000 employees in 35 countries and net sales of about 13 000 MSEK. Read more at www.hexagon.se.
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