Hexagon Manufacturing Intelligence Report 4% Revenue Growth

Hexagon’s Industrial Enterprise Solutions (IES) group which incorporates metrology solutions, CAD, CAM and CAE software solutions has reported net sales for the 1st quarter 2019 of 467.8 MEUR representing a 5% net sales increase. Regional organic growth was 5% in Americas, 7% in Asia, and 1% in EMEU. North America reported mid single digit growth while China was 3%.

The Manufacturing Intelligence division of IES reported a 4% organic growth.

Recent acquisitions are stated to “have reinforced Hexagon’s commitment to increased customer value through the convergence of production and metrology and greater process economy through machine-controlled operations.”

For more information: www.hexagon.com