Hexagon AB (publ) (HEXAB) Earnings Call Transcripts

Hexagon AB (publ)'s Latest Earnings Call - April 13, 2026

Hexagon AB announced the acquisition of Waygate Technologies for USD 1.45 billion, expected to close in the second half of 2026. Waygate, with an annual revenue of approximately USD 630 million, enhances Hexagon's capabilities in nondestructive testing (NDT) and diversifies its revenue into the maintenance, repair, and operations (MRO) markets. Management highlighted strong growth potential from synergies between existing metrology solutions and Waygate's offerings, particularly in aerospace and defense sectors.

Reported metrics

Guidance from management

Management expects to close the acquisition in the second half of 2026 and anticipates strong growth from the combined offerings, particularly in the aerospace sector. They did not provide specific revenue guidance for the upcoming quarters.

What management said

I think that gives a good overview. I would say that the U.K., ultrasonic as a market is growing quite nicely. And that is also taking some of the market growth from traditional films and imaging. But it's more about the starting position there that we are the reason why we put it into stability. And maybe just one comment on imaging is that this is a market which is slowly but surely transitioning from analog with...

No, we did not go out with those numbers. So we basically go out with the RBI being at around the 30 mark for EBITDA, and then you can easily calculate the radiography margin from that. And then the other two, we have at the package.

What analysts pressed on

Analysts expressed concerns regarding the growth patterns of Imaging Solutions and Ultrasonic Testing, questioning their strategic fit and profitability. There was also inquiry into the timing of the acquisition and the extent of customer overlap with existing Hexagon offerings.

Main topics on the call

• Acquisition of Waygate Technologies — Hexagon is acquiring Waygate Technologies for USD 1.45 billion, which is expected to close in the second half of 2026. This acquisition is seen as a strategic move to complete the measurement chain and enhance offerings ...
• Revenue Diversification into MRO Markets — The acquisition will diversify Hexagon's revenue into more recurring, utilization-driven MRO markets, which are less tied to capital expenditure cycles. Management noted that 'this is a natural next step for Hexagon' to ...
• Growth Potential and Synergies — Management indicated that synergies from the acquisition could lead to 'quite rapid growth going forward,' particularly by combining existing metrology solutions with Waygate's capabilities. They expect Remote Visual Ins...
• Profitability Improvement Opportunities — Waygate's current EBIT margin is at 10%, which is below Hexagon's levels. Management sees opportunities to improve profitability, particularly in the Radiography segment, by leveraging their existing expertise and custom...

Read the full Hexagon AB (publ) transcript (April 13, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 33 Hexagon AB (publ) earnings call transcripts on record, spanning February 5, 2020 to July 29, 2026. Based on this history, Hexagon AB (publ) reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HEXAB

Exchange

OM

Country

SE

Sector

Information Technology

Industry

Electronic Equipment, Instruments and Components

Calls on record

33

First call

February 5, 2020

Most recent

July 29, 2026

Reporting cadence

quarterly