0RDH.L - Hexatronic Group AB (publ)

LSE - LSE Delayed price. Currency in SEK
46.20
-19.60 (-29.79%)
At close: 2:59PM BST
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Previous close65.80
Open46.20
Bid0.00 x N/A
Ask0.00 x N/A
Day's range46.20 - 46.20
52-week range46.20 - 46.20
Volume401
Avg. volumeN/A
Market capN/A
Beta (5Y monthly)0.96
PE ratio (TTM)24.33
EPS (TTM)1.90
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Two reasons to look twice at Hexatronic Ab (STO:HTRO)
    Stockopedia

    Two reasons to look twice at Hexatronic Ab (STO:HTRO)

    The Hexatronic Ab (STO:HTRO) share price is currently trading at 52.8. But given the volatile market conditions and uncertain economic outlook, the question no...

  • Globe Newswire

    Hexatronic to acquire UK-based fiber optic company Tech Optics Ltd.

    Hexatronic Group AB (publ) 556168-6360Press Release June 1, 2020Hexatronic to acquire UK-based fiber optic company Tech Optics Ltd.Hexatronic Group AB (publ) (”Hexatronic”) has on June 1 entered into an agreement to acquire all shares in the UK-based fiber optic company Tech Optics Limited (“Tech Optics”).Tech Optics is a fiber optic products supplier and cable assembly manufacturer, established since 1988. The company specialises in applications within harsh environments, for example defence, aerospace, oil and gas industry. Tech Optics is an approved supplier to the UK defence industry and provides many leading companies worldwide with an extensive range of fiber optic communications products, customised fiber optic cable assemblies and fiber optic expertise.The acquisition has no significant impact on Hexatronic’s earnings.“Tech Optics has been a partner to us for many years and we are very pleased to welcome the team to Hexatronic group. This strategic acquisition brings us Tech Optics’ know-how and position within fiber optic solutions for harsh environments. Together with our Fiber-To-The-Home (FTTH) company Hexatronic UK and our training companies PQMS, Smart Awards and Gordon Franks Training we become a strong player in the UK-market for fiber optic solutions” says Henrik Larsson Lyon, CEO Hexatronic Group AB.The law firm DMH Stallard has been Hexatronic’s legal advisors in the Tech Optics acquisition.Gothenburg, June 1, 2020Henrik Larsson LyonCEO Hexatronic GroupFor more information, please contact:Henrik Larsson Lyon, CEO Hexatronic Group, +46 706 50 34 00Hexatronic Group AB (publ) is a group that develops, manufactures, markets and delivers products, components and system solutions with the main focus on the fiber optic market. Hexatronic offers a wide range of innovative system and product solutions mainly for passive fiber optic infrastructure with global trademarks like Ribbonet®, Micronet™, Drytech™, Lightmate®, FibreHub™, Matrix, Viper, Stringray, Raptor, InOne and Wistom®. The Group has its headquarters in Gothenburg, Sweden and has sales offices and/or subsidiaries in Sweden, Norway, Finland, United Kingdom, Germany, China, New Zealand and the US. The Group is listed on Nasdaq Stockholm under the ticker HTRO. For more information, visit www.hexatronicgroup.com. Attachment * 2020-06-01 Hexatronic acquires Tech Optics

  • Is Hexatronic Group AB (publ)’s (STO:HTRO) Return On Capital Employed Any Good?
    Simply Wall St.

    Is Hexatronic Group AB (publ)’s (STO:HTRO) Return On Capital Employed Any Good?

    Today we'll evaluate Hexatronic Group AB (publ) (STO:HTRO) to determine whether it could have potential as an...

  • Globe Newswire

    Hexatronic signs a strategic supply agreement with KCOM worth up to 3 MGBP

    Hexatronic Group AB (publ) 556168-6360Press Release May 12, 2020Hexatronic signs a strategic supply agreement with KCOM worth up to 3 MGBPHexatronic UK Ltd., a wholly owned subsidiary of Hexatronic Group AB, has signed a strategic supply agreement with communications provider KCOM Group Ltd., to supply passive fibre optic solutions including fibre optic cables, micro duct and connectivity products, all parts of Hexatronic’s Matrix system. The equipment will be used by KCOM as the company expands its full fibre broadband network in the United Kingdom.The agreement will run for three years and Hexatronic UK will be the main supplier for the passive fibre optic solutions. The approximate value for Hexatronic is 3 MGBP.“As one of the UK’s oldest and most innovative telecom companies we are focused on expansion of our FTTP network as our priority.  KCOM had the first digital network in the EU, the first interactive TV service in the UK and now we are the first with full fibre to the premise coverage” says Dale Raneberg, KCOM Chief Executive.“A different architecture approach is essential to enable us to expand our FTTP network into areas where we have no existing footprint. The Hexatronic team has demonstrated excellent product knowledge and insight to provide connectivity solutions which will help us achieve our goal of connecting more people to our award-winning full fibre network.We are confident that Hexatronic’ s partnership approach, can-do attitude and after-sales service have set us up for success in this and future projects” says Tim Shaw, Chief Technology Officer at KCOM.  “We are proud to have become the main supplier to KCOM in the expansion of its full fibre broadband network. We have been working closely with KCOM for a long period of time inventing and re-designing our solutions to improve their future fibre infrastructure. KCOM is an established quality provider of communication services that not only completed the rollout of full fibre to around 200,000 properties last year but was also recognised as a leader in broadband provision by both the communication industry and the European Commission. This partnership with KCOM is an important milestone for Hexatronic and serves to significantly strengthen our position within the rapidly expanding UK market” says Henrik Larsson Lyon, Hexatronic´s Chief Executive Officer.Gothenburg, May 12, 2020Henrik Larsson LyonCEO Hexatronic GroupFor more information, please contact:Henrik Larsson Lyon, CEO Hexatronic Group, +46 706 50 34 00This is information that Hexatronic Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 16.30 CET on May 12, 2020.KCOM is one of the longest-established providers of communications services in the UK, connecting both businesses and residential customers and investing in better digital solutions for everyone. Its full fibre network has made Hull the UK’s fastest broadband city with average download speeds of 131Mbps. KCOM is owned by MEIF 6 Fibre Limited, a wholly-owned subsidiary of Macquarie European Infrastructure Fund 6 SCSp (an investment fund managed by Macquarie Infrastructure and Real Assets (Europe) Limited) (MIRA). MIRA is the world’s largest infrastructure manager, partnering with clients, governments and communities to finance, manage and develop roads, airports, ports, utilities, energy and telecommunications infrastructure. Hexatronic Group AB (publ) is a group that develops, manufactures, markets and delivers products, components and system solutions with the main focus on the fiber optic market. Hexatronic offers a wide range of innovative system and product solutions mainly for passive fiber optic infrastructure with global trademarks like Ribbonet®, Micronet™, Drytech™, Lightmate®, FibreHub™, Matrix, Viper, Stringray, Raptor, InOne and Wistom®. The Group has its headquarters in Gothenburg, Sweden and has sales offices and/or subsidiaries in Sweden, Norway, Finland, United Kingdom, Germany, China, New Zealand and the US. The Group is listed on Nasdaq Stockholm under the ticker HTRO. For more information, visit www.hexatronicgroup.com. Attachment * 2020-05-12 Hexatronic signs a strategic supply agreement with KCOM worth up to 3 MGBP

  • Globe Newswire

    Press Release from the AGM of 7 May 2020

    Hexatronic Group AB (publ) 556168-6360Press Release May 7, 2020Press Release from the AGM of 7 May 2020Below is a summary of the decisions made at the Annual General Meeting of shareholders in Hexatronic for the financial year 1 January – 31 December 2019. * To adopt the income statements and balance sheets for the Parent Company and the Group. * To carry forward the unappropriated earnings to the next year. * To discharge the Board Members and the CEO from liability for the 2019 financial year. * In accordance with the Nomination Committee’s proposal, it was resolved that fees to the Board remain unchanged with a fee of SEK 450,000 to the Chairman of the Board and SEK 200,000 to other Board Members, and to pay remuneration of SEK 75,000 to the Chairman of the Audit Committee and SEK 50,000 to the committee’s other member. Auditor fees shall be paid in accordance with approved statement of costs. * In accordance with the Nomination Committee’s proposal, to elect the following Board Members: * Anders Persson (re-election) – Chairman of the Board * Erik Selin (re-election) * Malin Frenning (re-election) * Jaakko Kivinen (re-election) * Helena Holmgren (new election) * Frida Westerberg (new election) * In accordance with the Nomination Committee’s proposal, to re-elect PwC as the audit company with Johan Palmgren as the auditor in charge. * To, in accordance with the Nomination Committee’s proposal, adopt principles for appointment of the members of the Nomination Committee. * To, in accordance with the Board of Directors’ proposal, adopt guidelines for remuneration to the members of the executive management and Board of Directors * To adopt adjusted Articles of Association, whereby, among other things, the limits for the share capital and number of shares was increased   * To establish a long-term incentive programme (Warrant Programme 2020) to offer to senior executives and certain key personnel within the Group who are resident in Sweden and outside of Sweden, through a directed issue of a maximum of 350,000 warrants entitling the holders to subscribe to a maximum of 350,000 shares. * To authorise the Board to resolve on acquisition and transfer, respectively, of a maximum of one-tenth of the Company’s own shares in accordance with the Board’s proposal. * To authorise the Board, on one or more occasions and with or without deviation from the shareholders’ preferential rights, to resolve on new issue of shares, warrants and/or convertibles amounting to up to 10 per cent of the registered share capital in the Company, in accordance with the Board’s proposal.At the AGM, approximately 37 percent of Hexatronic’s shares and votes were represented.The minutes taken at the AGM will be published on the Hexatronic Group website within two weeks.Gothenburg, May 7, 2020Henrik Larsson LyonCEO Hexatronic GroupFor more information, please contact:Henrik Larsson Lyon, CEO Hexatronic Group, +46 706 50 34 00The information was sent for publication, through the agency of the contact person set out above, at 21.00 CET on May 7, 2020.Hexatronic Group AB (publ) is a group that develops, markets and delivers products, components and system solutions with the main focus on the fiber optic market. Hexatronic offers a wide range of innovative system and product solutions mainly for passive fiber optic infrastructure with global trademarks like Ribbonet®, Micronet™, Drytech™, Lightmate®, FibreHub™, Matrix, Viper, Stringray, Raptor, InOne and Wistom®. The Group has its headquarters in Gothenburg, Sweden and has sales offices and/or subsidiaries in Sweden, Norway, Finland, United Kingdom, Germany, China, New Zealand and the US. The Group is listed on Nasdaq Stockholm under the ticker HTRO. For more information, visit www.hexatronicgroup.com.  Attachment * Hexatronic Group Press Release from the AGM of 7 May 2020

  • Globe Newswire

    Hexatronic Group AB (publ) Interim Report January – March 2020

    Events during the quarter * Emtelle UK Ltd. and Hexatronic entered into a global settlement agreement, ending their patent litigation in the UK.   * Emtelle licensed Hexatronic under its patents on air blown fiber bundles. Hexatronic can continue to make and sell its air blown fiber products in all markets worldwide. Events since the end of the period * Based on the very uncertain situation in the world, the Board decided to withdraw the previously announced dividend proposal.   * During the first quarter, Hexatronic had a minor negative impact as a result of Covid-19 and expects continued slightly lower activity in the second quarter.   * Hexatronic won submarine cable orders totalling MSEK 40. COMMENTS FROM THE CEO Continued strong international growthGrowth on our strategic growth markets remained strong during the first quarter. In North America we grew organically by 17 percent, which means that three years after establishing an operation there, sales are almost on a par with sales in Sweden. Growth on our other strategic growth markets, the UK and Germany, amounted to 16 percent.Following a weak start, sales on the Swedish market recovered well in the latter part of the quarter. Our prediction remains that Sweden will be on a par with last year, providing the impact of Covid-19 does not increase from its present status. Altogether, organic sales growth during the quarter totalled 4 percent, and growth in EBITA 5 percent. We judge that sales have dropped by approximately 5 percent as a result of Covid-19, primarily related to delivery problems from subcontractors in China.The order book has developed strongly, and we entered the second quarter with an order book that is 35 percent higher organically than at the same point last year. In submarine cables, we have recently won several contracts worth MSEK 40 in total. Pleasingly, several of these projects are for new customers. On the German market, where we are still a small player, we have won several minor FTTH contracts, and have signed a five-year, MSEK 40 general agreement with a large regional operator.In the latter part of the quarter, a slight negative effect from Covid-19 was apparent on several markets. Although our operation is categorised as critical on several markets, uncertainty remains high and there is a risk of greater adverse impact. Customers are reacting in different ways, from postponing new projects to continuing as before. With the information we have at present, we are planning for slightly lower activity during the second quarter. Another effect of Covid-19 is that our new duct factory in Texas has been delayed by just over a month and is now expected to be up and running in early May.Under the uncertain circumstances, we have prioritised a strong balance sheet. This means for instance that the Board has withdrawn its dividend proposal for the year, and we have also decided to postpone certain investments to a later date. Our financial position is strong and has grown stronger during the quarter. We have higher margins both in terms of available funds and the covenants we have in place with our bank.   Looking beyond Covid-19 our anticipated outlook remains very positive, with strong developments on our strategic growth markets. There is a huge need to expand the fiber optic communication systems. The importance of fast, reliable internet connections is coming to the fore in these times of working from home, video meetings and online schooling. In the longer term, we believe that experiences from Covid-19 will have a positive impact on investment in communication networks.Thank you for joining us on this journey.Henrik Larsson Lyon President and CEO Hexatronic Group AB (publ) PublicationThis information comprises disclosures that Hexatronic Group AB (publ) must publish according to the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication, under responsibility of the contact persons named below, on 29 April 2020 at 08:00 CET.Please direct any questions to: • Henrik Larsson Lyon, President and CEO, + 46 (0)70-650 34 00 • Lennart Sparud, CFO, + 46 (0)70-558 66 04 This is HexatronicHexatronic Group AB (publ) is a group that develops, markets and delivers products, components and system solutions with the main focus on the fiber optic market. Hexatronic offers a wide range of innovative system and product solutions mainly for passive fiber optic infrastructure with global trademarks like Ribbonet®, Micronet™, Drytech™, Lightmate®, FibreHub™, Matrix, Viper, Stringray, Raptor, InOne and Wistom®. The Group has its headquarters in Gothenburg, Sweden and has sales offices and/or subsidiaries in Sweden, Norway, Finland, United Kingdom, Germany, China, New Zealand and the US. The Group is listed on Nasdaq Stockholm under the ticker HTRO. For more information, visit www.hexatronicgroup.com. Hexatronic Group AB (publ) Org nr 556168-6360Attachment * Hexatronic Group - Interim report Q1 202

  • When Should You Buy Hexatronic Group AB (publ) (STO:HTRO)?
    Simply Wall St.

    When Should You Buy Hexatronic Group AB (publ) (STO:HTRO)?

    Hexatronic Group AB (publ) (STO:HTRO), which is in the electrical business, and is based in Sweden, led the OM gainers...

  • How Does Hexatronic Group's (STO:HTRO) P/E Compare To Its Industry, After The Share Price Drop?
    Simply Wall St.

    How Does Hexatronic Group's (STO:HTRO) P/E Compare To Its Industry, After The Share Price Drop?

    To the annoyance of some shareholders, Hexatronic Group (STO:HTRO) shares are down a considerable 35% in the last...

  • Hexatronic Group AB (publ) Just Reported, And Analysts Assigned A kr72.00 Price Target
    Simply Wall St.

    Hexatronic Group AB (publ) Just Reported, And Analysts Assigned A kr72.00 Price Target

    Hexatronic Group AB (publ) (STO:HTRO) shares fell 3.2% to kr54.20 in the week since its latest annual results. Results...

  • Announcing: Hexatronic Group (STO:HTRO) Stock Increased An Energizing 294% In The Last Five Years
    Simply Wall St.

    Announcing: Hexatronic Group (STO:HTRO) Stock Increased An Energizing 294% In The Last Five Years

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  • Read This Before Judging Hexatronic Group AB (publ)'s (STO:HTRO) ROE
    Simply Wall St.

    Read This Before Judging Hexatronic Group AB (publ)'s (STO:HTRO) ROE

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

  • Does Hexatronic Group (STO:HTRO) Have A Healthy Balance Sheet?
    Simply Wall St.

    Does Hexatronic Group (STO:HTRO) Have A Healthy Balance Sheet?

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

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