|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||11.82 - 11.82|
|52-week range||10.13 - 17.92|
|Beta (5Y monthly)||1.23|
|PE ratio (TTM)||38.12|
|Forward dividend & yield||0.12 (0.98%)|
|Ex-dividend date||02 May 2022|
|1y target est||N/A|
Measurement technology group Hexagon AB said on Friday it was freezing its operations in Russia in the wake of Moscow's invasion of Ukraine and would book a one-off charge of 63 million euros ($70 million). "As previously communicated, Hexagon has already suspended all exports of hardware and software licenses to Russia and is now taking further steps to adapt to the current business situation," Hexagon said. Hexagon said it generated about 2 percent of annual turnover in Russia and employed around 200 people in the country.
Hexagon AB said on Thursday that overall demand was strong while supply of some components was strained, after the industrial technology group reported quarterly earnings in line with market expectations. The Swedish maker of measurement and positioning systems and software said it had seen continued strong demand in surveying, mining, infrastructure and construction. Hexagon reported a like-for-like sales rise of 10% with China, mainly driven by continued strong demand in manufacturing and in Europe, the Middle East and Africa, the company's biggest region by net sales, both recording growth of 10%.