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UPDATE 1-Hexagon posts strong Q4 as growth picks up more than forecast [Reuters]

Autodesk, Inc. (ADSK) 
Last autodesk, inc. earnings: 2/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.autodesk.com/investor-overview
Company Research Source: Reuters
UPDATE 1-Hexagon posts strong Q4 as growth picks up more than forecast | Reuters Reuters Staff 3 Min Read (Adds comment, background, detail, shares) STOCKHOLM, Feb 7 (Reuters) - Swedish industrial technology firm Hexagon on Wednesday reported fourth-quarter core earnings ahead of analyst forecasts and said like-for-like sales growth had picked up sharply from the previous quarter. Hexagon said growth had been strong in most of its businesses, and that its high-margin power, process and marine division (PPM), which has been hit by a slow oil and gas market, had returned to growth in the quarter. Like-for-like sales growth was 10 percent in the quarter, a marked acceleration from the 6 percent growth seen in the third quarter, and far ahead of the mean forecast for a 5 percent rise. Growth was powered by a 23 percent like-for-like sales rise in its China business, but its Americas business also showed double-digit growth. “This is our best quarter ever,” Chief Executive Ola Rollen said Show less Read more
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