Hexagon CEO Announces Cost Savings Amid Q2 Profit Decline

Measurement technology company Hexagon's CEO Anders Svensson is indicating cost savings in the interim report for the second quarter.

» Published: July 25 2025

Hexagon CEO Announces Cost Savings Amid Q2 Profit Decline
Photo: Janerik Henriksson/TT

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The announcement comes at the same time as Hexagon reports a profit before tax of 325 million kronor for the year's second quarter. It can be compared to the profit of 357.4 million during the corresponding quarter a year earlier.

The net sales from the business increased to 1,371 million kronor, up from 1,353 million.

"The market uncertainty makes it difficult to predict how the second half of the year will develop. It is therefore clear to me that we need to act to accelerate the organic growth and optimize our existing cost base", says CEO Anders Svensson in a comment in the report.

Details on which cost savings will become relevant are promised at the latest in connection with the report for the year's third quarter at the end of October.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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