Hexagon AB Class B

HEXA B: XSTO (SWE)
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Hexagon Earnings: Margins Maintained in Challenging Markets; Shares Fairly Valued

Hexagon missed company compiled-consensus estimates slightly for sales and EBIT in the third quarter as market conditions remain challenging. However, the shares were up around 7% intraday. We think the market is responding positively to the company's ability to maintain margins in this environment.

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