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Swedish Technology Group Hexagon Returns To Profit In Third Quarter
STOCKHOLM, Oct 23 (Bernama-dpa) — Swedish industrial technology company Hexagon returned to profit in the third quarter, helped by higher sales, lower expenses and gains from equity investments, reported German news agency dpa quoting the company on Friday. Net profit reached €446 million (US$499 million) in the three months to September 30, compared with a loss of €33.9 million a year earlier. Profit from continuing operations amounted to €447.2 million, compared with a loss of €40.9 million in the same period last year. Earnings per share from continuing operations rose to 16.5 cents from a loss of 1.6 cents. Adjusted […]