Financial Definitions

See our list of financial definitions below to gain a better understanding of Hexagon’s financial reports and statements.


Capital employed - Total assets less non-interest bearing liabilities

Capital turnover rate - Net sales divided by average capital employed

Cash flow - Cash flow from operations, after change in working capital, excluding non-recurring items

Cash flow per share - Cash flow from operations, after change in working capital, excluding non-recurring items divided by average number of shares

Earnings per share - Net earnings excluding non-controlling interest divided by average number of shares

Equity ratio - Shareholders' equity including non-controlling interests as a percentage of total assets

Interest cover ratio - Earnings after financial items plus financial expenses divided by financial expenses

Investments - Purchases less sales of tangible and intangible fixed assets, excluding those included in acquisitions and divestitures of subsidiaries

Net indebtedness - Interest-bearing liabilities less interest-bearing current receivables and liquid assets divided by shareholders' equity excluding non-controlling interests

Non-recurring items - Income and expenses that are not expected to appear on a regular basis

Operating earnings (EBIT1) - Operating earnings excluding capital gains on shares in group companies and other non-recurring items

Operating margin - Operating earnings (EBIT1) as a percentage of operating net sales

Operating net sales - Net sales adjusted by the difference between fair value and book-value of deferred revenue regarding acquired businesses

Profit margin before tax - Earnings after financial items as a percentage of net sales

Return on capital employed (12 month average) - Twelve months to end of period earnings after financial items, excluding non-recurring items, plus financial expenses as a percentage of twelve months to end of period average capital employed

Return on equity (12 month average) - Twelve months to end of period net earnings excluding non-controlling interests as a percentage of twelve months to end of period average shareholders' equity excluding non-controlling interests last twelve months.
 
Shareholders' equity per share - Shareholders' equity excluding non-controlling interests divided by the number of shares at year-end

Share price - Last settled transaction on NASDAQ OMX Nordic Exchange on the last business day for the period

BUSINESS DEFINITIONS

Americas - North, South and Central America

Asia - Asia, Australia and New Zealand

EMEA - Europe, Middle East and Africa

MT - Hexagon's core business, Measurement Technologies

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