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BRIEF-Hexagon Q4 core profit, growth lags forecasts
February 6, 2017 / 7:12 AM / 10 months ago

BRIEF-Hexagon Q4 core profit, growth lags forecasts

Feb 6 (Reuters) - Hexagon

* Q4 . Net sales increased by 4 per cent to 849.5 MEUR (815.7). Using fixed exchange rates and a comparable group structure (organic growth), net sales increased by 2 per cent

* Q4 operating earnings (EBIT1) increased by 6 per cent to 208.7 meur (197.8)

* Hexagon says board of directors proposes a dividend of 0.48 eur (0.43) per share, an increase of 12 per cent

* Reuters poll: Hexagon Q4 organic sales growth was seen at 3.6 pct, adj EBIT 212 mln euros

* Says PPM continued to face challenges in the oil and gas market and we are taking actions to enable future growth and reduce costs. Source text for Eikon: Further company coverage: (Stockholm Newsroom)

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