New company report on Hexagon from Paul ![]()
Hexagon’s Q3 results were weakened by “cyclical” challenges, and no significant recovery is expected in Q4. Growth is expected for 2025-26, supported by comparison figures and falling interest rates.
Recurring SaaS revenue grew steadily throughout the year, and as a result, the company is considering a partial carve-out of the SaaS businesses into its own entity. Although Q3 sales and operating profit fell short of expectations, cyclical recovery and new products could support Hexagon’s growth in the coming years. The potential separation of the aforementioned division could also enhance strategic development in the long term.