Tässä on Paulin ennakkokommentit raportteineen, kun Hexagon julkaisee Q4-rapsansa perjantaina.
Hexagon will report its Q4 results on Friday, January 31. We expect growth to remain low, weighed down by weak industrial investment. However, we have raised our earnings estimates for 2025-26E due to recent acquisitions and positive FX changes. The recent rise in the company’s share price has weakened the risk/reward ratio, which is why we change our recommendation to Reduce (was Accumulate) with a target price of SEK 120 (was SEK 115). We believe that the next key drivers for the share are related to global economic activity and the impact of changes in US trade policy.