Hexagon posted Q1 adjusted operating profit of €251.3 million, below analysts’ average estimate of €331.4 million.
Organic revenue grew 8% year‑on‑year, driven by 13% growth in Autonomous Solutions and 9% in Manufacturing Intelligence.
Underlying gross margin fell 60 basis points to 62.0% amid higher costs, currency effects and tariffs.
CEO Anders Svensson said cost‑cutting saves €51 million per year and Octave spin‑off targets May 22 record date.