Hexagon posted Q1 adjusted operating profit of €251.3 million, missing analysts’ €331.4 million estimate.
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.
Cost‑cutting programme saves €51 million run‑rate; Octave spin‑off slated with record date May 22, shares up ~3%.