Hexagon Measurement Solutions grows globally

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Hexagon AB's Hexagon Measurement Technologies business saw order intake in the third quarter of 2006 grow by nine per cent and net sales by 16 per cent, reports the company in its Interim Report for January - September 2006.

Within that, in Europe, Middle East and Asia, demand continued to be strong in all customer segments during the third quarter, says the company. Organic growth in order intake was 9 per cent and in net sales 15 per cent. In the Americas there was a shift in demand during the third quarter. Competitiveness of the domestic automotive industry fell, residential housing construction start-ups in the region has levelled out, but demand for its products is positively affected by increased infrastructure investments and increased demand from non-automotive related industry such as mining and construction, aerospace related industry and electronics industry. Organic growth in order intake was 3 per cent and in net sales 4 per cent. In Asia Hexagon has continued its expansion during the third quarter. Organic growth in order intake was 18 per cent and in net sales 35 per cent. Sales in China showed a strong double digit growth, while those in the rest of Asia also grew at a double digit pace, but somewhat slower than the Chinese growth. Hexagon Measurement Technologies continued the expansion in Asia outside of China by acquiring a distributor in Thailand. Leica Geosystem’s production facility in China started operations during the fourth quarter 2006, while Hexagon Metrology’s other production facility will start operations during the first six months of 2007.