HTRO

Hexatronic Group

Market Cap 1,607.8M

Hexatronic is present in the industry of communication solutions for fiber optic communications. The main market that the company operates in is the so called FTTH (Fiber-To-The-Home). The company is a supplier of products through the whole infrastructure of fiber optics. The main customers are the largest network suppliers, telecom companies and installers. The company operates mainly in the Northern European markets, but also delivers significant volumes to the rest of the world. Hexatronic is listed on Nasdaq Stockholm since 2016 before that it was listed on NGM, Aktietorget and Nasdaq First North. In 2014 Hexatronic bought Ericssons cable factory in Hudiksvall, Sweden, to broaden its offer of fiber cable products. The company competes in two sub-markets within the Fibre cable industry; Land solutions and Submarine solutions. Most companies in the optical fibre business is only present in one or two parts of the infrastructure and not throughout the whole as Hexatronic, this is the compan’s main advantage as they want to develop system deliveries instead of in single product deliveries. Hexatronic want to grow their business by gaining market share by delivering systems and by acquiring companies with an international presence.

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