Hexatronic Group: Q4 first comment. We are starting to see a pattern; continued strong performance
Research Note
2016-10-20
11:51
Hexatronic’s report for the fourth quarter of the split financial year 2015/16 handsomely beat our expectations on all grounds. The company reported net sales growth of 40%, of which roughly 30% was organic, and a margin increase, primarily driven by a favorable sales mix. The strong momentum seems to continue, and by the end of Q4, the order backlog was 39% higher than the same period last year.
KL
Kristoffer Lindström
Disclosures and disclaimers