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Hexagon Q1’25: Abrupt slowdown in demand

Q1 organic growth was at 0%. The weakness came from hardware and perpetual software license sales that suffered from customers’ prolonged investment decisions amid tariff-related uncertainty. The long-term impacts of the tariffs are still unknown. Fixed costs increased more than in previous quarters, especially driven by R&D expenses. Analyst Pauli Lohi summarizes.

Read the latest research: Demand outlook better than suspected

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