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Sofierogatan 3A
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Hexatronic Presents Year-end report, 2023
Annual General Meeting 2024
Hexatronic Group AB’s (publ) (Hexatronic) Annual General Meeting (AGM) will be held on Tuesday, May 7, 2024, at 3:00 pm CEST at Elite Park Avenue Hotel, Kungsportsavenyn 36-38, in Gothenburg, Sweden.
Shareholders who would like to have matters taken up at the AGM are welcome to contact Hexatronic. Proposals must be received by Hexatronic not later than March 19, 2024.
Hexatronic Group AB (publ)
Attn: Chairman of the Board
Sofierogatan 3 A
SE-412 51 Gothenburg
Sweden
agm@hexatronic.com
We welcome questions to Hexatronic via agm@hexatronic.com
CEO comments on the Year-end report, 2023
Annual & Sustainability Report 2022
Strategic investments, acquisitions, customer orientation, and an excellent corporate culture are behind our strong performance. The roll-out of fiber networks in our key markets continues to progress. With Hexatronic’s efficient system solutions, we can strengthen our position and grow faster than the market.
In 2022, we reached a new pace of growth. We had very high profitability and extremely strong growth at 88% of which 53% organically. Our geographic sales mix has positively impacted profitability, and we benefit from the scale effects of high-capacity utilization. In several markets, demand has exceeded supply, keeping prices up.
In 2022, we signed acquisition agreements with four new companies. IDS (UK), homeway (Germany), Rochester Cable (USA, closing 2023), and KNET (South Korea). These acquisitions give us a local presence and a pathway into key markets, but they also complement our offering and strengthen our capabilities.
Hexatronic Group
Hexatronic Group consists of 37 operational entities with a total of +1900 employees. The Group’s headquarters are in Gothenburg, Sweden.
Why and how
Hexatronic enables non-stop connectivity for communities worldwide. We partner with customers across four continents – from telecom operators to network owners – offering leading-edge fiber technology and solutions for any and all conditions.
Together, the companies in Hexatronic Group develop products and world-class solutions that create development opportunities for people across the world.
A few words from Henrik Larsson Lyon, CEO
We grow organically and through aquisitions.
Our organic growth takes place by continuously developing our market presence with strong local organizations, and continuously developing our offering and adding value services such as servicing, aftermarket sales, support and training.
Our acquisitions strengthen and complement the Group through solid local market presence, knowledgeable and experienced employees, and good market familiarity.