Q4 2021 Hexagon AB Earnings Call Transcript
Hello, and welcome to the Hexagon Year-End Report 2021. (Operator Instructions) Today, I am pleased to present Ola Rollén. Please go ahead with your meeting.
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Thank you. Welcome, everyone, to this Q4 report for 2021. And I suggest that we move straight to Slide #4. We had a record quarter. Sales increased by 17%. The organic growth was 7%. And we could have shipped another 6% organic growth had we not faced component supply shortages in the quarter.
Our largest divisions, Geosystems and Manufacturing Intelligence, managed to grow by 7% and 9%, with solid margin expansion. PPM continued to recover, recording an 8% organic growth in the quarter. And this was also our first quarter with EAM solutions and EAM delivered a 42% SaaS revenue growth.
Our EBIT came in at EUR 373 million, and that's an increase by 24%. If we now move to Slide 5. That is just a reminder that Q2 and Q4 are strong quarters seasonality wise, and Q1 and Q3
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