Hexagon Positively Affected by U.S. Tax Reform

NACKA STRAND, Sweden, Jan 15, 2018 /PRNewswire/ --

Due to the legislation of the U.S. tax reform (Tax Cuts & Jobs Act), resulting in revaluations of deferred tax liabilities on the balance sheet, Hexagon expects a one-off positive tax income of approximately 72 MEUR during the fourth quarter of 2017. The one-off positive tax effect will not impact the cash flow.

Hexagon does not expect any significant changes in the group tax rate for 2018 based on current estimates.

For further information, please contact:

Maria Luthström
Investor Relations Manager
Hexagon AB
+46-8-601-26-27
ir@hexagon.com

Kristin Christensen
Chief Marketing Officer
Hexagon AB
+1-404-554-0972
media@hexagon.com

This information is information that Hexagon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 15 January 2018.

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SOURCE Hexagon