BUZZ-Hexagon shares jump after Q4 beat in tough environment

Shares in Hexagon HEXAb.ST rise 7% after the Swedish industrial group posted better-than expected Q4 results, weathering macroeconomic challenges

It books an adjusted EBIT for Q4 at 450.3 million euros ($468.0 million), against 428 million euros expected by analysts on average

It touts a return to positive organic growth, while citing "difficult macroeconomic conditions"

"We would expect some slight upward pressure (~LSD%) to consensus estimates at this stage", J.P.Morgan analysts say

The broker expects a positive read-across to other product lifecycle management software companies like Dassault DAST.PA, Siemens Digital, PTC PTC.O and Autodesk ADSK.O

Hexagon shares jump to highest level since April