Hexagon to Take EUR 63 Million Charge on Freezing Its Russia Operations

Freitag, 01.04.2022 08:10 von PLX

• (PLX AI) – Hexagon announces financial adjustments related to business operations in Russia and the acquisition of ETQ.
• • Hexagon will take a one-off charge of approximately EUR 63 million in Q1
• • The majority relates to the freezing of operations in Russia, which includes both a write-off of assets in the balance sheet and personnel costs
• • About 2 per cent of Hexagon’s annual turnover can be attributed to business in Russia, with approximately 200 people employed in the country