Story
Hexatronic Q2 Sales Rise 11% on Strong US Fiber and Data Center Demand
Summary
Hexatronic Group AB reported an 11% increase in organic sales for the second quarter, driven by robust performance in its Fiber Solutions and Data Center segments, particularly in the United States.
Swedish fiber solutions provider Hexatronic Group AB announced second-quarter net sales of SEK 2.25 billion, an increase of 11% on an organic basis. The company reported that adjusted EBITA rose 33% during the period, buoyed by strong demand in the U.S. market.
Segment Performance
Growth was primarily led by the company's Fiber Solutions division, which benefited from higher volumes in the U.S. that drove both sales and margin expansion. Hexatronic also credited a performance improvement program for the division's success. The Data Center segment also experienced continued high demand, with the recent acquisition of Superior Fiber & Data Services contributing to its sales growth.
In contrast, the Harsh Environment division encountered significant headwinds. According to the company, an unfavorable product mix and delays in oil and gas projects negatively impacted both sales and margins for the segment during the quarter.
Financials and Outlook
AdHexatronic's report detailed several key financial metrics and corporate activities for the second quarter:
- Net Sales: SEK 2.25 billion
- Adjusted EBITA Growth: 33%
- Net Income: SEK 131 million
During the period, the company completed two acquisitions and raised SEK 600 million through a new share issue. Looking ahead, Hexatronic stated it expects its third-quarter results to be in line with its second-quarter performance. The company projects continued strong growth in its Data Center operations with stable margins, and anticipates a modest margin improvement in its Harsh Environment division in the second half of 2026.
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