Hexatronic Wins Submarine Cable Orders Totaling 33 MSEK

Hexatronic Cables & Interconnect Systems AB has recently signed several agreements regarding fiber optic submarine cable. The total order value amounts to 33 MSEK, of which most of it is from new customers.Hexatronic Group AB Press Release

February 23, 2018

Hexatronic Cables & Interconnect Systems AB, a wholly owned subsidiary of Hexatronic Group AB, has recently signed several agreements regarding fiber optic submarine cable. The total order value amounts to 33 MSEK, of which most of it is from new customers. The major part is planned to be delivered during summer 2018.

Hexatronic offers system solutions in submarine cables as well as in the complete fiber optic infrastructure, from development and production to delivery.

“We are very satisfied about the agreements which is an acknowledgement on the confidence in the market of our broad submarine cable offering.” said Henrik Larsson Lyon, Hexatronic’s Chief Executive Officer.

Gothenburg, February 23, 2018

Henrik Larsson Lyon

CEO Hexatronic Group

For more information, please contact:

· Henrik Larsson Lyon, CEO Hexatronic Group, +46 706 50 34 00

This is information that Hexatronic Group 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 08.30 CET on February 23 2018.

Hexatronic Group AB (publ) is a group that develops, markets and delivers products, components and system solutions with the main focus on the fiber optic market. Hexatronic offers a wide range of innovative system and product solutions mainly for passive fiber optic infrastructure with global trademarks like Ribbonet®, Micronet(TM), Drytech(TM), Lightmate®, FibreHub(TM), Matrix, Viper, Stringray and Wistom®. The Group has its headquarters in Gothenburg, Sweden and has sales offices and/or subsidiaries in Sweden, Norway, Finland, United Kingdom, China, New Zealand and the US. The Group is listed on Nasdaq Stockholm under the ticker HTRO. For more information, visit www.hexatronicgroup.com.

2018-02-23T12:52:18+00:00 February 23rd, 2018|Categories: State of the Industry|Tags: , |