2017-11-01 09:00:25

Hexatronic invests in further duct capacity to meet increased demand


Hexatronic Group AB (publ)
556168-6360

Press Release November 1, 2017

Hexatronic invests in further duct capacity to meet increased demand

Hexatronic Cables & Interconnect Systems AB, a wholly owned subsidiary of Hexatronic Group AB, invests in further duct capacity at its factory in Hudiksvall, northern Sweden.

The investment is part of the company's strategy to increase production capacity and product breadth, in order to meet increased demand for its products.

The investment is worth approximately MSEK 21 and will take place in two stages: the first capacity increase will be completed in spring 2018, and the second stage in autumn 2018.

Gothenburg, November 1, 2017

Henrik Larsson Lyon

CEO Hexatronic Group

For more information, please contact:

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

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 likeRibbonet®, Micronet(TM), Drytech(TM), Lightmate®, FibreHub(TM), Matrix, DCIO(TM), Basic Broadband(TM) and Wistom®. The Group has its headquarters in Gothenburg, Sweden and has sales offices and/or subsidiaries in Sweden, Norway, Finland, United Kingdom, China and the US. The Group is listed on Nasdaq Stockholm under the ticker HTRO. For more information, visitwww.hexatronicgroup.com.

2017-11-01 Hexatronic invests in further duct capacity

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Source: Hexatronic Group AB via Globenewswire