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FARO Technologies Inc. Message Board

  • lner2512 lner2512 Jun 8, 2011 2:20 AM Flag

    Hexagon launches new financial plan at Capital Markets Day

    I own Hexagon, used to own Faro. Remembering Hexagon is Faro's principal competitor, their plan for the next few years is very interesting:

    Even more interesting is that this Swedish company held this event in Orlando, Florida! Thoughts on why that might be, anyone?

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    • Good company and very aggressive....I like the mission statement:

      "To be a company worth owning"

      I've read their plans before an this is a quality operation.

      Faro's unwritten mission statement in this area is:

      "To be a company worth managing"

      ...but that is the reason I'm a FARO shareholder since you can only take advantage of your shareholders to a point...then, in theory, the pendulum swings back...

      I think FARO will ultimately reward it's shareholders and a truly great company like Hexagon will only help that process along. We have a very big pie here and FARO has the best people in the business which is likely the reason Hexagon held it's event in their backyard....need I say more?


    • I guess they don't get to sweat enough in June in Sweden? I have been to Sweden in June and July, and it can be very warm with the sun shining all the time. Also the mosquitos there are huge. I used to live in Palm Beach, and the humidity in Orlando in June is epic. What were they thinking at Hexagon?

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