Hexagon Composites (HEX)

Bingo123 · september 28, 2023, 11:28am

Men når. Grønne vekstselskaper er upopulære om dagen og vil være det en stund kanskje

Richardames · september 28, 2023, 11:51am

Grunnlegger/ styreleder selger. Mer bear får du det knapt.

Bingo123 · september 28, 2023, 11:58am

Han har et par aksjer igjen

Midlang86 · september 28, 2023, 1:11pm

Over 2mill aksjer igjen vel… normalt med rabatt med så stor andel. God kjøps mulighet tenker jeg. Tok en del på lav 27

Bingo123 · september 28, 2023, 1:12pm

Artikkel om at det er pga formueskatt

Midlang86 · september 28, 2023, 1:13pm

Såg det😂

Richardames · september 28, 2023, 1:45pm

Dette er selvfølgelig bullshit, hadde han vært intressert nok i å holde aksjene hadde han flyttet til Sveits for å unngå salg🙂

TekBot · oktober 18, 2023, 4:46pm

Gasco Saudi Arabia and Hexagon Ragasco sign a five-year distribution agreement for new, custom-sized LPG cylinders.

18 October 2023: National Gas and Industrial Company (Gasco), the largest
Liquefied Petroleum Gas (LPG) distributor in the Kingdom of Saudi Arabia, and
Hexagon Composites’ subsidiary Hexagon Ragasco have signed a long-term
…

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distribution agreement. The five-year contract (2023-2028) covers the provision
and distribution of custom-made LPG cylinders on the Saudi Arabian domestic
market and is valued at approximately 20 million euros.

Gasco has played a significant role in the development of the composite cylinder
market in Saudi Arabia, which is the largest market for domestic LPG utilization
in the Middle East. Since 2015, Hexagon Ragasco has been a supplier to Gasco.

A Collaborative Strategy for Enhancing Operational Effectiveness
The new custom-sized composite cylinder by Hexagon Ragasco is specifically
designed to increase Gasco’s filling and logistical operational efficiency. The
broader and shorter cylinder fits seamlessly with Gasco’s filling systems and
logistic equipment, making filling, storage, and transport of the cylinders more
streamlined and efficient.

“We are pleased to have this agreement in place with our long-time partner,
Hexagon Ragasco. Hexagon Ragasco’s collaborative approach continually adds value
to our business. The new cylinder is designed specifically for our existing
pallets and bottling systems, allowing us to fill and deliver modern LPG
composite cylinders more cost-effectively to customers that reap the benefits of
lightweight, durable composite cylinders and a lower CO2 footprint” says Eng.
Abdulrahman Bin Sulaiman, CEO of Gasco.

The new cylinder will be manufactured at Hexagon Ragasco’s world-class, high-
volume, fully automated production facility in Raufoss, Norway.

“This is our second long-term distribution agreement with Gasco-an alliance that
has strengthened our position in the Middle East region over the last decade. As
a preferred supplier, we are able to engage with Gasco’s team and help them
address some of the operational challenges that face business growth in a key
region for both the LPG industry and Hexagon Ragasco,” says Skjalg Stavheim,
President of Hexagon Ragasco. “Today’s announcement is an example of the role
customer intimacy plays in driving innovation.”

Timing
The first new composite LPG cylinders will be shipped and introduced to the
Saudi market in 2024.

For more information:
Karen Romer, SVP Communications, Hexagon Composites ASA
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com
(mailto:ingrid.aarsnes@hexagongroup.com)

About National Gas and Industrial Company (Gasco)
Gasco was incorporated in 1963 (1383H) via the merger of National Gas Company in
Dammam and its two branches in Riyadh and Jeddah, together with Saudi
manufacturing and Gas Company in Riyadh and its branches in Dammam.

Gasco’s main activities are transportation, filling, distributing, and marketing
of Liquefied Petroleum Gas (LPG), which consists of propane (C3H8), butane
(C4H10), or a mixture of both. Gasco has generated revenues of more than SAR 2
billion in 2022.

About Hexagon Ragasco AS
At Hexagon Ragasco, we are committed to quality, safety, and innovation. We are
the leading manufacturer of composite LPG cylinders, with an industry-leading
safety record of 20+ years and more than 20 million cylinders sold worldwide.
Our products bring unique benefits to both LPG marketers and their customers. ?

LPG has a significant role to play as a transitional energy source with the
potential to improve air quality and health for billions of people who rely on
highly polluting and toxic fuels as their primary energy source. We believe in
cleaner air and safer LPG for everyone, everywhere.

Learn more at www.hexagonragasco.com and follow @Hexagon_Ragasco on Twitter and
LinkedIn.

About Hexagon Composites
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation, and conversion to clean energy in a
wide range of mobility, industrial and consumer applications.

Learn more at hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn

This information is considered to be inside information pursuant to the
EU Market Abuse Regulation and is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock
exchange release was published by Ingrid Aarsnes, VP IR & ESG, Hexagon
Composites ASA on 18 October 2023 at 18:45 CEST.

Kilde

TekBot · oktober 26, 2023, 7:01am

Hexagon Composites ASA: Invitation to presentation of Q3 2023 results

26 October 2023: Hexagon Composites ASA’s third quarter results of 2023 will be
released on 9 November 2023 at 07:00 am CET.

…

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Jon Erik Engeset, CEO and David Bandele, CFO will present the results at 08:30
the same morning. The presentation will be held in the Auditorium at Hexagon’s
location in Oslo, Haakon VIIs gate 2, on the lower level.

If you would like to attend the presentation, please pre-register by emailing
ir@hexagongroup.com, alternatively register upon arrival. The presentation will
also be broadcasted live via:
https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20231109_4

For more information:
Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation and conversion to clean energy in a
wide range of mobility, industrial and consumer applications. Learn more at
www.hexagongroup.com (http://www.hexagongroup.com) and follow @HexagonASA on
Twitter and LinkedIn.

Kilde

TekBot · oktober 30, 2023, 7:02am

Hexagon Agility receives inaugural order for Mobile Pipeline® TITAN 450 modules from Promigas Peru S.A.

30 October 2023: Hexagon Agility, a subsidiary of Hexagon Composites, has
received an inaugural order for Mobile Pipeline(®) TITAN 450 modules from
Promigas Peru, a subsidiary of Promigas and a leading energy distributor of
…

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natural gas for the Peru market.

The order represents an estimated value of USD 9 million (approx. NOK 100
million).

Promigas Peru enables customers without pipeline access to transition to lower
carbon energy. The new TITAN 450 modules will complement Promigas Peru’s current
virtual pipeline fleet, enhancing its ability to distribute natural gas safely
and economically to La Libertad, Cajamarca, Lambayeque and Ancash - all regions
in Northern Peru with limited pipeline infrastructure.

“We’re excited to be selected by Promigas Peru to support the decarbonization of
the industrial sector. Our Mobile Pipeline solutions have enabled the safe
distribution of compressed natural gas throughout Latin America” says Nicolas
Reyes, Director of Sales and Business Development Latin America at Hexagon
Agility. "With deployment of our latest Mobile Pipeline innovation, Hexagon
Agility and Promigas Peru are driving the transformation to cleaner and more
affordable energy in Latin America.

Hexagon Agility has delivered safe, high-capacity modules into Latin America for
the past ten years and has more than 300 Mobile Pipeline units in service
throughout the region.

Higher capacity, lighter design, lower emissions

TITAN 450 enables the safe transport of almost half a million standard cubic
feet of CNG/RNG in a 40-foot module. The new product employs the latest
technology in Type 4 composite cylinders and high-strength frame design. It
delivers 25% greater gas capacity than other compressed natural gas distribution
modules, while being 20% lighter in the same 40-foot length. This results in
fewer trips to deliver the same amount of gas, improving operational efficiency,
and reducing total cost of ownership and transport emissions.

Timing

Deliveries of the modules are scheduled to start in the first half of 2024.

For more information:

Karen Romer, SVP Communications, Hexagon Composites ASA
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com
(mailto:karen.romer@hexagongroup.com)

Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com
(mailto:ingrid.aarsnes@hexagongroup.com)

About Promigas

More than 48 years of connecting markets to energy sources and generating value
through responsible management with the environment and committed to sustainable
development. This is how we have led the natural gas revolution in Colombia and
Peru. We have 23 companies dedicated to the transportation and distribution of
natural gas, LNG regasification, electricity distribution, energy solutions and
integrated services for the industry.

About Hexagon Agility

Hexagon Agility, a business of Hexagon Composites, is a leading global provider
of clean fuel solutions for commercial vehicles and gas transportation
solutions. Products offered include (renewable) natural gas storage and
distribution systems, Type 4 composite natural gas cylinders, propane, and
(renewable) natural gas vehicle fuel systems. These products transport clean
gaseous fuels and enable customers to reduce emissions while saving operating
costs. Learn more at hexagonagility.com and follow @HexagonAgility on Twitter
and LinkedIn.

About Hexagon Composites ASA

Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation and conversion to clean energy in a
wide range of mobility, industrial and consumer applications. Learn more at
hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

Kilde

Bingo123 · november 6, 2023, 4:31pm

TekBot · november 9, 2023, 6:01am

Hexagon Composites ASA: Third quarter 2023

9 November 2023: Hexagon Composites (OSE: HEX.OL), world leader in composite
cylinder technology and related systems that enable safe delivery of clean
gaseous energy for mobility, distribution, industries and homes, reported
…

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revenues of NOK 1 252 (1 080) million in the third quarter 2023. This
represents 16% growth compared to the same quarter last year, mainly driven by
record high activity in Hexagon Agility’s Mobile Pipeline distribution business.
The reported EBITDA was NOK 124 (68) million, after NOK 12 million in costs
related to the ongoing strategic review of Hexagon Ragasco.

“Our Hexagon Agility business delivered high revenues and improved operational
efficiency in the quarter. In combination with adjusted pricing, this resulted
in improved EBITDA margins,” says Jon Erik Engeset, Group CEO of Hexagon
Composites. “During the quarter we also initiated a strategic review of Hexagon
Ragasco, a company we have owned for more than 20 years. It has an exciting
pipeline of growth opportunities, and we wish to evaluate whether the company’s
full potential can best be realized inside or outside the Hexagon Group.”

Outlook
In the second half of 2024, the launch of Cummins’ new 15-liter natural gas
engine in the US is expected to be a game-changer in the heavy-duty truck
segment, expanding the addressable market for long-haul trucks in the US
threefold. To meet the expected demand, Hexagon is adding new cylinder capacity
to its existing operations in North Carolina, US. In addition, with the current
strong demand for Mobile Pipeline, capacity expansions for this segment are
ongoing both in the US (Nebraska) and in Germany.

For further details, please see the attached third quarter 2023 report and
presentation.

Presentation of the results today at 08:30 am CET
Jon Erik Engeset (CEO) and David Bandele (CFO) will present the results at
08:30 am today in Oslo. The presentation will be held in the Auditorium at
Hexagon’s location in Oslo, Haakon VIIs gate 2, on the lower level. If you would
like to attend the presentation, please pre-register by emailing
ir@hexagongroup.com, alternatively register upon arrival.

The presentation will also be broadcast live via:
https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20231109_4

For more information:
Ingrid Aarsnes, VP Investor Relations & ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

Karen Romer, SVP Communications, Hexagon Composites ASA
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation, and conversion to clean energy in a
wide range of mobility, industrial and consumer applications. Learn more
at www.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

Kilde

TekBot · desember 13, 2023, 4:24pm

Financial calendar

TekBot · desember 20, 2023, 3:32pm

Hexagon Composites ASA - Participation in Hexagon Purus’ contemplated convertible bond private placement

20 December 2023: Reference is made to the stock exchange announcement from
Hexagon Purus ASA (“Hexagon Purus” or the “Company”) published 20 December 2023
at 16:31 (CET) whereby the Company announced the launch of a contemplated
…

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private placement of senior unsecured convertible bonds (the “Convertible
Bonds”) raising gross proceeds of up to approximately NOK 1,000 million (the
“Convertible Bond Private Placement”).

The Convertible Bond Private Placement is supported by Hexagon Composites ASA
(“Hexagon Composites”), Mitsui & Co., Ltd. (“Mitsui”) and Hy24 Partners SAS
(“Hy24”) through pre-commitments and pre-allocations for an aggregate of NOK
850 million, whereof Hexagon Composites has irrevocably committed to subscribe
for, and will receive an allocation of NOK 200 million.

“Hexagon Purus has assumed market-leading positions in some of the strongest
growing zero emission mobility and infrastructure technology segments globally.
We are highly satisfied with the Company’s performance and growth to date. We
intend to continue working closely together with Hexagon Purus in areas of
mutual interest and benefit and as previously stated, retain a significant
ownership stake, says Jon Erik Engeset, CEO of Hexagon Composites.”

The net proceeds from the Convertible Bond Private Placement will be used to
support Hexagon Purus’ growth strategy, including its ongoing global capacity
expansion program and delivering on customer commitments to reach its 2025
financial targets of NOK 4-5 billion in revenues and break-even EBITDA.

The settlement of the Convertible Bonds is expected to take place on or around
1 February 2024 and is conditional on an extraordinary general meeting (“EGM”)
of the Company expected to be held on or about 11 January 2024 resolving to
approve the issuance of the Convertible Bonds. Hexagon Composites and Mitsui
have committed to vote in favour of the resolution at the EGM.

For key terms related to the Convertible Bond Private Placement, please refer to
Hexagon Purus’ stock exchange announcement.

For more information:
Ingrid Aarsnes, VP Investor Relations & ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

Karen Romer, SVP Communications, Hexagon Composites ASA
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation, and conversion to clean energy in a
wide range of mobility, industrial and consumer applications. Learn more
at www.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

This information is considered to be inside information pursuant to the
EU Market Abuse Regulation and is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock
exchange release was published by Ingrid Aarsnes, VP IR & ESG, Hexagon
Composites ASA on 20 December 2023 at the time stamp of this release.

Kilde

TekBot · januar 10, 2024, 7:47am

Hexagon Agility receives order from REV LNG for Mobile Pipeline® TITAN products to meet growing demand for RNG

10 January 2024: Hexagon Agility, a business of Hexagon Composites, has received a new order for TITAN Mobile Pipeline® modules from REV LNG, a leading full-service mobile energy supply and project development company. The modules will be used to transport and deliver renewable natural gas (RNG) to its customers within the US.

This order represents an estimated value of USD 19 million (approx. NOK 197 million).
…

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“Our customers are continuing to diversify their energy portfolios and are embracing RNG as the key solution to reduce greenhouse gas emissions,” says David Kailbourne, President and CEO of REV LNG. “The reliability of Hexagon Agility’s Mobile Pipeline products is excellent and allows us to meet our customers’ demand.”

Driving energy transformation

In every industry, whether it is compressed natural gas (CNG) or RNG, there is a strong desire among customers to transport larger quantities of gas with efficiency and safety in mind. For more than ten years, Hexagon Agility’s TITAN modules have provided customers with simple, safe and reliable equipment to transport large volumes of CNG, environmentally friendly RNG, and other compressed gases.

“Hexagon decided more that fifteen years ago to pursue game changing composite cylinder technology and modules to dramatically increase the volume of compressed gases that could be transported,” says Mark Babcock, Sr. Director of Business Development, Mobile Pipeline at Hexagon Agility. “Our TITAN product enables customers like REV LNG to efficiently transport and deliver large volumes of RNG. We look forward to continuing our ongoing partnership with REV LNG to achieve our vision of ‘clean air everywhere’.”

Timing

Deliveries of the Titan®53 modules are scheduled to start in the third quarter of 2024.

For more information:

Karen Romer, SVP Communications, Hexagon Composites
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

About REV LNG

REV LNG is a full-service supplier of liquid natural gas (LNG), compressed natural gas (CNG) and renewable natural gas (RNG) specializing in development, production, supply, transportation, and distribution solutions. As an integrated solutions provider, REV has partnered with industry leading companies and led the development of award-winning projects. Learn more at www.revlng.com.

About Hexagon Agility

Hexagon Agility, a business of Hexagon Composites, is a leading global provider of clean fuel solutions for commercial vehicles and gas transportation. Its product offerings include (renewable) natural gas storage and distribution systems, Type 4 composite natural gas cylinders, and (renewable) natural gas fuel systems. These products transport clean gaseous fuels and enable vehicles to reduce emissions while saving operating costs. Learn more at hexagonagility.com and follow @HexagonAgility on Twitter and LinkedIn.

About Hexagon Composites ASA

Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation and conversion to clean energy in a wide range of mobility, industrial and consumer applications. Learn more at www.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

Kilde

TekBot · januar 23, 2024, 7:02am

Hexagon Digital Wave signs Long Term Agreement for equipment and services with Linde Gas & Equipment Inc

23 January 2024: Hexagon Digital Wave, a business of Hexagon Composites, has
signed a long-term agreement with Linde Gas & Equipment Inc. (LG&E), a leading
distributor of packaged and microbulk industrial, medical and specialty gases,
…

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and related hardgoods and safety equipment in the United States. The agreement
covers the supply and service of Ultrasonic Examination (UE) testing equipment
and services globally. The UE testing equipment will be used globally for
requalification of Type 1 metallic cylinders used in various industrial and
medical applications. LG&E is an indirect, wholly owned subsidiary of Linde plc.

The newly signed agreement confirms Hexagon Digital Wave’s position as a long
-term supplier to LG&E.

Reduced cost and increased safety
“This agreement reflects the further strengthening of our business relationship
with the great team at Linde Gas & Equipment,” says George Siedlecki, CEO of
Hexagon Digital Wave. “Over the past 16 years we have supplied our equipment and
expertise to one of the global market leaders in the industrial gases market and
helped to improve the safety of their cylinders.” The non-destructive UE test
and process enables operators to detect even the smallest defects in metallic
cylinders without removing the valve or product. The use of UE significantly
reduces cost, cylinder downtime and water consumption.

The market continues to adopt UE testing for higher safety and testing
efficiencies. UE advantages include reduced labor to inspect cylinders,
detection and analysis of suspected flaws, retention of gas product and
elimination of re-pressurization energy.

“Hexagon Digital Wave understands the importance of the safety of cylinders
across the globe. We strongly believe that the precision, convenience and
environmental benefits of UE testing of metallic cylinders give it a significant
competitive advantage over hydrostatic testing which is currently used in the
market today,” concludes Siedlecki.

Contacts:
Karen Romer, SVP Communications, Hexagon Composites
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

Ingrid Aarsnes, VP IR & ESG, Hexagon Composites
Telephone: +47 950 38 364| Ingrid.aarsnes@hexagongroup.com

About Hexagon Digital Wave
Hexagon Digital Wave, a subsidiary of Hexagon Composites ASA, is a manufacturer
of Ultrasonic Examination (UE) cylinder testing equipment, Modal Acoustic
Emission (MAE) testing equipment and a provider of associated inspection
services. With applications worldwide, Hexagon Digital Wave serves government
entities, academic institutes, and private clients in the compressed gas and
pressure vessel industries.

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation and conversion to clean energy in a
wide range of mobility, industrial and consumer applications.

Learn more at
www.hexagongroup.com (Error during processing.
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%7C638385207927374361%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzI
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BcovtOR60UhVPDEkjFTg%3D&reserved=0) and follow @HexagonASA on Twitter and
LinkedIn

Kilde

TekBot · februar 1, 2024, 8:00am

Hexagon Composites ASA: Invitation to fourth quarter 2023 results

1 February 2024: Hexagon Composites ASA’s fourth quarter 2023 results will be
released on 15 February 2024 at 07:00 am CET.

…

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Jon Erik Engeset, CEO and David Bandele, CFO will present the results at 08:30
am the same morning.

The presentation will be held in the Auditorium at Hexagon’s location in Oslo,
Haakon VIIs gate 2, on the lower level. If you would like to attend the
presentation, please pre-register by emailing ir@hexagongroup.com, alternatively
register upon arrival.

The presentation will also be broadcasted live via: Hexagon Composites ASA
Webcast Q4 2023
(royalcast.com) (https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/2024021
5_9)
For further information:
Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation and conversion to clean energy in a
wide range of mobility, industrial and consumer applications. Learn more at
www.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

Kilde

TekBot · februar 15, 2024, 6:00am

Hexagon Composites ASA: Fourth quarter 2023

15 February 2024: Hexagon Composites (OSE: HEX.OL), world leader in composite
cylinder technology and related systems that enable safe delivery of clean
gaseous energy for mobility, distribution, industries and homes, reported
…

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revenues of NOK ~5.2 billion for the year (4.3) and EBITDA of NOK 480 million
(348). In the fourth quarter 2023, the Company delivered NOK 1 437 (1 276)
million and an EBITDA of NOK 126 (105) million.

In the fourth quarter 2023, Hexagon recorded a one-off, non-cash impairment
charge of its equity investment in Hexagon Purus of NOK 702 million. The
accounting-driven impairment charge was a result of Hexagon Purus’ negative
share price development in the second half of 2023. For the full year 2023, the
profit after tax reached NOK 1 136 million, primarily due to improved
operational performance and a NOK 2 351 million gain from the deconsolidation of
Hexagon Purus in June 2023.

“Our teams delivered a strong finish to the year, and we passed the NOK 5
billion annual revenue mark. Hexagon Agility’s Mobile Pipeline distribution
business was a key profit driver, combined with the successful recovery from the
post covid cost inflation impacts,” says Jon Erik Engeset, Group CEO of Hexagon
Composites.

For 2023, full year revenues were NOK 5 186 (4 303) million, mainly driven by
record high activity in the Mobile Pipeline distribution business. The full year
EBITDA totaled NOK 480 (348) million after NOK 27 million of one-off charges
related to restructuring and strategic projects.

Outlook

Going forward, Hexagon has much to look forward to, including the continuation
of strong Renewable Natural Gas driven growth in the Mobile Pipeline business,
and the upcoming launch of Cummins’ new 15-liter natural gas engine, increasing
the addressable market for natural gas fuel systems in North America by a factor
of three. With digital innovation at the forefront, Hexagon expects to see
renewed growth for the LPG cylinder business, and further strong growth for the
high-pressure cylinder testing and requalification business.

For further details, please see the attached fourth quarter 2023 report and
presentation.
Presentation of the results today at 08:30 am CET
Jon Erik Engeset (CEO) and David Bandele (CFO) will present the results at 08:30
am today in Oslo. The presentation will be held in the Auditorium at Hexagon’s
location in Oslo, Haakon VIIs gate 2, on the lower level. If you would like to
attend the presentation, please pre-register by emailing ir@hexagongroup.com,
alternatively register upon arrival.

The presentation will also be broadcast live via:
https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20240215_9

For more information:
Ingrid Aarsnes, VP Investor Relations & ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com
Karen Romer, SVP Communications, Hexagon Composites ASA
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com
About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation, and conversion to clean energy in a
wide range of mobility, industrial and consumer applications. Learn more
atwww.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

Kilde

Kraakko · februar 16, 2024, 9:11pm

Var dette så dårlige tall da? hva forventet man egentlig?? Ser jo ut som en relativ grei rapport

EDIT : HEXAGON COMPOSITES: SB1M kutter kursmålet til NOK 20 (25),gjentar kjøp — da skjønner jeg

anon14860022 · februar 19, 2024, 9:16pm

Tapet ble 5,48 per aksje, primært grunnet nedskrivinger/ tap i HPUR. Om Engeset bevisst prøver å skjule dette og bevisst glemmer å sette minus ved det ultimate tallet som illustrerer hvor bra/dårlig det går med et industriselskap, er uvisst. De har gjort samme « feilen» før. Muligens jeg tar feil?
Også i Q1 må de komme med nye avskrivninger/tap på HPUR. Jeg har ikke konsensustallene i hodet for 2024/2025, så je retter dette innlegget senere idag. TA tilsier 16,90 i nær fremtid. Dette er første gang aksjen faller før jeg har kommet med spådommen siden 2021.
Oppdatering: Jeg finner ikke meningsfulle spådommer fra hus for nå og fremtiden. Det er først neste år tapene i HPUR ikke påvirker resultatet negativt. Jeg anslår selv at de da muligens kan tjene en slant, men ikke så mye at det forsvarer en kurs på 19 kroner. Jeg har sett anslag på fortsatt underskudd til over en krone i netto overskudd.
Jeg tror at mye henger på utviklingen i EU på gassfronten.
Det blir veldig overfladisk fra meg denne gangen. Beklager det. Bruker nesten ikke tid på aksjer.