Hexagon Composites ASA (OSL:HEX)
Norway
· Delayed Price · Currency is NOK | Market Cap | 2.74B |
| Revenue (ttm) | 2.95B |
| Net Income (ttm) | -1.16B |
| Shares Out | 251.54M |
| EPS (ttm) | -5.03 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 980,053 |
| Average Volume | 1,351,256 |
| Open | 10.94 |
| Previous Close | 10.90 |
| Day's Range | 10.71 - 11.18 |
| 52-Week Range | 6.30 - 20.60 |
| Beta | 0.64 |
| RSI | 61.70 |
| Earnings Date | Apr 17, 2026 |
About Hexagon Composites ASA
Hexagon Composites ASA, together with its subsidiaries, provides alternative fuel systems and solutions to commercial vehicles and gas distribution companies worldwide. The company operates in Hexagon Agility and Hexagon Digital Wave segments. It also offers cylinder testing and monitoring technologies. The company was founded in 1985 and is headquartered in Ålesund, Norway. [Read more]
Financial Performance
In 2025, Hexagon Composites ASA's revenue was 2.95 billion, a decrease of -39.25% compared to the previous year's 4.86 billion. Losses were -1.16 billion, 315.3% more than in 2024.
Financial StatementsNews
Hexagon Composites ASA Earnings Call Transcript: Q4 2025
Q4 2025 saw improved performance, sequential revenue growth, and strong cost actions, despite ongoing market softness. Regulatory clarity and diversification efforts, including new orders in Mexico and space, support cautious optimism for 2026, with profitability expected to improve.
Hexagon Composites ASA Earnings Call Transcript: Q3 2025
Q3 saw weak results with NOK 538 million in revenue and -NOK 54 million EBITDA, driven by macroeconomic headwinds and a cyclical downturn. Cost-saving measures, an equity raise, and strategic initiatives aim to secure liquidity and position for future growth.
Hexagon Composites ASA Earnings Call Transcript: Q2 2025
Q2 results reflect macroeconomic challenges, with revenues at NOK 674 million and EBITDA of NOK 12 million. Cost-saving actions and new orders in Fuel Systems signal emerging momentum, while liquidity remains strong and the company is positioned for growth as markets recover.
Hexagon Composites ASA Earnings Call Transcript: Q1 2025
Q1 2025 delivered steady results with NOK 912 million in revenue and strong growth in fuel systems and refuse, offset by a decline in mobile pipeline. Guidance for 2025 is paused due to macro uncertainty, but long-term growth targets remain intact.
Hexagon Composites ASA Earnings Call Transcript: Q4 2024
Record Q4 2024 results with 21% revenue growth and 17% EBITDA margin, driven by strong segment performance and operational improvements. 2025 is expected to be a transition year with growth weighted to the second half, supported by new truck platforms and market recovery.
Hexagon Composites names Dr. Philipp Schramm as Chief Executive Officer
OSLO, Norway , Dec. 3, 2024 /PRNewswire/ -- The Board of Directors of Hexagon Composites (OSE: HEX.OL) is pleased to announce the appointment of Dr. Philipp Schramm as Chief Executive Officer, effecti...
Hexagon Composites ASA Earnings Call Transcript: Q3 2024
Q3 2024 delivered record EBITDA and strong revenue growth, driven by operational efficiencies and robust demand in RNG and Mobile Pipeline segments. Guidance for 2024 EBITDA was raised, and the company is well-positioned for continued growth with a completed production ramp-up and new CEO joining in 2025.
Hexagon Composites ASA Earnings Call Transcript: Q2 2024
Q2 2024 saw strong revenue and margin growth, driven by heavy-duty truck sales and major orders, while the Ragasco divestment strengthened the balance sheet. Guidance for 2024 remains robust, with continued margin expansion and a focus on cost competitiveness.
Hexagon Composites ASA: Second quarter 2024
OSLO, Norway , Aug. 15, 2024 /PRNewswire/ -- Hexagon Composites (OSE: HEX.OL), world leader in composite cylinder technology and related systems for storage and transportation of clean gaseous energy ...
Hexagon Composites ASA Earnings Call Transcript: Q1 2024
Hexagon Composites ASA: First quarter 2024
OSLO, Norway , May 8, 2024 /PRNewswire/ -- Hexagon Composites (OSE: HEX.OL), world leader in composite cylinder technology and related systems for storage and transportation of clean gaseous energy re...
Hexagon Composites ASA: Annual and Sustainability Report 2023
OSLO, Norway, March 22, 2024 /PRNewswire/ -- The Board of Directors of Hexagon Composites ASA has approved the company's Annual and Sustainability report for 2023. Please find attached the following ...
Hexagon Composites ASA Expands as US Natural Gas Truck Market Prepares to Grow Threefold; To Participate in One of the Largest Small-Cap Conferences in the US
OSLO, Norway , March 6, 2024 /PRNewswire/ -- Hexagon Composites ASA ("Hexagon Composites" or the "Company) (Oslo: HEX.OL), a world leader in Type 4 composite technology and vertically integrated fuel ...
Hexagon Composites ASA Earnings Call Transcript: Q4 2023
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...
Hexagon Purus ASA – Hexagon Purus launches convertible bond private placement of up to approximately NOK 1,000 million, with pre-commitments of NOK 850 million from strategic investors Mitsui, Hy24 and Hexagon Composites.
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Hexagon Composites ASA Earnings Call Transcript: Q3 2023
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, indus...
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. Jon Erik Engeset, CEO and David Bandele, CFO will present the results at 08...
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 h...
Hexagon Composites initiates strategic review of its LPG cylinder business
26 September 2023: Hexagon Composites' (OSE: HEX.OL) wholly owned subsidiary, Hexagon Ragasco (the “Company”) is the global market leader in composite cylinders for liquid petroleum gas (LPG) with mor...
Hexagon Composites ASA: Share buyback program completed
14 September 2023: With reference to the share buyback program announced 18 August 2023, Hexagon Composites ASA ("the Company") has from 7 to 14 September 2023 purchased 476,880 of its own shares. The...
Hexagon Composites ASA: Share buyback program status
6 September 2023: With reference to the share buyback program announced 18 August 2023, Hexagon Composites ASA ("the Company") has from 29 August to 6 September 2023 purchased 501,398 of its own shar...
Hexagon Composites ASA: Initiation of share buyback program to fulfil incentive programs obligations
18 August 2023: Hexagon Composite ASA has decided to initiate a buyback of up to 2,000,000 of its own shares for an amount up to NOK 50 million. The buyback program may be carried out in the period fr...
Hexagon Composites ASA: Settlement of Restricted Share Units
18 August 2023: Reference is made to the announcement on 29 July 2020, in which Hexagon Composites ASA (the "Company") announced the provisional award of Restricted Share Units ("RSUs") under a Long-T...