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 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