Hexagon Composites ASA: Results for the fourth quarter 2020
In the fourth quarter of 2020, Hexagon Group generated NOK 803 (942) million in revenues and recorded an operating profit before depreciation (EBITDA) of NOK 69 (98) million. Agility Fuel Solutions experienced another record quarter for profitability as it recovers strongly from the global pandemic that sharply impacted the second quarter. Hexagon Ragasco results remained seasonally robust while Hexagon Mobile Pipeline continued to suffer the pandemic’s knock-on impacts to the macro climate, particularly in the US and parts of Europe. Hexagon Purus continued to build up its competitiveness