Hexagon Purus ASA: Results for the first quarter 2023
Q1 2023 summary highlights: · Revenue grew 53% year-over-year to NOK 244 million, driven by strong demand in hydrogen infrastructure applications. · Signed an exclusive distribution agreement with Hino Trucks for supply of battery electric heavy-duty trucks in the US with a potential total value of approximately USD 2.0 billion. · Exited the quarter with total backlog of approximately NOK 1.2 billion. · Raised gross proceeds of approximately NOK 1,300 million through a combination of issuance of new shares worth NOK 500 million and the issuance of a convertible bond of NOK 800