Hexagon Composites ASA: Third quarter 2024
7 November 2024: Hexagon Composites (OSE: HEX.OL), world leader in composite cylinder technology and related systems for storage and transportation of clean gaseous energy reported revenues of NOK 1 250 million for third quarter 2024 (Q3’23: 1 148 million). The reported EBITDA was NOK 184 million (Q3’23: NOK 120 million), resulting in a 15% EBITDA margin (Q3’23: 10%). “Hexagon Group delivered a record-high EBITDA of NOK 184 million this quarter, thanks to significant operational efficiency improvements alongside increased heavy-duty truck activity in Hexagon Agility’s fuel systems