Hexagon Purus ASA: Results for the third quarter 2022
Hexagon Purus delivered robust year-over-year revenue growth in Q3 2022 coupled with continued strong commercial momentum in hydrogen distribution applications. Q3 2022 highlights: · Revenue grew 115 % year over year to NOK 222 million, including NOK 143 million contribution from Wystrach driven by strong demand in hydrogen distribution applications · Received purchase orders worth NOK 290 million for hydrogen distribution systems from multiple customers to be deployed in Europe including Germany, Poland and Netherlands · Exited the quarter with total backlog exceeding NOK 1