Hexagon Composites ASA: Third quarter 2023
9 November 2023: 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 1 252 (1 080) million in the third quarter 2023. This represents 16% growth compared to the same quarter last year, mainly driven by record high activity in Hexagon Agility’s Mobile Pipeline distribution business. The reported EBITDA was NOK 124 (68) million, after NOK 12 million in costs related to the ongoing strategic review of Hexagon Ragasco. “