Hexagon Composites ASA: Third quarter 2025

About this update from Hexagon Composites Asa

OSLO, Norway , Nov. 6, 2025 /PRNewswire/ -- 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 538 million for third quarter 2025 (Q3'24: 1 250 million). The reported EBITDA was NOK -54 million (Q3'24: NOK 184 million), resulting in a -10% EBITDA margin (Q3'24: 15%). "Ever evolving trade and tariff policies, high capital cost and a cyclical downturn in our key segments are creating a unique and unprecedented decline, a 'perfect storm' if you will, in our core markets," said Philipp Schramm, CEO of Hexagon Composites. "We are well underway with our Group-wide cost savings program, aimed at improving our EBTIDA break-even point and protecting our liquidity." Outlook Despite a soft near-term outlook, our long-term growth ambitions are firmly intact. Key market drivers such as an aging truck fleet in the US, positive returns on investment and exciting feedback on the game-changing X15N engine make us confident that the industry ambition of 8-10% growth in natural gas trucking will come. It is not a question of if, but when. For further details, please see the attached third quarter 2025 report and presentation. Presentation of the results today at 08:30 am CET Philipp Schramm, CEO and David Bandele, CFO will present the results at 08:30 am CET today, broadcasted live via this link:  https://akercreativehub.eventcdn.net/events/hexagon-composites-webcast-q3-2025 The presentation of the results will be a virtual event, followed by a Q&A session. A recording of the presentation will be made available on www.hexagongroup.com . This information is considered to be inside information pursuant to the EU Market Abuse Regulation. This stock exchange release was published by Berit-Cathrin Høyvik, Senior Director Communications, Hexagon Composites ASA at the time and date provided. For more information: David Bandele, CFO, Hexagon Composites Telephone +47 920 91 483 I [email protected] Berit-Cathrin Høyvik, Senior Director, Communications, Hexagon Composites Telephone: +47 988 92 161 | [email protected] About Hexagon Composites ASA Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation, and conversion to clean energy in a wide range of mobility and industrial applications. Learn more at www.hexagongroup.com and follow @HexagonASA on LinkedIn. This information was brought to you by Cision http://news.cision.com https://news.cision.com/hexagon-composites-asa/r/hexagon-composites-asa--third-quarter-2025,c4262836 The following files are available for download:   View original content: https://www.prnewswire.co.uk/news-releases/hexagon-composites-asa-third-quarter-2025-302606675.html

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