HEX Hexagon Composites ASA

Hexagon Composites ASA: Mandatory Notification of Trade by Primary Insider

Hexagon Composites ASA: Mandatory Notification of Trade by Primary Insider

Hans Peter Havdal, board member in Hexagon Composites ASA, has on 25 August 2020, purchased 3,900 shares in Hexagon Composites ASA at an average price of NOK 51. Following this transaction, Mr. Havdal holds a total of 3,900 shares in Hexagon Composites ASA.

 

For more information:

David Bandele, CFO, Hexagon Composites ASA

Telephone: |

 

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act







EN
26/08/2020

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HEXHexagon Composites ASA

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Reports on Hexagon Composites ASA

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ABGSC Renewable Energy Research ... (+3)
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Free Trial
HEX Hexagon Composi...

Hexagon Composites (Buy, TP: NOK38.00) - Cautious on near-term outlook

We are significantly below consensus on Q1e EBITDA, owing to the challenging US truck market, with the uncertainty in demand, costs, and regulations resulting in lower demand for new trucks and technology shifts taking longer. With most of its business in the US, we consider Hexagon Composites vulnerable. As a result, we have lowered our 2025–2026e EBITDA by 9–15%. We reiterate our BUY, but have cut our target price to NOK38 (50) on the weaker near-term outlook.

HEX HEXAGON COMPOSITES ASA
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