HEX Hexagon Composites ASA

Invitation to webcast 14 September 2022 - Navigating the road to zero emissions

Invitation to webcast 14 September 2022 - Navigating the road to zero emissions

In the US, compressed (renewable) natural gas has been the gamechanger in the heavy-duty trucking sector with over 175,000 RNG/CNG vehicles on the road. With a growing European regulatory network, increasing diesel prices and high availability of natural gas, we need to consider the clean fuel alternatives for more compact European heavy-duty vehicles.

On 14 September, 08:00 am CEST, we invite customers, shareholders, analysts, media and other stakeholders for a one-hour presentation and discussion on the options for heavy-duty transport in Europe.

To attend the event, please register .

Agenda:

  • Introduction and market view

    Harmen Dekker, CEO European Biogas Association
  • The spectrum of clean fuel alternatives, industry landscape & technology demand

    Eric Bippus, SVP Global Sales & Marketing, Hexagon Agility
  • Regulatory landscape in the EU

    Ashley Remillard, VP Legal, Hexagon Agility
  • Introduction to Cryoshelter's tank technology

    Matthias Rebernik, CEO, Cryoshelter
  • Panel discussion
  • Audience Q&A



For more information:



Karen Romer, SVP Communications, Hexagon Composites

|



About Hexagon Agility

Hexagon Agility, a business of Hexagon Composites, is a leading global provider of clean fuel solutions for commercial vehicles and gas transportation solutions. Its product offerings include natural gas storage and delivery systems, Type 4 composite natural gas cylinders, propane, and natural gas fuel systems. These products transport clean gaseous fuels and enable vehicles to reduce emissions while saving operating costs. Learn more at and follow @HexagonAgility on Twitter and LinkedIn.



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, industrial and consumer applications. Learn more at and follow @HexagonASA on Twitter and LinkedIn



EN
02/09/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Hexagon Composites ASA

ABGSC Renewable Energy Research ... (+3)
  • ABGSC Renewable Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland
Helene Kvilhaug Brøndbo
  • Helene Kvilhaug Brøndbo

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.

ABGSC Renewable Energy Research ... (+7)
  • ABGSC Renewable Energy Research
  • Adrian Gilani
  • Åsne Holsen
  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Stian Wibstad

Renewable Weekly – 20 February 2025

This week, we summarise this week's most important newsflow on the companies under our coverage.

ABGSC Energy Research ... (+7)
  • ABGSC Energy Research
  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Njål Kleiven
  • Oliver Dunvold
  • Stian Wibstad
Helene Kvilhaug Brøndbo
  • Helene Kvilhaug Brøndbo

Hexagon Composites (Buy, TP: NOK50.00) - In a transition year

2025 looks set to be a transition year, with a slower roll-out of natural gas trucks and low Mobile Pipeline activity hampering H1. Thus, we have cut our 2025e EBITDA by 24%, to the top of the guidance of NOK640m–740m that we consider to be conservative. Seeing the long-term investment case as still intact and hearing welcomed commentary on no further financial support to Hexagon Purus, we consider yesterday’s sell-off to be an overreaction. We reiterate our BUY, but have cut our target price to...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch