HEX Hexagon Composites ASA

Hexagon Composites ASA: Initiates share buy-back program

Hexagon Composites ASA: Initiates share buy-back program

The Board of Directors of Hexagon Composites ASA has resolved to acquire up to 1,000,000 own shares under the share buy-back program. The share buy-back program will be conducted in accordance with the applicable regulations of the Oslo Stock Exchange and within the mandate stated in the minutes from the Company's Annual General Meeting held on 24 April 2019, available at

For more information:

David Bandele, CFO, Hexagon Composites ASA

Telephone: |

Hiva Ghiri, VP Investor Relations, Hexagon Composites ASA

Telephone: |

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

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

EN
27/03/2020

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Reports on Hexagon Composites ASA

Helene Kvilhaug Brøndbo
  • Helene Kvilhaug Brøndbo
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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
03/27/25 March 27, 2025 1 EN
ABGSC Renewable Energy Research ... (+7)
  • ABGSC Renewable Energy Research
  • Adrian Gilani
  • Åsne Holsen
  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Stian Wibstad
BONHR BONHEUR ASA
ORSTED ORSTED ... (+16)

Renewable Weekly – 20 February 2025

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

BONHR BONHEUR ASA
ORSTED ORSTED
HEX HEXAGON COMPOSITES ASA
NEL NEL ASA
SSO SCATEC ASA
EOLU B EOLUS VIND AB
FKRFT FJORDKRAFT HOLDING ASA
CADLR CADELER
VOLUE VOLUE AS
A2QKGG HEXAGON PURUS
ZAP ZAPTEC
VWS VESTAS WIND SYSTEMS
EWIND EDDA WIND ASA
TOM TOMRA SYSTEMS ASA
IWS-NO INTEGRATED WIND SOLUTIONS
OX2-SE OX2
02/20/25 February 20, 2025 1 EN
ABGSC Energy Research ... (+7)
  • ABGSC Energy Research
  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Njål Kleiven
  • Oliver Dunvold
  • Stian Wibstad
AKRBF AKER BP ASA
HEX HEXAGON COMPOSITES ASA
TOM TOMRA SYSTEMS ASA
02/14/25 February 14, 2025 1 EN
Helene Kvilhaug Brøndbo
  • Helene Kvilhaug Brøndbo
Free Trial
HEX Hexagon Composi...

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...

HEX HEXAGON COMPOSITES ASA
02/14/25 February 14, 2025 1 EN
ABGSC Renewable Energy Research ... (+3)
  • ABGSC Renewable Energy Research
  • Daniel Vårdal Haugland
  • Stian Wibstad
HEX HEXAGON COMPOSITES ASA
02/13/25 February 13, 2025 1 EN

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