HEX Hexagon Composites ASA

Hexagon Composites ASA: Mandatory notification of trade

Hexagon Composites ASA: Mandatory notification of trade

Reference is made to the stock exchange release dated 27 March 2020 regarding Hexagon Composites' share buy-back program.

Hexagon Composites ASA has on 30 March 2020 bought 143,232 shares in Hexagon Composites ASA at an average price of NOK 24.14 per share. After the transaction Hexagon Composites ASA holds 1,991,168 shares in the company.

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 of the Norwegian Securities Trading Act.



EN
30/03/2020

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Reports on Hexagon Composites ASA

Helene Kvilhaug Brøndbo
  • Helene Kvilhaug Brøndbo
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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
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