A2QKGG Hexagon Purus

Hexagon Purus ASA: Preliminary unaudited Q4 and full-year 2024 results

Hexagon Purus ASA: Preliminary unaudited Q4 and full-year 2024 results

(Oslo, Norway, 23 January 2024) Ahead of Hexagon Purus’ (“the Company”) financial reporting for Q4 2024 and preliminary full-year 2024 on 11 February 2025, the Company would like to provide the following preliminary estimates and unaudited figures for Q4 2024 and full-year 2024:

  • Q4 2024 revenue of approximately NOK 396 million and full-year 2024 revenue of approximately NOK 1,876 million. This is equivalent to FY 2024 revenue growth of approximately 42%, compared with expectations of at least 50% revenue growth. The shortfall versus expectations is predominantly due to delay of completion of certain customer deliveries, which is expected to be completed in 2025, and certain customer orders being shifted from 2024 to 2025
  • Q4 2024 EBITDA of approximately NOK -104 million and full-year 2024 EBITDA of approximately NOK -348 million. This is equivalent to a FY 2024 EBITDA margin of approximately -19%, representing a significant improvement compared to FY 2023 EBITDA margin of -34%

The above numbers are unaudited and reflect estimates as of the date hereof and may therefore be subject to change. The financial results for Q4 2024 and preliminary full-year 2024 and outlook will be published on 11 February 2025.

For more information:

Mathias Meidell, Investor Relations Director, Hexagon Purus

Telephone: +47 909 82 242 |

About Hexagon Purus

Hexagon Purus enables zero emission mobility for a cleaner energy future. The company is a world leading provider of hydrogen Type 4 high-pressure cylinders and systems, battery systems and vehicle integration solutions for fuel cell electric and battery electric vehicles. Hexagon Purus' products are used in a variety of applications including light, medium and heavy-duty vehicles, buses, ground storage, distribution, refueling, maritime, rail and aerospace.

Learn more at and follow @HexagonPurus on X and LinkedIn.

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



EN
23/01/2025

Underlying

A2QKGGHexagon Purus

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

Reports on Hexagon Purus

ABGSC Renewable Energy Research ... (+3)
  • ABGSC Renewable Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland
05/06/25 May 6, 2025 1 EN
 PRESS RELEASE
Free
A2QKGG HEXAGON PURUS

Hexagon Purus ASA: Results for the first quarter 2025

Hexagon Purus ASA: Results for the first quarter 2025 Key developments in Q1 2025 and after balance sheet date: Quarterly revenue of NOK 230 million in the first quarter of 2025, 44% lower compared to same quarter last year; EBITDA of NOK -242 million in the first quarter of 2025, compared to NOK -97 million in the same period last year. EBITDA in the quarter was negatively affected by approximately NOK 65 million of restructuring costs and other non-recurring items;Received first orders from Egyptian company MCV for delivery of hydrogen fuel storage systems for FCEV buses targeted for th...

May 6, 2025 1 EN
 PRESS RELEASE
Free
A2QKGG HEXAGON PURUS

Hexagon Purus ASA: Invitation to the presentation of first quarter 202...

Hexagon Purus ASA: Invitation to the presentation of first quarter 2025 results Hexagon Purus ASA's first quarter 2025 results will be released on 6 May 2025, 07:00 CET.  Morten Holum (CEO) and Salman Alam (CFO) will present the results at 08:30 CET and the presentation will be broadcasted live via . The presentation will be held in English and will be virtual. A recording of the presentation will be made available on For more information: Mathias Meidell, IR Director, Hexagon Purus ASATelephone: +47 909 82 242 | Salman Alam, CFO, Hexagon Purus ASA Telephone: +47 476 12 713 | A...

April 29, 2025 1 EN
ABGSC Renewable Energy Research ... (+3)
  • ABGSC Renewable Energy Research
  • Daniel Vårdal Haugland
  • Stian Wibstad
04/25/25 April 25, 2025 1 EN
 PRESS RELEASE
Free
A2QKGG HEXAGON PURUS

Hexagon Purus ASA: Minutes of Annual General Meeting

Hexagon Purus ASA: Minutes of Annual General Meeting The annual general meeting of Hexagon Purus ASA was held today, 25 April 2025 in Oslo, Norway. All proposals on the agenda were adopted as proposed. Complete minutes of the annual general meeting are attached to this release and are also available on For more information Mathias Meidell, IR Director, Hexagon Purus ASA Telephone: | About Hexagon Purus ASA Hexagon Purus enables zero emission mobility for a cleaner energy future. The company is a world leading provider of hydrogen Type 4 high-pressure cylinders and systems, ...

April 25, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch