reports
Hexagon Purus ASA: Invitation to the presentation of second quarter 20...
Hexagon Purus ASA: Invitation to the presentation of second quarter 2025 results Hexagon Purus ASA's second quarter results 2025 will be released on 17 July 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 | ...
Hexagon Purus ASA: Minutes of Extraordinary General Meeting
Hexagon Purus ASA: Minutes of Extraordinary General Meeting The extraordinary general meeting of Hexagon Purus ASA was held today, 2 July 2025 in Oslo, Norway. All proposals on the agenda were adopted as proposed. Complete minutes of the extraordinary 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 cyli...
Hexagon Purus signs new supply agreement with Hino Trucks and is set t...
Hexagon Purus signs new supply agreement with Hino Trucks and is set to explore options for the BVI segment (Oslo, Norway, 16 June 2025) Hexagon Purus (the “Company”), a world leading manufacturer of zero-emission mobility and infrastructure solutions, has signed a long-term agreement with Hino Trucks (“Hino”) for production and supply of Class 6 & 7 battery electric straight trucks for the U.S. market. The truck is intended to carry the Hino brand and be made available for general sale through Hino’s extensive network of authorized dealers from 2026. An initial series of prototype vehicles...
- ABGSC Energy Research
- Daniel Vårdal Haugland
- John Olaisen
- Njål Kleiven
- Oliver Dunvold
- Stian Wibstad
Hexagon Purus ASA: Proposed change of board chair, notice of extraordi...
Hexagon Purus ASA: Proposed change of board chair, notice of extraordinary general meeting To establish a better distribution of the workload in the board of Hexagon Purus ASA ("Purus" or the “Company”), Mr. Espen Gundersen has requested to step down as chair of the Purus board. Mr. Gundersen intends to continue to serve as a board member and chair of the audit committee of the Company. The nomination committee has considered the request and proposes that current board member Jon Erik Engeset takes over the role as board chair. The recommendation letter can be found on the company's webpa...
- ABGSC Renewable Energy Research
- Åsne Holsen
- Daniel Vårdal Haugland
- ABGSC Renewable Energy Research
- Åsne Holsen
- Daniel Vårdal Haugland
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...
- Martin Huseby Karlsen
Nel (Sell, TP: NOK1.50) - In hope they trust
Q1 revenue missed consensus by 29% and our estimate by 38%. Despite industry-wide challenges, Nel remains optimistic on new orders – although it last booked a sizeable order in late-2022. On the positive side, cash of NOK2.1bn provides investors with decent time optionality awaiting a better market (we do not expect a liquidity injection), added to which it has a good technology track record and know-how. We reiterate our SELL and NOK1.5 target price.
- ABGSC Renewable Energy Research
- Åsne Holsen
- Daniel Vårdal Haugland
- ABGSC Energy Research
- Daniel Vårdal Haugland
- John Olaisen
- Njål Kleiven
- Oliver Dunvold
- Stian Wibstad
- Mahaut Arnaud
- Paul de Froment
- Thomas Mordelle
Nel: poor Q1 results
This morning, Nel has reported Q1 2025 revenue at NOK155m (-63% QoQ, -44% YoY), 37% below cons. at NOK245m. The quarter was impacted by temporary production halts, with a significant slowdown in the alkaline division negatively impacting (-69% YoY) the scale and the revenue mix. EBITDA loss stood a
- ABGSC Renewable Energy Research
- Åsne Holsen
- Daniel Vårdal Haugland
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...
- Martin Huseby Karlsen
Nel (Sell, TP: NOK1.50) - No signs of life on the horizon
With no meaningful orders secured since late 2022, weak backlog coverage for 2025e, production facility shut-ins, an uncertain market outlook, and further uncertainties related to its US expansion plans, challenging times are set to remain. While we are in line with consensus ahead of the Q1 report, our 2025e revenues and EBTIDA are 30% and 52% below consensus, respectively, with weak backlog coverage even on our estimates. Focus ahead should be on maintaining the liquidity runway and any equity...
- ABGSC Renewable Energy Research
- Daniel Vårdal Haugland
- Stian Wibstad
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, ...
- ABGSC Renewable Energy Research
- Åsne Holsen
- Daniel Vårdal Haugland
Hexagon Purus receives first order from MCV for delivery of hydrogen ...
Hexagon Purus receives first order from MCV for delivery of hydrogen fuel storage systems (Oslo, 15 April 2025) Hexagon Purus, a world leading manufacturer of zero emission mobility and infrastructure solutions, has received its first purchase order for the delivery of next generation hydrogen fuel storage systems from MCV, a leading bus manufacturer in Middle-East and Africa, worth approximately EUR 2.4 million. Hexagon Purus’ hydrogen fuel storage systems will be delivered in 2025 for use onboard MCV’s hydrogen fuel-cell electric buses targeted for the European public transportation mar...
Hexagon Purus ASA: Notice of Annual General Meeting
Hexagon Purus ASA: Notice of Annual General Meeting The Annual General Meeting of Hexagon Purus ASA will be held on 25 April 2025 at 11:30 CET at the offices of law firm Schjødt, Tordenskiolds Gate 12, Oslo, Norway. Please find attached the notice of the Annual General Meeting with attendance/proxy forms and the Board of Directors' proposed resolutions for the Annual General Meeting.All documents related to the Annual General Meeting are available at Shareholders should note that additional information on proceedings of the meeting may be given and announced on the company's website a...
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