Hexagon Composites ASA (OSL:HEX)

Norway flag Norway · Delayed Price · Currency is NOK
8.61
-0.07 (-0.81%)
Jun 19, 2026, 12:13 PM CET
Market Cap2.78B -18.4%
Revenue (ttm)2.71B -43.9%
Net Income-521.36M
EPSn/a
Shares Out 320.29M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume268,624
Open8.60
Previous Close8.68
Day's Range8.51 - 8.71
52-Week Range6.30 - 20.00
Beta0.69
AnalystsBuy
Price Target11.83 (+37.48%)
Earnings DateAug 6, 2026

About Hexagon Composites ASA

Hexagon Composites ASA, together with its subsidiaries, provides alternative fuel systems and solutions to commercial vehicles and gas distribution companies worldwide. The company operates in Hexagon Agility and Hexagon Digital Wave segments. It offers cylinder testing and monitoring technologies. The company was founded in 1985 and is headquartered in Ålesund, Norway. [Read more]

Founded 1985
Employees 850
Stock Exchange Oslo Børs
Ticker Symbol HEX
Full Company Profile

Financial Performance

In 2025, Hexagon Composites ASA's revenue was 2.95 billion, a decrease of -39.25% compared to the previous year's 4.86 billion. Losses were -1.16 billion, 315.3% more than in 2024.

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for HEX stock is "Buy." The 12-month stock price target is kr 11.83, which is an increase of 37.48% from the latest price.

Price Target
kr 11.83
(37.48% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Hexagon Composites ASA Earnings Call Transcript: Q1 2026

Q1 2026 saw improved profitability, a strengthened balance sheet, and enhanced financial flexibility following a NOK 550 million private placement and refinancing. Revenue was NOK 669 million, EBITDA NOK 57 million, and guidance for 2026 is stable revenue with at least NOK 200 million EBITDA.

6 weeks ago - Transcripts

Hexagon Composites ASA Slides: Q1 2026

Hexagon Composites ASA has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 8, 2026.

6 weeks ago - Filings

Hexagon Composites ASA Earnings Call Transcript: Q4 2025

Q4 2025 saw improved performance, sequential revenue growth, and strong cost actions, despite ongoing market softness. Regulatory clarity and diversification efforts, including new orders in Mexico and space, support cautious optimism for 2026, with profitability expected to improve.

4 months ago - Transcripts

Hexagon Composites ASA Quarterly report: Q4 2025

Hexagon Composites ASA has published its Q4 2025 quarterly earnings report on February 12, 2026.

4 months ago - Filings

Hexagon Composites ASA Slides: Q4 2025

Hexagon Composites ASA has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 12, 2026.

4 months ago - Filings

Hexagon Composites ASA Annual report: Q4 2025

Hexagon Composites ASA has published its Q4 2025 annual report on February 12, 2026.

4 months ago - Filings

Hexagon Composites ASA Earnings Call Transcript: Q3 2025

Q3 saw weak results with NOK 538 million in revenue and -NOK 54 million EBITDA, driven by macroeconomic headwinds and a cyclical downturn. Cost-saving measures, an equity raise, and strategic initiatives aim to secure liquidity and position for future growth.

8 months ago - Transcripts

Hexagon Composites ASA Quarterly report: Q3 2025

Hexagon Composites ASA has published its Q3 2025 quarterly earnings report on November 6, 2025.

8 months ago - Filings

Hexagon Composites ASA Slides: Q3 2025

Hexagon Composites ASA has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on November 6, 2025.

8 months ago - Filings

Hexagon Composites downgraded to Hold from Buy at Pareto

Pareto downgraded Hexagon Composites (HXGCF) to Hold from Buy with a NOK 10 price target

8 months ago - TheFly

Hexagon Composites ASA Slides: Company presentation

Hexagon Composites ASA has posted slides in relation to its latest quarterly earnings report, which was published on September 17, 2025.

9 months ago - Filings

Hexagon Composites ASA Earnings Call Transcript: Q2 2025

Q2 results reflect macroeconomic challenges, with revenues at NOK 674 million and EBITDA of NOK 12 million. Cost-saving actions and new orders in Fuel Systems signal emerging momentum, while liquidity remains strong and the company is positioned for growth as markets recover.

11 months ago - Transcripts

Hexagon Composites ASA Quarterly report: Q2 2025

Hexagon Composites ASA has published its Q2 2025 quarterly earnings report on August 14, 2025.

11 months ago - Filings

Hexagon Composites ASA Slides: Q2 2025

Hexagon Composites ASA has posted slides in relation to its Q2 2025 quarterly earnings report, which was published on August 14, 2025.

11 months ago - Filings

Hexagon Composites ASA Earnings Call Transcript: Q1 2025

Q1 2025 delivered steady results with NOK 912 million in revenue and strong growth in fuel systems and refuse, offset by a decline in mobile pipeline. Guidance for 2025 is paused due to macro uncertainty, but long-term growth targets remain intact.

1 year ago - Transcripts

Hexagon Composites ASA Quarterly report: Q1 2025

Hexagon Composites ASA has published its Q1 2025 quarterly earnings report on May 15, 2025.

1 year ago - Filings

Hexagon Composites ASA Slides: Q1 2025

Hexagon Composites ASA has posted slides in relation to its Q1 2025 quarterly earnings report, which was published on May 15, 2025.

1 year ago - Filings

Hexagon Composites ASA Earnings Call Transcript: Q4 2024

Record Q4 2024 results with 21% revenue growth and 17% EBITDA margin, driven by strong segment performance and operational improvements. 2025 is expected to be a transition year with growth weighted to the second half, supported by new truck platforms and market recovery.

1 year ago - Transcripts

Hexagon Composites ASA Annual report: Q4 2024

Hexagon Composites ASA has published its Q4 2024 annual report on February 13, 2025.

1 year ago - Filings

Hexagon Composites ASA Quarterly report: Q4 2024

Hexagon Composites ASA has published its Q4 2024 quarterly earnings report on February 13, 2025.

1 year ago - Filings

Hexagon Composites ASA Slides: Q4 2024

Hexagon Composites ASA has posted slides in relation to its Q4 2024 quarterly earnings report, which was published on February 13, 2025.

1 year ago - Filings

Hexagon Composites names Dr. Philipp Schramm as Chief Executive Officer

OSLO, Norway , Dec. 3, 2024 /PRNewswire/ -- The Board of Directors of Hexagon Composites (OSE: HEX.OL) is pleased to announce the appointment of Dr. Philipp Schramm as Chief Executive Officer, effecti...

1 year ago - PRNewsWire

Hexagon Composites ASA Earnings Call Transcript: Q3 2024

Q3 2024 delivered record EBITDA and strong revenue growth, driven by operational efficiencies and robust demand in RNG and Mobile Pipeline segments. Guidance for 2024 EBITDA was raised, and the company is well-positioned for continued growth with a completed production ramp-up and new CEO joining in 2025.

1 year ago - Transcripts

Hexagon Composites ASA Quarterly report: Q3 2024

Hexagon Composites ASA has published its Q3 2024 quarterly earnings report on November 7, 2024.

1 year ago - Filings

Hexagon Composites ASA Slides: Q3 2024

Hexagon Composites ASA has posted slides in relation to its Q3 2024 quarterly earnings report, which was published on November 7, 2024.

1 year ago - Filings