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Q4 2022 highlights: Revenue grew 44% year over year to NOK 372 million, driven by strong demand in hydrogen distribution applications. Full year revenue grew by 90% from NOK 508 million to NOK 964 million. Exited the quarter with total backlog of approximately NOK 1 billion. ...
The global demand for zero-emission commercial vehicles is rising as the world is becoming ever more committed to combatting climate change. Hexagon Purus, with its purpose to help drive energy transformation through zero emission solutions, announces the opening of its new engineering and manufa...
(Oslo, Norway, 18 April 2023) Hexagon Purus Systems USA LLC, a subsidiary of Hexagon Purus ASA (“Hexagon Purus”), a world leading manufacturer of zero emission mobility and infrastructure solutions, has signed a multi-year agreement for the supply of lithium-ion battery cells with P...
Reference is made to the announcement made by the Oslo Stock Exchange on 27 March 2023 regarding approval of the listing of the shares in Hexagon Purus ASA (the " Company ") on the Oslo Stock Exchange's main market. The first day of trading of the Company’s shares on the Oslo Stock Exc...
(Oslo, Norway, 15 March 2023) With reference to the stock exchange release on 1 March 2023, Hexagon Purus, a world leading manufacturer of zero emission mobility and infrastructure solutions, has signed a distribution agreement with Hino Motors Sales U.S.A., Inc. (“Hino”) where Hexa...
(Oslo, Norway, 6 March 2023) Hexagon Purus ASA, a world leading manufacturer of zero emission mobility and infrastructure solutions, announces that Dilip Warrier, Chief Financial Officer (CFO), is transitioning to the new role of Executive Vice President, Strategic Projects with immediate effect....
(Oslo, Norway, 1 March 2023) Hexagon Purus (“the Company”), a world leading manufacturer of zero emission mobility and infrastructure solutions, is in advanced discussions with Hino Trucks for a long-term distribution agreement under which Hexagon Purus expects to produce complete b...
Summary Hexagon Composites including stock listed Purus business keeps growing at impressive rates. However, margins came under pressure. This article updates my initial coverage and reiterates my tilt towards owning Hexagon. This is the first follow-up article to my initial...
(Oslo, Norway, 14 February 2023) Hexagon Purus, a world leading manufacturer of zero-emission mobility and infrastructure solutions, has been selected as supplier of hydrogen cylinders for the third year in a row by New Flyer, North America’s largest mass mobility solutions provider. New F...
(Oslo, 9 February 2023) Hexagon Purus, through its wholly owned subsidiary Wystrach GmbH (“Wystrach”), a leading hydrogen systems supplier, has received an order for mobile hydrogen refueling stations and stationary storage from Deutsche Bahn, a leading provider of mobility and logi...
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Advanced Clean Transportation (ACT) Expo, Las Vegas, Wednesday 22 May: Hexagon Purus is pleased to announce it will be supplying components to Toyota North America (TMNA) for serial production of its heavy-duty fuel cell electric powertrain kits. Hexagon Purus will be providing a full hydrogen ...
Las Vegas, NV, May 20, 2024 – Today at the Advanced Clean Transportation (ACT) Expo , Hexagon Purus in partnership with Hino Trucks , proudly announces the launch of Tern, a dedicated zero-emission truck brand along with their inaugural vehicle model, ...
Selected key developments in Q4 2023 and after balance sheet date: Revenue of NOK 366 million in the fourth quarter of 2023. Full-year 2023 revenue ended at NOK 1,320 million, up 37% year-over-year; EBITDA ended at NOK -129 million in the fourth quarter of 2023. Full-year 2023 EB...