Hexagon Composites ASA: First quarter 2024
"Hexagon Agility's Mobile Pipeline distribution business delivered record results for the eighth quarter in a row, offsetting a softer quarter for the other businesses," says
Outlook
Demand for natural gas trucks is expected to ramp up from the second half of 2024 with the new 15-liter engine becoming widely available. Continued growth is also expected in the Mobile Pipeline business, mainly driven by increased production of renewable natural gas (RNG). Hexagon Agility's capacity expansion program is timed to support strong growth through 2025 and beyond.
Hexagon Ragasco's smart Linktra® LPG (liquid petroleum gas) cylinder was launched in April by Linde in
The Company is on track to deliver on its 2025 targets of more than
For further details, please see the attached first quarter 2024 report and presentation.
Presentation of the results today at 08:30 am CEST
The presentation will also be broadcast live via: https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20240508_6
For more information:
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com
Karen Romer,
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com
About
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 www.hexagongroup.com and follow @HexagonASA on X and LinkedIn.
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https://news.cision.com/hexagon-composites-asa/r/hexagon-composites-asa--first-quarter-2024,c3975463
The following files are available for download:
HEX Q1 2024 Report |
|
https://mb.cision.com/Public/22853/3975463/ac7487b1ab8c071f.pdf |
HEX Q1 2024 Presentation |
View original content:https://www.prnewswire.co.uk/news-releases/hexagon-composites-asa-first-quarter-2024-302139232.html