Company Hexagon Composites ASA

Equities

HEX

NO0003067902

Industrial Machinery & Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

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Holdings

Company contact information

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Sales per Business

Sales per region

Ratings for Hexagon Composites ASA

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Industrial Machinery & Equipment

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-04-18 am EDT			5-day change	1st Jan Change
17.5 ^NOK	+1.27%		-6.72%	-39.40%

Apr. 16	Hexagon Composites CEO/President to Step Down	MT
Apr. 16	Hexagon Composites Announces Resignation of Jon Erik Engeset as Group President	CI

Hexagon Composites ASA is a Norway-based composite cylinder technology company. The Company enables the safe delivery of clean energy in gaseous form to homes and industries and decarbonizes transportation on land and at sea. Hexagon is organized into four business areas: Hexagon Agility, Hexagon Ragasco, Hexagon Digital Wave and Hexagon Purus. Hexagon Agility is a global provider of clean fuel solutions for commercial vehicles and gas transportation solutions. Hexagon Ragasco is the manufacturer of composite liquefied petroleum gas (LPG) cylinders for leisure, household and industrial applications. Hexagon Digital Wave is engaged in cylinder testing and monitoring technologies, offering solutions that reduce down-time and inspection costs while improving inspection accuracy. Hexagon Purus is offers solutions within key technologies needed for zero emission mobility.

Number of employees: 1,711

NOK in Million	2022	Weight	2023	Weight	Delta
Hexagon Agility 83.3 %	3,478	70.5 %	4,321	83.3 %	+24.23%
Hexagon Ragasco 13.1 %	706	14.3 %	679	13.1 %	-3.90%
Hexagon Digital Wave 3.4 %	116	2.4 %	179	3.4 %	+54.07%
Corporate/Elimination 0.2 %	3	0.1 %	8	0.2 %	+216.58%

NOK in Million	2022	Weight	2023	Weight	Delta
North America 69.1 %	2,567	52.0 %	3,582	69.1 %	+39.55%
Europe 24.3 %	2,065	41.9 %	1,263	24.3 %	-38.85%
South-east Asia 3.3 %	105	2.1 %	170	3.3 %	+61.33%
Africa 1.2 %	-	-	60	1.2 %	-
Norway 1.0 %	59	1.2 %	54	1.0 %	-8.73%
Oceania 0.7 %	-	-	34	0.7 %	-
South America 0.5 %	105	2.1 %	24	0.5 %	-77.39%

Managers	Title	Age	Since
Jon Erik Engeset CEO	Chief Executive Officer	-	13-08-04
David Bandele DFI	Director of Finance/CFO	53	14-01-05
Hans Peter Havdal COO	Chief Operating Officer	60	23-03-05
Ingrid Aarsnes IRC	Investor Relations Contact	-	-
Ashley Remillard LAW	General Counsel	-	18-12-31
Richard Rashilla PRN	Corporate Officer/Principal	-	19-12-31
Geir Jostein Torset AUD	Comptroller/Controller/Auditor	60	05-09-30
Kristin Waatland Kestler PRN	Corporate Officer/Principal	-	-

Members of the board	Title	Age	Since
Knut Trygve Flakk CHM	Chairman	64	-
Kristine Landmark BRD	Director/Board Member	70	11-04-13
Sam Gabbita BRD	Director/Board Member	50	22-08-31
Liv Dingsør BRD	Director/Board Member	46	22-08-31
Katsunori Mori BRD	Director/Board Member	-	16-11-01
Liv Astri Hovem BRD	Director/Board Member	-	-

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	201,619,712	120,884,731 ( 59.96 %)	1,379,853 ( 0.6844 %)	59.96 %

Name	Equities	%	Valuation
MITSUI & CO., LTD. 22.73 %	45,833,321	22.73 %	79 M kr
Knut Trygve Flakk 12.32 %	24,837,421	12.32 %	43 M kr
MP Pensjon PK 5.778 %	11,648,762	5.778 %	20 M kr
Brødr. Bøckmann AS 2.694 %	5,430,745	2.694 %	9 M kr
Ktf Finans AS 2.480 %	5,000,000	2.480 %	9 M kr
SAGA Asset Management AS 2.310 %	4,658,000	2.310 %	8 M kr
Storebrand Asset Management AS 2.304 %	4,644,755	2.304 %	8 M kr
Folketrygdfondet 1.909 %	3,849,235	1.909 %	7 M kr
Nordea Investment Management AB (Norway) 1.053 %	2,123,699	1.053 %	4 M kr
KLP Kapitalforvaltning AS 0.8698 %	1,753,608	0.8698 %	3 M kr

Name	Equities	%	Valuation
HEXAGON PURUS ASA 68.39%	189,300,496	68.39%	109,657,991 $
HEXAGON COMPOSITES ASA 0.69%	1,400,191	0.69%	2,427,735 $

Hexagon Composites ASA

Korsegata 4B

6002, Ålesund

+47 70 30 44 50

http://hexagongroup.com

Name	Category and Sector
Hexagon Raufoss AS Hexagon Raufoss AS Industrial MachineryProducer Manufacturing Part of Hexagon Composites ASA, Hexagon Raufoss AS is a private company that manufactures gas and fuel cylinders. The company is based in Raufoss, Norway.	Industrial Machinery
Hexagon Ragasco AS Hexagon Ragasco AS Industrial MachineryProducer Manufacturing Part of Hexagon Composites ASA, Hexagon Ragasco AS is a Norwegian company committed to quality, safety, and innovation for composite LPG cylinders. The private company is based in Raufoss, Norway. The company has an industry-leading safety record and over two decades of experience. The company was founded in 1996. The CEO is Skjalg Sylte Stavheim.	Industrial Machinery

Name

Category and Sector

Industrial Machinery

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ESG Refinitiv

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Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

17.5 NOK

Average target price

33 NOK

Spread / Average Target

+88.57%

Consensus

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Industrial Goods

Machinery, Equipment & Components

Industrial Machinery & Equipment

Other Industrial Machinery & Equipment

	1st Jan change	Capi.
HEXAGON COMPOSITES ASA	-39.40%	315M
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