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    HPOL B   SE0007074281

HEXPOL AB (PUBL)

(HPOL B)
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HEXPOL : Insurance compensation for fire in Jonesborough

09/27/2021 | 06:31am EST

The insurance case related to the fire that broke out on January 7, 2021 in our facility in Jonesborough, TN, USA has now been closed. Total insurance coverage amounts to 74 MUSD, of which 10 MUSD was paid in April 2021. The balance of 64 MUSD will be paid to HEXPOL before the end of October. The costs for the fire are estimated at approx. 25 MUSD.

Above transactions will affect operating profit as non-recurring items.

For more information, please contact:

Peter Rosén, Deputy CEO and CFO
+46 (0)73 656 49 34
 

HEXPOL is a world-leading polymers group with strong global positions in advanced polymer compounds (Compounding), gaskets for plate heat exchangers (Gaskets), and plastic and rubber materials for truck and castor wheel applications (Wheels). Customers are primarily systems suppliers to the global automotive and engineering industry, construction industry, the energy, oil and gas sector, medical equipment manufacturers and OEM manufacturers of plate heat exchangers and forklifts. The Group is organised in two business areas, HEXPOL Compounding and HEXPOL Engineered Products. The HEXPOL Group's sales in 2020 amounted to 13,424 MSEK. The HEXPOL Group has approximately 4,600 employees in fourteen countries. Further information is available at www.hexpol.com. 

https://news.cision.com/hexpol/r/insurance-compensation-for-fire-in-jonesborough,c3422102

https://mb.cision.com/Main/1100/3422102/1473570.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2021 15 912 M 1 744 M 1 744 M
Net income 2021 2 148 M 235 M 235 M
Net Debt 2021 982 M 108 M 108 M
P/E ratio 2021 17,7x
Yield 2021 2,44%
Capitalization 37 061 M 4 049 M 4 061 M
EV / Sales 2021 2,39x
EV / Sales 2022 2,11x
Nbr of Employees 4 697
Free-Float 74,6%
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Technical analysis trends HEXPOL AB (PUBL)
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Mean consensus OUTPERFORM
Number of Analysts 4
Last Close Price 110,55 SEK
Average target price 116,00 SEK
Spread / Average Target 4,93%
EPS Revisions
Managers and Directors
Carl Georg Brunstam President & Chief Executive Officer
Peter Karl RosÚn Chief Financial Officer, Deputy CEO & Manager-IR
Alf G÷ran G÷ransson Chairman
Carsten RŘter President-Global Purchasing & Technology
Eva Christina Malin Persson Independent Director
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