Hexagon Composites ASA: Third quarter 2024
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Outlook
Complemented by a healthy backlog of orders, we expect
In the years ahead, global decarbonization targets and the economic competitiveness of compressed renewable natural gas (RNG) are expected to drive the growth and higher volumes for our Mobile Pipeline and fuel systems businesses.
Hexagon Agility's order book is expanding with customers new to RNG trucking. The new orders include over 30 leading Class 8 fleets of which 40% are new adopters of RNG. The breadth of fleets piloting and placing new orders, and the continued high quoting activity, signifies that the market is embracing this technology as expected.
The anticipated rise in demand for sustainable solutions in heavy-duty transport and gas distribution, lays a strong foundation for Hexagon's future success.
For further details, please see the attached third quarter 2024 report and presentation.
Presentation of the results today at
The presentation will also be broadcast live via: https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20241107_3
For more information:
Telephone +47 920 91 483 I david.bandele@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 and industrial 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--third-quarter-2024,c4062558
The following files are available for download:
HEX Q3 2024 Report |
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https://mb.cision.com/Public/22853/4062558/9a11e956371b095c.pdf |
HEX Q3 2024 Presentation |
View original content:https://www.prnewswire.co.uk/news-releases/hexagon-composites-asa-third-quarter-2024-302298411.html