Hexagon Composites ASA: Third quarter 2026
Key Highlights
- ➤Revenue NOK 929 million, up from NOK 538 million year-over-year
- ➤EBITDA NOK 108 million versus NOK -54 million in Q3’25
- ➤EBITDA margin reached 12%, improving from negative 10% year-over-year
- ➤Full-year EBITDA guidance around NOK 300 million reaffirmed, with confidence toward high side
Expert Statements
Philipp Schramm, CEO of Hexagon Composites
“This quarter marks a significant step-up year-over-year, delivering our strongest quarterly performance since the record fourth quarter of 2024.”
Philipp Schramm, CEO of Hexagon Composites
“Over the past year, we have built a stronger foundation for our next phase of growth. We have entered new regions, consolidated markets and delivered into exciting new verticals such as aerospace and data centers. Alongside this important progress, we have also improved our financial strength, with a strong free cash flow conversion, and are well on track to deliver on our full-year targets.”
Hexagon Composites ASA 6 November 2026: Hexagon Composites (OSE: HEX.OL), world leader in composite cylinder technology and related systems for storage and transportation of gaseous energy, reported revenues of NOK 929 million for third quarter 2026 (Q3’25: 538 million). The reported EBITDA was NOK 108 million (Q3’25: NOK -54 million), resulting in a 12% EBITDA margin (Q3’25: -10%).
“This quarter marks a significant step-up year-over-year, delivering our strongest quarterly performance since the record fourth quarter of 2024,” said Philipp Schramm, CEO of Hexagon Composites. “Over the past year, we have built a stronger foundation for our next phase of growth. We have entered new regions, consolidated markets and delivered into exciting new verticals such as aerospace and data centers. Alongside this important progress, we have also improved our financial strength, with a strong free cash flow conversion, and are well on track to deliver on our full-year targets.”
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