Hexagon Composites Posts NOK 929 Million Q3 Revenue and Reconfirms Full-Year EBITDA Guidance

Hexagon Composites reported third-quarter 2026 revenues of NOK 929 million, up from NOK 538 million a year earlier, and EBITDA of NOK 108 million against a loss of NOK 54 million, PR Newswire said. The Norwegian maker of composite cylinders for gas storage and transport reconfirmed full-year EBITDA guidance of around NOK 300 million.

Hexagon Composites' Quarterly Profit Turnaround

Hexagon Composites ASA designs and manufactures Type 4 carbon fiber composite cylinders and integrated fuel systems for commercial vehicle fleets, mobile pipeline gas distribution and industrial gas applications, serving customers through its Hexagon Agility subsidiary, according to company records.

The EBITDA result equates to a 12% margin, compared with -10% in the third quarter of 2025. CEO Philipp Schramm said: "This quarter marks a significant step-up year-over-year, delivering our strongest quarterly performance since the record fourth quarter of 2024." Schramm said the company had entered new regions, consolidated markets and delivered into new verticals such as aerospace and data centers over the past year.

Hexagon Composites reconfirmed its full-year EBITDA guidance of around NOK 300 million, with confidence in delivering toward the high side, citing progress in the first three quarters, a stronger financial position and normalizing demand in key markets. Schramm and CFO Eirik Løhre presented the results at 08:30 am CET on November 6, 2026, in a virtual event followed by a Q&A session.

Hexagon Composites' Funding and Aerospace Order

Hexagon Composites completed an oversubscribed NOK 550 million private placement in May 2026 and amended bank facilities to a Q2 2029 maturity to reduce leverage and covenant risk, according to akta.pro company records. In February 2026 the company received an inaugural USD 7 million order for high-pressure Type 4 cylinders in commercial aerospace applications. The same records list full-year 2025 revenue of NOK 2,955 million, including NOK 831 million in the fourth quarter.

Earlier Hexagon Composites Results

Hexagon Composites reported second-quarter 2026 revenues of NOK 627 million, down from NOK 674 million a year earlier, while EBITDA rose to NOK 69 million from NOK 12 million, Seeking Alpha reported. Investing.com reported that the company raised its 2026 EBITDA guidance to around NOK 300 million from over 200 million NOK on August 6, 2026. On September 25, 2026, JPMorgan Chase crossed the 5% notification threshold in Hexagon Composites with a 5.02% stake, The future of trading reported.

Hexagon Composites' Next Results Date

Hexagon Composites said it will publish its third quarter 2026 financial results on 6 November 2026 at 07:00 am CET, PR Newswire reported in October 2026. The quarterly report, presentation and webcast recording are available at hexagongroup.com.