Hexagon Composites (HXGCF) has released an update.
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Hexagon Composites reported a strong third quarter with revenues reaching NOK 1,250 million and a record-high EBITDA of NOK 184 million, driven by increased heavy-duty truck activity and operational efficiency. The company anticipates continued growth fueled by global decarbonization targets and rising demand for renewable natural gas (RNG) solutions in heavy-duty transport.
For further insights into HXGCF stock, check out TipRanks’ Stock Analysis page.