en.Wedoany.com Reported - Hexagon Composites (OSE: HEX.OL), a Norway-based supplier of composite cylinder technology and clean gas energy storage and transportation systems, released its Q2 2026 results. During the reporting period, the company posted revenue of NOK 627 million, compared with NOK 674 million in the same period of 2025; reported EBITDA rose to NOK 69 million, a significant increase from NOK 12 million in the same period of 2025, with the EBITDA margin climbing from 2% to 11%.

Hexagon Composites CEO Philipp Schramm stated that the company's profitability has improved significantly following the completion of its cost reduction program, core business segments have maintained positive momentum, and the company secured its largest order to date, with Mobile Pipeline technology established as a key solution for powering data center electricity generation. First-half revenue stood at NOK 1.296 billion, compared with NOK 1.586 billion in the same period of 2025. The revenue change was primarily driven by strong performance in the Fuel Systems segment, partially offset by subdued activity in the Mobile Pipeline business ahead of a rebound in the second half of the year. First-half EBITDA reached NOK 126 million, compared with NOK 56 million in the same period of 2025, with an EBITDA margin of 10% (Q2 2025: 4%).

Based on first-half progress, a strengthened financial position, and improved visibility in key markets, the company has raised its full-year EBITDA guidance from above NOK 200 million to approximately NOK 300 million. The company also announced its results presentation arrangements, with CEO Philipp Schramm and CFO Eirik Løhre hosting an online presentation and Q&A session at 8:30 a.m. Central European Summer Time.

Hexagon Composites specializes in the storage, transportation, and conversion of clean energy, with operations spanning mobile and industrial applications. The financial information disclosed in this release is considered inside information under the EU Market Abuse Regulation.