Hexagon Composites ASA

Oslo Stock Exchange HEX.OL

Hexagon Composites ASA Operating Cash Flow for the year ending December 31, 2023: USD 37.61 M

Hexagon Composites ASA Operating Cash Flow is USD 37.61 M for the year ending December 31, 2023, a 274.19% change year over year. Operating cash flow is cash generated from the company’s regular business operations.

Hexagon Composites ASA Operating Cash Flow for the year ending December 31, 2022 was USD 10.05 M, a 125.75% change year over year.
Hexagon Composites ASA Operating Cash Flow for the year ending December 31, 2021 was USD -39.04 M, a -246.16% change year over year.
Hexagon Composites ASA Operating Cash Flow for the year ending December 31, 2020 was USD 26.71 M, a 58.57% change year over year.
Hexagon Composites ASA Operating Cash Flow for the year ending December 31, 2019 was USD 16.84 M, a -5.76% change year over year.

Key data

Date	Operating Cash Flow	Net Cash Used For Investing Activities	Net Cash Used Provided By Financing Activities	Dividends Paid

Oslo Stock Exchange: HEX.OL

Hexagon Composites ASA

CEO	Mr. Morten Holum
IPO Date	Jan. 3, 2000
Location	Norway
Headquarters	Korsegata 4B
Employees	1,149
Sector	Utilities
Industries Gas Automobiles & Vehicles Composite Materials Electric Vehicles (EVs) Petrochemicals Utilities

Description

Hexagon Composites ASA, together with its subsidiaries, produces and sells composite pressure cylinders and fuel systems in Norway, Europe, North America, South-East Asia, the Middle East, and internationally. The company operates through Hexagon Agility & CNG LDV, Hexagon Purus, Hexagon Digital Wave, and Hexagon Ragasco LPG segments. The Hexagon Agility & CNG LDV segment provides clean fuel solutions for commercial vehicles, passenger vehicles, and gaseous energy transportation. Hexagon Purus segment provides high pressure cylinders, vehicle systems, and battery backs for fuel cell and battery electric vehicles. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology solutions that reduce down-time and inspection costs while improving inspection accuracy. The Hexagon Ragasco LPG segment manufacturers composite liquefied petroleum gas (LPG) cylinders for leisure, household, and industrial applications. Hexagon Composites ASA was incorporated in 1985 and is headquartered in Ålesund, Norway.

Key trends

Past 5 years