Hexagon Purus ASA
Key developments in Q1 2026 and after balance sheet date:
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Revenue and other income of NOK 405 million in the first quarter of 2026, 76% higher compared to same period last year. This includes a NOK 134m extraordinary gain related to the sale of the U.S. aerospace business and deconsolidation of the China JV following the financing agreement with CIMC Enric;
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EBITDA of NOK 2 million (0% margin) in the first quarter of 2026, compared to NOK -242 million (-105% margin) in the same period last year;
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Completed the divestment of the U.S. aerospace business to SpaceX;
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Received orders worth EUR 6.2 million for delivery of hydrogen distribution units to a leading European energy company;
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Signed financing agreement with CIMC Enric for the Chinese joint venture; and
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Exited the quarter with order backlog consisting of firm purchase orders of approximately NOK 463…