FilingReader Intelligence

Hexagon Purus revenue plunges 63% amid strategic overhaul

July 17, 2025 at 02:02 PM UTCBy FilingReader AI

Hexagon Purus reported Q2 2025 revenue of NOK 193 million, a 63% year-over-year decrease due to lower hydrogen infrastructure and heavy-duty mobility activity.

EBITDA worsened to NOK -161 million from NOK -97 million previously. The company secured an order backlog of nearly NOK 1.1 billion and raised its annualized cost reduction target from NOK 200 million to NOK 350 million.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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