From GlobeNewswire:

Key developments for Hexagon Purus in Q4 2023 and beyond include a Q4 revenue of NOK 366 million, up 37% from the previous year, with increased activity in mobility applications and hydrogen infrastructure solutions. The company also secured strategic investments, extended key agreements, and received purchase orders worth millions of euros. Despite challenges, Hexagon Purus aims for revenue growth of at least 50% in 2024 and reaching a target of NOK 4-5 billion in revenue by 2025. The company also expects significant improvements to EBITDA margin in 2024 and aims to achieve EBITDA break-even in 2025.



Read more: Results for the fourth quarter 2023