Annual Report

The report describes a difficult 2015 for Hexagon Composites: lower Mobile Pipeline sales and cost adjustments accompanied solid heavy-duty and transit-bus performance. Group operating income was NOK 1,443.9 million and EBITDA was NOK 100.1 million, while fourth-quarter cost initiatives exceeded NOK 70 million. The company launched next-generation all-carbon cylinders and expanded LPG sales into new markets. Its CSR section reports environmental improvements and discusses workforce safety and gender equality.