Hexagon Composites ASA 2025 AR2
The report highlights Hexagon's navigation of macroeconomic headwinds and a cyclical downturn in 2025, resulting in revenues of NOK 3.0 billion and EBITDA of NOK 158 million. Despite these challenges, the company achieved an all-time high in its refuse segment, driven by growing demand for renewable natural gas (RNG) fuel systems. Hexagon completed the acquisition of SES Composites to strengthen its European footprint and launched a group-wide cost and cash optimization program, including a 25% workforce reduction. Additionally, the company made significant progress in safety, achieving a 72% reduction in recordable work-related injuries, and had its science-based emissions targets validated by the SBTi.
Company: Hexagon Composites ASA
Sector: Industrials
Country: Norway
Year: 2025
Type: AR2
Pages: 247
Hexagon Composites ASA
Annual Report
The report highlights Hexagon's navigation of macroeconomic headwinds and a cyclical downturn in 2025, resulting in revenues of NOK 3.0 billion and EBITDA of NOK 158 million. Despite these challenges, the company achieved an all-time high in its refuse segment, driven by growing demand for renewable natural gas (RNG) fuel systems. Hexagon completed the acquisition of SES Composites to strengthen its European footprint and launched a group-wide cost and cash optimization program, including a 25% workforce reduction. Additionally, the company made significant progress in safety, achieving a 72% reduction in recordable work-related injuries, and had its science-based emissions targets validated by the SBTi.
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Document Details
Report Year
2025
Reporting Period
Jan 1, 2025 - Dec 31, 2025
Fiscal Year
2025
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees