Hexagon Composites Reports Stronger Q3 2026 Results in Composite Gas Cylinder Market

Original source date: 6 November 2026

Hexagon Composites reported third-quarter 2026 revenue of NOK 929 million, compared with NOK 538 million in the same period of 2025. Reported EBITDA rose to NOK 108 million from a loss of NOK 54 million, according to the company’s 6 November stock-exchange announcement.

The manufacturer supplies high-pressure composite cylinders and associated systems for gas storage and transportation. Management highlighted expansion into new regions and applications, including aerospace and data centres, alongside improved operating performance.

For the composites supply chain, the results offer a current indication of business conditions in pressure-vessel and gaseous-energy applications. Financial growth should not, however, be taken as evidence of a corresponding increase in glass-fibre or resin consumption without product-level volume data.

Original source: https://hexagongroup.com/news/hexagon-composites-asa-third-quarter-2026