Hexagon Purus AS

Tutkaileppa varastoja tarkemmin (eli rivi Inventories)… Cash- eli käteisriviä voi myös tsekkailla ja selvitellä mitä on tapahtunut.

Velkojen kehitys meni oikein!

Oslo (TDN Direkt): Hexagon Composites achieved a profit before tax of NOK -42 million in the fourth quarter of 2020, compared with a profit before tax of NOK 4 million in the same period last year. This is stated by the company in the quarterly report on Wednesday. Operating profit was NOK 7 million in the quarter (36), of operating revenues of NOK 803 million (941). Ebitda amounted to NOK 69 million in the quarter (98).

Oslo (TDN Direkt): Hexagon expects the first quarter of 2021 to be weak in the onshore oil and gas sector in North America. Hexagon writes in the company’s quarterly report on Wednesday. “Despite the weak quarter, the onshore North American oil and gas sector is recovering, which is expected to benefit the Mobile Pipeline,” the company said in the report. In the third quarter report, it was stated that Hexagon Composites saw low activity in the oil and gas sector on land in North America, which led to postponements of investments into 2021 (TDN article 6 November 2020). Furthermore, the company writes in the fourth quarter report that production from their key customer Volkswagen is expected to fall significantly in the first quarter of 2021, partly as a result of the covid-19 pandemic and temporary supply problems of semiconductors. The consequence of this is what the company expects will be a negative impact in the short term within Hexagon’s CNG LDV segment. Within LPG, Hexagon Ragasco expects strong seasonal demand from the European leisure market in the first half of 2021. The company also reiterates its ambition to double its turnover in the Ragasco business area by 2025.

Oslo (TDN Direkt): Although Hexagon does not see any direct competitor to the company’s digital investment Digital Wave, the company will consider acquisitions and mergers on an ongoing basis. This is what CEO Jon Erik Engeset of Hexagon says at the company’s quarterly presentation for the fourth quarter on Wednesday. - We see no direct competitor to Digital Wave yet. We have a first mover advantage, because even though the key technology is relatively well known, we are the first to use it in such a unique way, says the CEO. Although it appears from the presentation that Digital Wave only accounts for approximately 2 percent of the group’s revenues as a whole in 2020, both the CEO and CFO David Bandele express optimism about the new investment going forward. The CFO says during the presentation that the construction of Digital Wave already delivers profitable products. In 2021, Digital Wave will develop new business models that will incorporate: Internet of Things (IoT) and real-time monitoring of the condition of tank systems, extending service life and improving the circular economy of the industry as well as maintenance and rental models. - Some operational investments will be required to realize the opportunities, but seen at group level, these are moderate in size, says the CFO. During the question session, the CEO is asked if acquisitions and mergers (M&A) are on the table to deliver on the company’s goals in terms of Digital Wave. - M&A is definitely something we want to look at, and especially at companies that possess key technology that we want and that we can build on, Engeset answers.

Käännökset Google translate Norja->Englanti

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https://hexagongroup.com/press/hexagon-purus-selected-for-hydrogen-fuel-cell-project-for-construction-equipment/

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Hexagon Purus signs Joint Venture agreements with CIMC Enric for China and Southeast Asia, the world’s largest zero emission hydrogen vehicle and distribution market

https://newsweb.oslobors.no/message/526574

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Muutamat tilaukset:

https://newsweb.oslobors.no/message/527774

https://newsweb.oslobors.no/message/527982

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Tästähän oli jo hajua täällä aikaisemmin:

Hexagon Purus selected by Nikola Corporation to supply hydrogen cylinders for serial production

https://newsweb.oslobors.no/message/531565

multi-year period with an estimated sales value in excess of EUR 200 million.

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Yhteistyö uutisia.

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https://hexagongroup.com/press/hexagon-purus-enters-partnership-with-velocity-vehicle-group-supplying-zero-emission-medium-duty-commercial-vehicles-based-on-the-freightliner-m2-chassis-in-california/

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Hexagon Purus has received an order for hydrogen storage systems for KEYOU, a Munich, Germany-based clean mobility company. Hexagon Purus will supply hydrogen storage systems for KEYOU’s H2 combustion engine DEMO Bus with a leading European OEM and its DEMO truck project.

Driving the energy transformation

KEYOU has redesigned the traditional internal combustion engine enabling it to run on hydrogen as sustainable and clean fuel, bringing about a large leap in propulsion development. The company has succeeded in developing an emission-free, yet cost-effective hydrogen drive for commercial vehicles – without compromising performance, capacity or range.

“KEYOU and Hexagon Purus share a common vision and a common interest – to drive the energy transition and achieve clean air everywhere,” says Michael Kleschinski, EVP Hexagon Purus. “As more European countries and cities announce strategic policies to promote the decarbonization of mobility, more commercial vehicles—especially city buses and heavy-duty trucks—will be rapidly transitioned. KEYOU is dedicated to accelerating this development, and we are pleased to be a part of this exciting project.”

“Hexagon Purus is a global leader and expert for hydrogen storage and tank systems with over 50 years of experience in high-pressure technology. Since hydrogen storage is an integral part of our technology, we’re glad to have such a strong partner supporting us to realize our two prototype vehicles,” says Thomas Korn, CEO, and co-founder of KEYOU.

Onko kukaan perillä KEYOU firmasta, itse en ole tuollaisesta kuullutkaan aikaisemmin.
Näyttää raskaan puolen tekijä olevan.
Edit:
Ilmeisesti siis raskaan puolen toimija, pikaisella tutkinnalla ei vaikuta omaan silmään vielä miltään isolta toimijalta. Projekteja löytyy firmalla vetypuolelta jonkin verran. Hexagonin kannalta varmasti todella hyvä juttu. Myös tilaaja vaikuttaa mielenkiintoiselta vetysektorilla.
19-11-21_KEYOU_H2-Engine-Today_TU-Berlin_AS


Kerta kiellon päälle:

2021 Pre series ja 2022 tavoite EOM tuotantoon (kenttätetejä varten)
Jos oikein ymmärsin.

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Sähköpostiin tilattu uutiskirje Purukselta 29.6:

Reference is made to the release from Saga Pure ASA (SAGA), published on 29 June 2021, regarding the acquisition of Hyon and partnering with Nel and Norwegian Hydrogen.

“Hexagon Purus (HPUR) is pleased to see the re-purposed focus for Hyon AS and congratulates Saga Pure ASA on the transaction. The new partnership structure will secure development and supply of a crucial part of the maritime hydrogen value chain with bunkering solutions,” says Morten Holum, CEO Hexagon Purus.

“As announced on 28 June 2021, Hexagon Purus ASA will escalate its efforts in the maritime sector with its new business area, Hexagon Purus Maritime. At the same time, as a significant shareholder in Norwegian Hydrogen, we remain invested in the consortium and look forward to continuing collaborative efforts with Hyon and partners,” concluded Holum.

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Yhtiön q2 ulkona ja hyvältähän tuo näyttää varsinkin liikevaihdon osalta:

Revenue more than doubled year over year to NOK 94m

  • Robust hydrogen distribution activity with Air Liquide global supply
    agreement as well as several purchase orders for cylinders and modules from
    industrial gas companies
  • Signed agreements with Nikola Corporation for the development and supply of
    hydrogen cylinders and with Velocity Vehicle Group to supply integrated
    drivetrains and battery packs for medium duty commercial electric vehicles
  • Established Hexagon Purus Maritime as a separate business area to accelerate
    development efforts in the maritime segment
  • Preparing and executing on several expansion and investment initiatives

In the second quarter of 2021, Hexagon Purus Group generated NOK 94 (46) million
in revenue and recorded operating profit before depreciation (EBITDA) of NOK -69
(-20) million. Revenue growth of 104% was driven by increased activity in
hydrogen distribution and transit bus applications.

Reported revenue for the first half of 2021 grew 54% to NOK 146 (94) million
driven by increased distribution, transit bus and aerospace business while
EBITDA was NOK -131 (-64) million.

Tiedotteessa myös pitkä lista h1 ajan päätapahtumista ja onhan se positiivista luettavaa. Etenkin sopimus Air Liquidin kanssa oli mielestäni suurin kohokohta q2 aikana. Rahaa palaa, mutta sopimuksia syntyy ja liikevaihto kasvaa kuten pitääkin toisin kuin joidenkin vety-yhtiöiden kohdalla, joilla tuntuu vauhti hieman hyytyneen (esim. Mcphy).

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https://www.globenewswire.com/news-release/2021/08/31/2289251/0/en/Class-6-Fuel-Cell-Electric-Truck-powered-by-Hexagon-Purus-and-Ballard-launched-at-ACT-Expo-continuing-the-drive-toward-zero-emission-commercial-transport.html

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Vihdoin jotain uutta tapahtuu:

Hexagon Purus ASA (“Hexagon Purus”), a global leader in zero emission mobility solutions, has entered into an agreement to acquire 100% of Wystrach GmbH (“Wystrach”), a leading European systems and solutions provider for storage and transport of compressed gases (the “Transaction”). The combination brings unprecedented expertise and capacity together to create the vertically integrated industry leader in hydrogen storage solutions.

About Wystrach

Wystrach is a leading European hydrogen systems provider with over 30 years’ experience in high pressure gaseous storage systems
Specializes in the design, manufacturing and assembly of hydrogen systems including steel system structures and high-pressure piping. Wystrach is a long-standing customer of and partner to Hexagon Purus
Recognized as a leading supplier within both the industrial and transportation segments, serving blue chip customers like Air Liquide, Linde, Alstom and Daimler
Recorded revenues of EUR 24.1 million and EBITDA of EUR 2.1 million in FY 2020
Headquartered in Weeze, Germany, with 185 employees
Privately owned by Jochen Wystrach and Wolfgang Wolter (the “Selling Shareholders”)

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Vaikuttaa päällisin puolin hyvältä kaupalta ja tällaista hajanaisen kentän yritysjärjestelyjä onkin odotettu.

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Vaikuttaa strategisesti järkevältä ostokselta!

Otetaan vielä kommentit uutisesta

" “In Hexagon Purus, we believe that progress can’t wait. Together with Wystrach, we share the ambition to lead the industry and contribute to a vision of Clean Air Everywhere . By combining forces, we will have the scale and position to accelerate the transition to hydrogen and in doing so, deliver significant value to customers, shareholders and society going forward,” said Morten Holum, CEO of Hexagon Purus . “The addition of Wystrach supports and accelerates our growth plans in three key respects. It brings highly complementary capabilities, it expands our product portfolio and it adds significant capacity needed to meet industry demand.”

“Today’s market is highly dynamic. It demands strong alliances and brings up new constellations. We have a long history of working with Hexagon Purus and a common understanding of the market and its opportunities. Together we make climate-friendly hydrogen applications a part of everyday life. Hexagon Purus is the right industrial owner to further strengthen Wystrach and the legacy we have built from the ground up,” said Wolfgang Wolter, Co-CEO of Wystrach.

“This combination is a great fit from both a cultural perspective and from a segment expertise and customer perspective. It strengthens our offering and gives us the capacity and additional expertise to support customers in their transition to sustainable energy,” said Michael Kleschinski, EVP Hexagon Purus . “I have great respect for what the team at Wystrach has accomplished under the leadership of Wolfgang Wolter and Jochen Wystrach. I look forward to combining our employees’ skills and industry expertise to become THE provider of turn-key hydrogen solutions in the industry.”"

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Pikaisella kolmen minuutin kalastuksella löytyi video yhtiön etusivulta, tarkkaavaiset huomaa että Air Liquide on taustalla vahvasti esillä.

Yleensä en laita youtubea, mutta tämä tosiaan yhtiön omalta etusivulta josta lyhyesti selviää mitä tekevät:
Wystrach - experts for hydrogen and other gases - YouTube

Pienellä varauksella, yhtiö saa videot näyttämään juuri sellaiselta kuin itse tahtoo, mutta kyllä tuo vakuutti.
Eiköhän tuossa ole myös takana emoyhtiön hyväksyntä Hexagon Compositelta Purukselle?

Aika loppuu kesken ei kerkee tonkia enempää :woozy_face:

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Hexagon Purus receives order from North American customer for fuel-cell electric yard trucks
Hexagon Purus has received an order for hydrogen fuel-cell electric yard trucks
from a North American customer. The order has a value of approximately USD 2.1
million (approx. NOK 18 million).

Driving energy transformation

“As the push for the energy transition continues, we are proud to see that our
technology can enable customers to switch to clean-energy vehicles for demanding
port operations,” says Todd Sloan, President, Hexagon Purus Systems.

Timing

The yard haulers are due to be delivered in the fourth quarter of 2022.

Pientä tilausta. Eivät varmaankaan itse tee näihin kuin nämä vety moottorit. Olisikohan muuten Cargotecin valmistamia?

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Veikkaan, että on kyse tästä projektista

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Tarkkaavaiset voi nähdä yhdessä kuvassa Puruksen logon :ok_hand:

Purus ja Hino on tehneet yhteistyötä koko ajan. Purus ei siitä vaan tunnu nostavan meteliä.
Onko jollakin tietoa onko Puruksella muuta Hinon kanssa kun säiliöt ja jotain kehitys juttuja?

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