2025 Q4 -tulosraportti
UUTTA
5 päivää sitten
‧39 min
6,7542 NOK/osake
Viimeisin osinko
0,00%Tuotto/v
Tarjoustasot
Oslo Børs
Määrä
Osto
6 839
Myynti
Määrä
3 002
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 880 | - | - | ||
| 10 000 | - | - | ||
| 116 | - | - | ||
| 188 | - | - | ||
| 700 | - | - |
Ylin
8,4VWAP
Alin
8,14VaihtoMäärä
2,5 300 754
VWAP
Ylin
8,4Alin
8,14VaihtoMäärä
2,5 300 754
Välittäjätilasto
Dataa ei löytynyt
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q1 -tulosraportti 13.5. |
| Menneet tapahtumat | ||
|---|---|---|
2025 Q4 -tulosraportti 12.2. | ||
2025 Q3 -tulosraportti 6.11.2025 | ||
2025 Q2 -tulosraportti 14.8.2025 | ||
2025 Q1 -tulosraportti 15.5.2025 | ||
2024 Q4 -tulosraportti 13.2.2025 |
Asiakkaat katsoivat myös
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
·1 t sitten · MuokattuI can't help but smile a little. That a downturn came was not unexpected; they must first build and facilitate production capacity in large volumes before they can even begin to sell and offer customers a product that is far better than diesel. In mid-May 2023, an official announcement was made by Cummins and New York Governor Kathy Hochul that 452 mill USD would be allocated for a fuel-agnostic platform at the New York plant. The investment is part of Cummins' larger plan to invest over 1 billion dollars in its American manufacturing network. X15N (natural gas version) was the first engine from this platform to go into production at the plant. Perhaps it's not so strange that we will now see a steeply rising production of the X15N engine and are facing significant growth in Hexagon and its share price. Then the next thing from the bear chorus will probably be, . How will Hexagon manage to handle the enormous growth that is knocking on the door. :-) It's completely normal that they have to build the road before they can drive on it, and set up "toll stations.", or create parking spaces before they can set up "parking meters" https://landline.media/cummins-invests-in-fuel-agnostic-platform-at-n-y-plant/·1 t sittenIt's incredible how crazy some people get when the price is low, and the honey pot is about to overflow, then it's about scaring as many as possible away from the buy button, and preferably getting the most nervous ones to sell. We who understand how this works take it completely calmly, and pick up some shares now and then. :-) https://www.cummins.com/news/releases/2023/05/22/cummins-jamestown-engine-plant-produces-25-millionth-engine-while-planning
·2 t sitten👏👏🚀🚀
·1 t sitten · MuokattuSlightly better times, and even better in store. Those of us who are long-term will be rewarded for it. Don't rule out 10 kr by Easter, and back to the previous emission price 14 by the summer holidays 😊 This is a very cyclical stock, and if we are on our way out of the recession, things can move very fast! I will probably secure a good portion of profit at 14-15, but will hold onto the rest. Eagerly awaiting the February figures that Stein Rune will present soon 💪
·14 t sittenVideo #4 from Cummins about x15n released today. https://youtu.be/pvadz6nK2Ns?si=8veYrW46KbDBHVdp·13 t sittenThe engine was tested quite well. And Hexagon is the main supplier of fuel system 😊- ·14 t sitten · MuokattuI believe the market is starting to overlook how many things are now actually pointing in the right direction for Hexagon. Freight rates in the USA, measured through the Cass Index, fell throughout 2023 and much of 2024 – a classic freight recession. We are now seeing stabilization and nascent improvement. Historically, truck investments follow when carriers regain better profitability. At the same time, Class 8 truck orders have turned sharply upwards again. December and January were clearly above normal, and the market appears to be on its way out of the bottom. And then many have forgotten one important thing: 2018 was a monster year, with around 480–490 000 ordered Class 8 trucks in North America. Many of these were delivered in 2019 and are now starting to be 7–8 years old – which is the time when fleets normally need to renew themselves. A natural replacement wave therefore lies ahead of us. In addition, the EPA 2027 NOx requirements are coming, which apply to model year 2027, which in practice means that trucks ordered from now on must already account for these requirements. New diesel vehicles thus become more expensive due to more complicated after-treatment, and alternative powertrains like gas become more attractive. And here comes the truly interesting part for Hexagon: If the gas share in a normal truck year increases from around 5 % to 7–8 %, it means 40–60 % more gas trucks. Since Hexagon supplies the systems for a large proportion of these, even small changes in powertrain choices strongly impact volume and earnings. When the truck market normalizes at the same time, Hexagon suddenly gets strong volume growth without the total market needing to explode. Therefore, I believe the stock is still priced as if the bottom is ahead of us – while the numbers in reality indicate that the bottom may already have passed. The only thing still holding the stock back, in my view, is the uncertainty around the loan terms (covenants) that kick in in Q3 2026, where the company must deliver around 250 million kroner in EBITDA on an LTM basis (last twelve months) to be within the requirements. Something I, based on truck orders and expected revenues in fuel systems alone, believe Hexagon appears capable of achieving. Approx. 70 million on average for q1, q2 and q3. The company also states in its Q4 report that they are already in dialogue with lenders about adjusting the covenant requirements. It is unlikely that this would have been communicated publicly without real progress in the process. For cyclical companies that are coming out of a downturn and into an improvement phase, it is also not uncommon for loan terms to be renegotiated precisely to avoid an equity issue. It is therefore entirely possible that an update on renegotiated covenants may come either as a separate stock exchange announcement or in connection with the Q1 report – which in that case will remove one of the last major uncertainty factors around the case.
·1 t sittenAlso a small niche (in the large global market).·50 min sittenYou say it yourself: A niche product in an enormous global market – and precisely for that reason, it doesn't need to become big for it to be very profitable for Hexagon. Let's use quite conservative figures: • Approx. 300 000 Class 8 truck orders per year – which corresponds to a normal year, and we are actually well on track for that pace in 2026. • 8 % gas share in the market. • Hexagon supplies around 50 % of these (probably conservative given its position around Cummins X15N). Then we get: 300 000 × 8 % = 24 000 gas trucks Hexagon share 50 % → 12 000 fuel systems With a system value of approx. 400 000 kr per truck, this gives: 12 000 × 400 000 kr = 4,8 bn. kr in revenue With a 12 % EBITDA margin, this gives: → approx. 575–580 mn. kr EBITDA from fuel systems alone This is thus more than double the covenant requirement of around 250 mn. kr EBITDA, and we still haven't included mobile pipeline, refuse, aerospace or other segments. If the gas share increases to 10 %, the calculation looks like this: 300 000 × 10 % × 50 % = 15 000 systems 15 000 × 400 000 kr = 6 bn. kr revenue 12 % margin → approx. 720 mn. kr EBITDA When volumes first return, gas doesn't need to become big globally for it to become big for Hexagon. Personally, I also believe it's positive that the market scales up at a controlled pace – then Hexagon gets the opportunity to grow without losing margins or market share along the way.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
2025 Q4 -tulosraportti
UUTTA
5 päivää sitten
‧39 min
6,7542 NOK/osake
Viimeisin osinko
0,00%Tuotto/v
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·1 t sitten · MuokattuI can't help but smile a little. That a downturn came was not unexpected; they must first build and facilitate production capacity in large volumes before they can even begin to sell and offer customers a product that is far better than diesel. In mid-May 2023, an official announcement was made by Cummins and New York Governor Kathy Hochul that 452 mill USD would be allocated for a fuel-agnostic platform at the New York plant. The investment is part of Cummins' larger plan to invest over 1 billion dollars in its American manufacturing network. X15N (natural gas version) was the first engine from this platform to go into production at the plant. Perhaps it's not so strange that we will now see a steeply rising production of the X15N engine and are facing significant growth in Hexagon and its share price. Then the next thing from the bear chorus will probably be, . How will Hexagon manage to handle the enormous growth that is knocking on the door. :-) It's completely normal that they have to build the road before they can drive on it, and set up "toll stations.", or create parking spaces before they can set up "parking meters" https://landline.media/cummins-invests-in-fuel-agnostic-platform-at-n-y-plant/·1 t sittenIt's incredible how crazy some people get when the price is low, and the honey pot is about to overflow, then it's about scaring as many as possible away from the buy button, and preferably getting the most nervous ones to sell. We who understand how this works take it completely calmly, and pick up some shares now and then. :-) https://www.cummins.com/news/releases/2023/05/22/cummins-jamestown-engine-plant-produces-25-millionth-engine-while-planning
- ·2 t sitten👏👏🚀🚀·1 t sitten · MuokattuSlightly better times, and even better in store. Those of us who are long-term will be rewarded for it. Don't rule out 10 kr by Easter, and back to the previous emission price 14 by the summer holidays 😊 This is a very cyclical stock, and if we are on our way out of the recession, things can move very fast! I will probably secure a good portion of profit at 14-15, but will hold onto the rest. Eagerly awaiting the February figures that Stein Rune will present soon 💪
- ·14 t sittenVideo #4 from Cummins about x15n released today. https://youtu.be/pvadz6nK2Ns?si=8veYrW46KbDBHVdp·13 t sittenThe engine was tested quite well. And Hexagon is the main supplier of fuel system 😊
- ·14 t sitten · MuokattuI believe the market is starting to overlook how many things are now actually pointing in the right direction for Hexagon. Freight rates in the USA, measured through the Cass Index, fell throughout 2023 and much of 2024 – a classic freight recession. We are now seeing stabilization and nascent improvement. Historically, truck investments follow when carriers regain better profitability. At the same time, Class 8 truck orders have turned sharply upwards again. December and January were clearly above normal, and the market appears to be on its way out of the bottom. And then many have forgotten one important thing: 2018 was a monster year, with around 480–490 000 ordered Class 8 trucks in North America. Many of these were delivered in 2019 and are now starting to be 7–8 years old – which is the time when fleets normally need to renew themselves. A natural replacement wave therefore lies ahead of us. In addition, the EPA 2027 NOx requirements are coming, which apply to model year 2027, which in practice means that trucks ordered from now on must already account for these requirements. New diesel vehicles thus become more expensive due to more complicated after-treatment, and alternative powertrains like gas become more attractive. And here comes the truly interesting part for Hexagon: If the gas share in a normal truck year increases from around 5 % to 7–8 %, it means 40–60 % more gas trucks. Since Hexagon supplies the systems for a large proportion of these, even small changes in powertrain choices strongly impact volume and earnings. When the truck market normalizes at the same time, Hexagon suddenly gets strong volume growth without the total market needing to explode. Therefore, I believe the stock is still priced as if the bottom is ahead of us – while the numbers in reality indicate that the bottom may already have passed. The only thing still holding the stock back, in my view, is the uncertainty around the loan terms (covenants) that kick in in Q3 2026, where the company must deliver around 250 million kroner in EBITDA on an LTM basis (last twelve months) to be within the requirements. Something I, based on truck orders and expected revenues in fuel systems alone, believe Hexagon appears capable of achieving. Approx. 70 million on average for q1, q2 and q3. The company also states in its Q4 report that they are already in dialogue with lenders about adjusting the covenant requirements. It is unlikely that this would have been communicated publicly without real progress in the process. For cyclical companies that are coming out of a downturn and into an improvement phase, it is also not uncommon for loan terms to be renegotiated precisely to avoid an equity issue. It is therefore entirely possible that an update on renegotiated covenants may come either as a separate stock exchange announcement or in connection with the Q1 report – which in that case will remove one of the last major uncertainty factors around the case.·1 t sittenAlso a small niche (in the large global market).·50 min sittenYou say it yourself: A niche product in an enormous global market – and precisely for that reason, it doesn't need to become big for it to be very profitable for Hexagon. Let's use quite conservative figures: • Approx. 300 000 Class 8 truck orders per year – which corresponds to a normal year, and we are actually well on track for that pace in 2026. • 8 % gas share in the market. • Hexagon supplies around 50 % of these (probably conservative given its position around Cummins X15N). Then we get: 300 000 × 8 % = 24 000 gas trucks Hexagon share 50 % → 12 000 fuel systems With a system value of approx. 400 000 kr per truck, this gives: 12 000 × 400 000 kr = 4,8 bn. kr in revenue With a 12 % EBITDA margin, this gives: → approx. 575–580 mn. kr EBITDA from fuel systems alone This is thus more than double the covenant requirement of around 250 mn. kr EBITDA, and we still haven't included mobile pipeline, refuse, aerospace or other segments. If the gas share increases to 10 %, the calculation looks like this: 300 000 × 10 % × 50 % = 15 000 systems 15 000 × 400 000 kr = 6 bn. kr revenue 12 % margin → approx. 720 mn. kr EBITDA When volumes first return, gas doesn't need to become big globally for it to become big for Hexagon. Personally, I also believe it's positive that the market scales up at a controlled pace – then Hexagon gets the opportunity to grow without losing margins or market share along the way.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Oslo Børs
Määrä
Osto
6 839
Myynti
Määrä
3 002
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 880 | - | - | ||
| 10 000 | - | - | ||
| 116 | - | - | ||
| 188 | - | - | ||
| 700 | - | - |
Ylin
8,4VWAP
Alin
8,14VaihtoMäärä
2,5 300 754
VWAP
Ylin
8,4Alin
8,14VaihtoMäärä
2,5 300 754
Välittäjätilasto
Dataa ei löytynyt
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q1 -tulosraportti 13.5. |
| Menneet tapahtumat | ||
|---|---|---|
2025 Q4 -tulosraportti 12.2. | ||
2025 Q3 -tulosraportti 6.11.2025 | ||
2025 Q2 -tulosraportti 14.8.2025 | ||
2025 Q1 -tulosraportti 15.5.2025 | ||
2024 Q4 -tulosraportti 13.2.2025 |
2025 Q4 -tulosraportti
UUTTA
5 päivää sitten
‧39 min
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q1 -tulosraportti 13.5. |
| Menneet tapahtumat | ||
|---|---|---|
2025 Q4 -tulosraportti 12.2. | ||
2025 Q3 -tulosraportti 6.11.2025 | ||
2025 Q2 -tulosraportti 14.8.2025 | ||
2025 Q1 -tulosraportti 15.5.2025 | ||
2024 Q4 -tulosraportti 13.2.2025 |
6,7542 NOK/osake
Viimeisin osinko
0,00%Tuotto/v
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·1 t sitten · MuokattuI can't help but smile a little. That a downturn came was not unexpected; they must first build and facilitate production capacity in large volumes before they can even begin to sell and offer customers a product that is far better than diesel. In mid-May 2023, an official announcement was made by Cummins and New York Governor Kathy Hochul that 452 mill USD would be allocated for a fuel-agnostic platform at the New York plant. The investment is part of Cummins' larger plan to invest over 1 billion dollars in its American manufacturing network. X15N (natural gas version) was the first engine from this platform to go into production at the plant. Perhaps it's not so strange that we will now see a steeply rising production of the X15N engine and are facing significant growth in Hexagon and its share price. Then the next thing from the bear chorus will probably be, . How will Hexagon manage to handle the enormous growth that is knocking on the door. :-) It's completely normal that they have to build the road before they can drive on it, and set up "toll stations.", or create parking spaces before they can set up "parking meters" https://landline.media/cummins-invests-in-fuel-agnostic-platform-at-n-y-plant/·1 t sittenIt's incredible how crazy some people get when the price is low, and the honey pot is about to overflow, then it's about scaring as many as possible away from the buy button, and preferably getting the most nervous ones to sell. We who understand how this works take it completely calmly, and pick up some shares now and then. :-) https://www.cummins.com/news/releases/2023/05/22/cummins-jamestown-engine-plant-produces-25-millionth-engine-while-planning
- ·2 t sitten👏👏🚀🚀·1 t sitten · MuokattuSlightly better times, and even better in store. Those of us who are long-term will be rewarded for it. Don't rule out 10 kr by Easter, and back to the previous emission price 14 by the summer holidays 😊 This is a very cyclical stock, and if we are on our way out of the recession, things can move very fast! I will probably secure a good portion of profit at 14-15, but will hold onto the rest. Eagerly awaiting the February figures that Stein Rune will present soon 💪
- ·14 t sittenVideo #4 from Cummins about x15n released today. https://youtu.be/pvadz6nK2Ns?si=8veYrW46KbDBHVdp·13 t sittenThe engine was tested quite well. And Hexagon is the main supplier of fuel system 😊
- ·14 t sitten · MuokattuI believe the market is starting to overlook how many things are now actually pointing in the right direction for Hexagon. Freight rates in the USA, measured through the Cass Index, fell throughout 2023 and much of 2024 – a classic freight recession. We are now seeing stabilization and nascent improvement. Historically, truck investments follow when carriers regain better profitability. At the same time, Class 8 truck orders have turned sharply upwards again. December and January were clearly above normal, and the market appears to be on its way out of the bottom. And then many have forgotten one important thing: 2018 was a monster year, with around 480–490 000 ordered Class 8 trucks in North America. Many of these were delivered in 2019 and are now starting to be 7–8 years old – which is the time when fleets normally need to renew themselves. A natural replacement wave therefore lies ahead of us. In addition, the EPA 2027 NOx requirements are coming, which apply to model year 2027, which in practice means that trucks ordered from now on must already account for these requirements. New diesel vehicles thus become more expensive due to more complicated after-treatment, and alternative powertrains like gas become more attractive. And here comes the truly interesting part for Hexagon: If the gas share in a normal truck year increases from around 5 % to 7–8 %, it means 40–60 % more gas trucks. Since Hexagon supplies the systems for a large proportion of these, even small changes in powertrain choices strongly impact volume and earnings. When the truck market normalizes at the same time, Hexagon suddenly gets strong volume growth without the total market needing to explode. Therefore, I believe the stock is still priced as if the bottom is ahead of us – while the numbers in reality indicate that the bottom may already have passed. The only thing still holding the stock back, in my view, is the uncertainty around the loan terms (covenants) that kick in in Q3 2026, where the company must deliver around 250 million kroner in EBITDA on an LTM basis (last twelve months) to be within the requirements. Something I, based on truck orders and expected revenues in fuel systems alone, believe Hexagon appears capable of achieving. Approx. 70 million on average for q1, q2 and q3. The company also states in its Q4 report that they are already in dialogue with lenders about adjusting the covenant requirements. It is unlikely that this would have been communicated publicly without real progress in the process. For cyclical companies that are coming out of a downturn and into an improvement phase, it is also not uncommon for loan terms to be renegotiated precisely to avoid an equity issue. It is therefore entirely possible that an update on renegotiated covenants may come either as a separate stock exchange announcement or in connection with the Q1 report – which in that case will remove one of the last major uncertainty factors around the case.·1 t sittenAlso a small niche (in the large global market).·50 min sittenYou say it yourself: A niche product in an enormous global market – and precisely for that reason, it doesn't need to become big for it to be very profitable for Hexagon. Let's use quite conservative figures: • Approx. 300 000 Class 8 truck orders per year – which corresponds to a normal year, and we are actually well on track for that pace in 2026. • 8 % gas share in the market. • Hexagon supplies around 50 % of these (probably conservative given its position around Cummins X15N). Then we get: 300 000 × 8 % = 24 000 gas trucks Hexagon share 50 % → 12 000 fuel systems With a system value of approx. 400 000 kr per truck, this gives: 12 000 × 400 000 kr = 4,8 bn. kr in revenue With a 12 % EBITDA margin, this gives: → approx. 575–580 mn. kr EBITDA from fuel systems alone This is thus more than double the covenant requirement of around 250 mn. kr EBITDA, and we still haven't included mobile pipeline, refuse, aerospace or other segments. If the gas share increases to 10 %, the calculation looks like this: 300 000 × 10 % × 50 % = 15 000 systems 15 000 × 400 000 kr = 6 bn. kr revenue 12 % margin → approx. 720 mn. kr EBITDA When volumes first return, gas doesn't need to become big globally for it to become big for Hexagon. Personally, I also believe it's positive that the market scales up at a controlled pace – then Hexagon gets the opportunity to grow without losing margins or market share along the way.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Oslo Børs
Määrä
Osto
6 839
Myynti
Määrä
3 002
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 880 | - | - | ||
| 10 000 | - | - | ||
| 116 | - | - | ||
| 188 | - | - | ||
| 700 | - | - |
Ylin
8,4VWAP
Alin
8,14VaihtoMäärä
2,5 300 754
VWAP
Ylin
8,4Alin
8,14VaihtoMäärä
2,5 300 754
Välittäjätilasto
Dataa ei löytynyt