Hydrogen distribution modules the main driver for Hexagon Purus, says CEO

Hydrogen solution manufacturer Hexagon Purus has announced an ‘all-time high’ quarterly revenue of NOK 380m ($34m) in its Q3 2023 results.

The company’s 2022 Q3 revenue growth stood at NOK 222m ($19.8m), the recent results corresponding to a year-over-year revenue growth of 71%.

Accordingly, Hexagon Purus’ revenue year-to-date as of Q3 2023 was reported to be NOK 954m ($85.4m) , an increase of 61% year-over-year.

Hydrogen infrastructure solutions has continued to be the main driver of growth at Hexagon Purus, alongside increasing activity within mobility applications, such as heavy-duty vehicles, transit buses, and aerospace.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...