Fuel Systems Segment Outperformance
Fuel Systems segment generated NOK 463 million in revenue for the quarter, outperforming the overall trucking market despite market uncertainty.
Strategic Acquisitions and Alliances
Hexagon strengthened its European footprint by acquiring SES Composites and extended a strategic alliance with Mitsui until 2030.
Positive Regulatory Support
Continued support for natural gas in the United States and Europe, including funding through the One Big Beautiful Bill and the acquisition of SES Composites.
Major Orders and Market Acceptance
Significant orders from major fleets for the game-changing X15N engine, including 160 new trucks and a major order for 100 trucks from Trayecto in Mexico.
Cost-Saving Measures
Implemented an 8% reduction in headcount and reduced annual CapEx to NOK 130 million to mitigate macroeconomic challenges.