![]() ![]() In the first quarter of 2022, Hexagon Purus Group (“the Company”) generated NOK 159 (52) million in revenue and recorded operating profit before depreciation (EBITDA) of NOK -93 (-62) million. Successfully completed a private placement resulting in gross proceeds of NOK 600 million.Signed investment agreements together with JV partner CIMC Enric for construction of a joint production facility in Shijiazhuang and New Energy R&D management center in Beijing Daxing District International Hydrogen Development Zone.and nominated by another leading, established commercial truck OEM to provide battery systems for serial production planned from 2024 Signed a long-term binding letter of intent with Hino Motors Manufacturing U.S.Organic revenue on a standalone basis (i.e., as if Wystrach were an external customer in Q1 2022) was NOK 84 million, representing organic year-over-year growth of approximately 63% Revenue grew 209% year-over-year to NOK 159 million, including NOK 107 million contribution from Wystrach.Hexagon Purus delivered robust year-over-year revenue growth in Q1 2022 coupled with strong commercial momentum across the business. ![]()
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