
29 Nov 2024
Arctic: Hexagon Purus - Attractive entry point
As HPUR’s key Q3 figures were pre-announced, the latest comments around outlook/ guidance were the key focus of yesterday’s report. The company reiterated its previous guidance for 2025, although acknowledged that the uncertainty has increased in the wake of the US election outcome. We take note of comment that the EBITDA margin in Hydrogen infrastructure (i.e. HMI segment ex. mobility) almost reached double-digit territory in Q3. Our updated estimates align with the company guidance, but we hav ....

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Arctic: Hexagon Purus - Attractive entry point
As HPUR’s key Q3 figures were pre-announced, the latest comments around outlook/ guidance were the key focus of yesterday’s report. The company reiterated its previous guidance for 2025, although acknowledged that the uncertainty has increased in the wake of the US election outcome. We take note of comment that the EBITDA margin in Hydrogen infrastructure (i.e. HMI segment ex. mobility) almost reached double-digit territory in Q3. Our updated estimates align with the company guidance, but we hav ....