Hexagon Composites ASA Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 15, 2024 at 05:30 am EST
Hexagon Composites ASA reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was NOK 1,436.12 million compared to NOK 1,267.02 million a year ago. Revenue was NOK 1,436.9 million compared to NOK 1,275.72 million a year ago. Net loss was NOK 783.41 million compared to NOK 84.88 million a year ago. Basic loss per share was NOK 3.91 compared to NOK 0.58 a year ago.
For the full year, sales was NOK 5,181.02 million compared to NOK 4,292.42 million a year ago. Revenue was NOK 5,186.31 million compared to NOK 4,302.74 million a year ago. Net income was NOK 1,233.09 million compared to net loss of NOK 311.33 million a year ago. Basic earnings per share was NOK 5.66. Diluted earnings per share was NOK 5.48.