“Cryoshelter has a potentially disruptive technology with competitive edge compared to existing technology alternatives in the market.
Storage of LNG and LH 2 will add a new dimension to its existing offering, complementing its portfolio and unlocking new opportunities for Hexagon Agility (Costa Mesa, Calif., U.S.) and Hexagon Purus (Ålesund), respectively. The Hexagon Group provides compressed natural gas (CNG), including renewable natural gas (RNG), compressed hydrogen and battery-electric systems as part of its portfolio of clean fuel solutions. On April 21, Hexagon Composites (Ålesund, Norway) signed an agreement to acquire a 40% stake in Cryoshelter GmbH, a Dobl, Austria-based company specialized in the development of cryogenic tank technology for liquid (renewable) natural gas (LNG) and liquid hydrogen (LH 2). Hexagon's sensors and software are used for measurement and quality inspection in manufacturing processes and engineering plant design, as well as in infrastructure planning, construction, mining, agriculture and energy.Cryoshelter cryogenic tank technology. The former chief operating officer has been CEO since the end of 2022, succeeding Ola Rollen, who is set to become group chairman from May. We are well placed to deal with the global economy's many challenges and will continue to invest in new technologies." "Hexagon has good momentum going into 2023. "While component supply constraints continued, the negative impact in the quarter was small and we consider the situation largely resolved moving forward," new Chief Executive Paolo Guglielmini said on Tuesday in the company's full quarterly earnings report.
The company proposed a dividend of 0.12 euros per share for 2022, up from 0.11 euros the previous year, after reporting 15% fourth-quarter sales growth and adjusted operating profit up 12% year on year at 418 million euros ($455.3 million), roughly in line with expectations. It said operations had not been affected by the incident, which has been fully resolved, and found no evidence that confidential information was taken. Hexagon said on Monday that it had discovered an isolated event of unauthorised access on one email account containing information related to the results. The maker of measurement and positioning systems and software had released fourth-quarter earnings on Monday after information security concerns prompted it to report results earlier than planned. STOCKHOLM, Jan 24 (Reuters) - Industrial technology group Hexagon (HEXAb.ST) on Tuesday proposed a 9% increase to its dividend, with the Swedish company's new CEO flagging "good momentum" going into 2023.
0 kommentar(er)
