OSLO, Norway, Aug. 6, 2026 /PRNewswire/ — Hexagon Composites (OSE: HEX.OL), world leader in composite cylinder technology and related systems for storage and transportation of clean gaseous energy reported revenues of NOK 627 million for second quarter 2026 (Q2’25: 674 million). The reported EBITDA was NOK 69 million (Q2’25: NOK 12 million), resulting in an 11% EBITDA margin (Q2’25: 2%).

“We have spent the first half of the year delivering on what we promised,” said Philipp Schramm, CEO of Hexagon Composites. “We delivered a significant step up in profitability, supported by our successfully completed cost reduction program. We are also seeing positive traction across our core segments, and secured our largest order to date, establishing Mobile Pipeline technology as a key solution to support power generation for data centers.”

For 2026, half year revenues were NOK 1 296 (1 586) million, mainly driven by strength in the Fuel Systems segment, partially offset by muted Mobile Pipeline activity ahead of an activity spike in the second half of the year. The half year EBITDA totaled NOK 126 (56) million, resulting in a 10% EBITDA margin (Q2’25: 4%).

Outlook
Based on the progress delivered during the first half, the strengthening of our financial position, and improving visibility in our key markets, we are raising our full-year EBITDA guidance from above NOK 200 million to around NOK 300 million.

For further details, please see the attached second quarter and half year 2026 report and presentation.

Presentation of the results today at 08:30 am CEST
Philipp Schramm, CEO, and Eirik Løhre, CFO, will present the results at 08:30 am CEST today, broadcasted live via this link.

The presentation of the results will be a virtual event, followed by a Q&A session. The quarterly report, presentation, and webcast recording will be made available at www.hexagongroup.com.

For more information:
Eirik Løhre, CFO, Hexagon Composites
Telephone: +47 909 95 820 I eirik.lohre@hexagongroup.com

Berit-Cathrin Høyvik, Senior Director, Communications, Hexagon Composites
Telephone: +47 988 92 161 | berit-cathrin.hoyvik@hexagongroup.com

This information is considered to be inside information pursuant to the EU Market Abuse Regulation. This stock exchange release was published by Berit-Cathrin Høyvik, Sr. Director, Communications, Hexagon Composites ASA at the time and date provided.

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation, and conversion to clean energy in a wide range of mobility and industrial applications. Learn more at www.hexagongroup.com and follow @HexagonASA on LinkedIn.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/hexagon-composites-asa/r/hexagon-composites-asa–second-quarter-and-half-year-2026,c4380468

The following files are available for download:

View original content:https://www.prnewswire.co.uk/news-releases/hexagon-composites-asa-second-quarter-and-half-year-2026-302844604.html

LAPP’s largest-ever acquisition pairs global engineering with regional agility to drive Southeast Asia’s next wave of connectivity.

SINGAPORE, Aug. 6, 2026 /PRNewswire/ — LAPP Group, a global leader in cable and connection technology, has completed its acquisition of JJ-LAPP. With this move, the German family-owned company unifies its operations across Southeast Asia under the singular LAPP brand identity.

Marking the largest acquisition in LAPP’s history, this milestone combines German engineering quality and innovation with JJ-LAPP’s established local footprint and entrepreneurial spirit to deliver state-of-the-art connectivity solutions across Southeast Asia.

The transaction represents the conclusion of an equal-share joint venture originally founded in 2004 with Jebsen & Jessen Group.  Over the past two decades, the partnership successfully grew JJ-LAPP from a small cable distributor into a premier regional connectivity solutions provider.

Approximately 350 team members will be fully integrated into LAPP’s global structure. They are joining a team of more than 5,700 colleagues around the globe with a strong local footprint throughout Asia. LAPP is dedicated to preserving JJ-LAPP’s deep local market knowledge while enhancing service capabilities for customers across Singapore, Malaysia, the Philippines, Thailand, Vietnam, and Indonesia.

Richard Lee, Chairman and CEO of Asia Pacific for LAPP Group, said: “Southeast Asia’s market diversity is its greatest strength, but beneath every thriving sector lies a common denominator: the critical need for advanced cables and connection technology.”

“Whether it’s accelerating the rapid expansion of regional data centers, automating factories, or building smarter infrastructure, reliable connectivity is non-negotiable. LAPP is proud to be at the heart of this evolution, delivering the German-engineered reliability needed to power the region’s next wave of sustainable growth.”

“Our customers are at the heart of all that we do. With this acquisition, we reinforce our commitment to the region and strengthen our support for Southeast Asian businesses with direct access to LAPP’s global supply chain and engineering expertise.”

The acquisition comes at a time when Southeast Asia is seeing significant investment in AI-driven data centers, automated manufacturing facilities, and renewable energy infrastructure. These developments are creating growing demand for specialized cable and connection solutions that can support high-performance applications while withstanding the region’s challenging tropical environments.

Asia-Pacific is already LAPP’s fastest growing region with a strong double-digit growth rate in fiscal year 2025. To drive this growth, LAPP will leverage Indonesia as a core regional manufacturing hub to shorten lead times, alongside Vietnam as a key commercial hub.

Customers across high-growth industries, including industrial automation, data centers, and renewable energy, will continue to experience seamless business continuity while benefiting from faster response times and deeper regional engineering support.

Press contact:

Tobias Matthieß
Specialist External
Communications
Phone: +49 711 78386213
Tobias.Matthiess@lapp.com

Lapp Holding SE
Schulze-Delitzsch-Str. 25 
DE-70565 Stuttgart

About LAPP: 

Headquartered in Stuttgart, Germany, LAPP is a leading supplier of integrated solutions and branded products in the field of cable and connection technology. The company’s portfolio includes standard and highly flexible cables, industrial connectors and screw technology, customised system solutions, automation technology and robotics solutions as well as technical accessories. LAPP’s core market is the industrial machinery and plant engineering sector. Other key markets are in the food industry, logistics, as well as the energy and the mobility sectors.

The company was founded in 1959 and is still fully family-owned today. In the 2025 fiscal year, it generated consolidated sales of EUR 1.93 billion. LAPP employs around 5,700 people worldwide, manufactures at 27 international locations and is active in a total of over 80 countries worldwide.

You can find more information on this topic here: https://www.lapp.com/en/de/news/presse/e/000143

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/full-ownership-of-jj-lapp-lapp-group-unifies-southeast-asia-operations-302838813.html

SOURCE LAPP Group

HONG KONG, Aug. 6, 2026 /PRNewswire/ — Bitfire Group (01611.HK), a Hong Kong-listed regulated digital asset custodian, reported that its over-the-counter (OTC) trading desk surpassed $100 million in monthly volume for July, achieving a new all-time high with a 257% increase from June.

As a subsidiary of Bitfire Group, Bitfire Trust’s OTC desk recorded volume growth across every week of July compared with the same weeks in June, reflecting sustained momentum in institutional trading activity.

According to internal company data as of the end of July, Bitfire Group has onboarded 760 clients, representing a 46.5x increase in client numbers. The company’s pipeline of interested accounts has reached 1,644, reflecting a 53.8x growth rate. The client base is primarily composed of high-net-worth individuals, institutional investors, and listed companies.

“Over the past year, Bitfire has completed its upgrade from market recognition to business positioning. We have established a business system centered on digital asset private banking, covering trading, custody, asset management, structured products, and institutional services,” said Livio Weng, CEO of Bitfire Group.

As a regulated digital asset custodian listed on the Hong Kong Stock Exchange, Bitfire Group provides institutional clients with a secure and compliant gateway to digital asset markets. The company’s OTC desk offers deep liquidity and tailored execution for large-volume trades.

About Bitfire Group
Bitfire Group (01611.HK) is Asia-Pacific’s first private banking-level digital asset custodian. Listed on the Hong Kong Stock Exchange, the company provides regulated custody, OTC trading, and digital asset financial services to institutional clients.

View original content:https://www.prnewswire.com/news-releases/bitfire-group-otc-desk-surpasses-100-million-in-monthly-volume-hits-all-time-high-in-july-302844633.html

SOURCE Bitfire Group