Connect with us

Technology

Hexagon Composites ASA: Second quarter and half year 2026

Published

on

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

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Himel Brings Its Residential Vision to Life Through the Global Dream Home Campaign

Published

on

By

HONG KONG, Aug. 7, 2026 /PRNewswire/ — As expectations for modern living continue to evolve, residential electrical solutions are no longer judged solely by individual products, but by how seamlessly they work together to create homes that are safer, more comfortable and ready for the future. Responding to this shift, Himel is expanding its global Dream Home campaign, reinforcing its commitment to delivering integrated residential solutions that combine design, safety and intelligent functionality under one customer-focused experience.

Centered on the theme “Light Up Living,” the campaign marks an important evolution in how Himel presents its residential offering. Rather than spotlighting a single hero product, Dream Home brings together a broad portfolio of wiring devices, EV charging solutions and other home electrical products to demonstrate how connected technologies can support every stage of modern living — from everyday convenience inside the home to a more sustainable lifestyle beyond it.

The campaign introduces unified customer experience, while the products behind it have already established themselves across international markets. Trusted by distributors, contractors, developers and homeowners in Asia, the Middle East, Africa and other regions, Himel’s residential portfolio has earned recognition through consistent product quality, dependable performance and compliance with international standards.

Among the solutions featured in Dream Home, Altivo wiring device continues to stand out for its contemporary design and reliable performance, making it a preferred choice for a wide range of residential and commercial applications. The Nerio series further expands the portfolio with its spray-free finish, reflecting Himel’s focus on both modern aesthetics and more sustainable manufacturing. Designed for greater flexibility in modern living, the Verso Series Track Socket enables users to add or reposition power outlets with ease, supporting dynamic spaces such as kitchens, home offices and multifunctional living areas. Extending the experience beyond the home, Electric Vehicle Charger Generation 2, recognized with the Top Innovation Award, supports the transition to cleaner mobility while embodying Himel’s commitment to creating a cleaner, smarter and more connected future.

Dream Home also reflects Himel’s broader belief that electrical products should do more than power buildings — they should improve the way people live. Guided by its Powering Infinity brand initiative, Himel continues to develop solutions that connect innovation with everyday needs, helping customers build homes that are not only functional and reliable, but also designed for the future.

About Himel

Founded in Spain in 1958, Himel is an award-winning global manufacturer of low-voltage electrical products and solutions. With presence in over 60 countries, the company offers value-engineered portfolios spanning power distribution, industrial applications and home electrical solutions for residential, commercial and industrial markets.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/himel-brings-its-residential-vision-to-life-through-the-global-dream-home-campaign-302845953.html

Continue Reading

Technology

Tianjin’s sustainable development experience enriches global human rights dialogue

Published

on

By

BEIJING, Aug. 7, 2026 /PRNewswire/ — A news report from China Daily:

The 2026 Forum on Global Human Rights Governance opened in Beijing on June 11, bringing together government officials, experts, and representatives from around the world to discuss pathways toward joint development and shared human rights.

At the forum’s parallel session on “Green Development and the Protection of Human Rights”, representatives from Tianjin shared the city’s achievements and innovations in promoting sustainable development while safeguarding people’s rights and well-being. Their contributions highlighted Tianjin’s efforts to integrate ecological progress, technological innovation, and public services into a people-centered development model, offering valuable insights for international dialogue on human rights governance.

Prior to the forum, international delegates took part in a four-day visit to Tianjin from June 7 to 10. Officials and human rights experts from eight countries including Cuba, Austria, Gambia, Laos and Cote d’Ivoire, toured ports, residential communities, schools, museums, and markets to gain a firsthand understanding of China’s approach to improving people’s lives.

A key stop was the Tianjin Sino-Singapore Eco-City in Binhai New Area, a flagship intergovernmental cooperation project between China and Singapore and the world’s first eco-city jointly developed by two countries. Delegates learned how the city combines green urban planning with smart governance to create a livable and sustainable environment. With more than 12 million square meters of green space and a digital governance platform powered by big data and artificial intelligence, the Eco-City monitors environmental indicators in real time while providing efficient public services for residents.

The delegation also visited Tianjin Port’s Beijiang Port Area, home to the world’s first fully intelligent and carbon-neutral container terminal. Powered entirely by renewable energy and supported by technologies including 5G, the Beidou Navigation Satellite System, and autonomous vehicles, the terminal has significantly improved operational efficiency while reducing emissions. Visitors praised the project as an example of how technological innovation can support both economic growth and environmental protection.

Another visit took delegates to the Dazhigu Food Market, where they observed everyday community life and the role of public services in meeting residents’ basic needs. The market’s clean environment and vibrant atmosphere offered a glimpse into grassroots livelihood protection and community well-being.

Many delegates noted the close connection between sustainable development, technological advancement, and human rights protection. Their experiences in Tianjin provided practical examples for discussions in Beijing, enriching exchanges at the forum and contributing to broader global efforts to promote development-centered human rights governance.

View original content to download multimedia:https://www.prnewswire.com/news-releases/tianjins-sustainable-development-experience-enriches-global-human-rights-dialogue-302845918.html

SOURCE China Daily

Continue Reading

Technology

Longbridge Singapore wins “InvestTech Initiative Award – Singapore” at the Asian Banking & Finance Fintech Awards 2026

Published

on

By

Recognition underscores Longbridge’s pioneering vision as the world’s first AI-native broker, setting a new benchmark for investing in the AI era.

SINGAPORE, Aug. 7, 2026 /PRNewswire/ — Longbridge Securities (Singapore) (“Longbridge Singapore”), an AI-powered online brokerage, has been named the winner of the InvestTech Initiative Award – Singapore at the Asian Banking & Finance Fintech Awards 2026.

The award recognises Longbridge Singapore’s sustained investment in AI innovation and its pioneering vision as the world’s first AI-native broker*, bringing together AI and investing in a fundamentally new way.

Organised by Asian Banking & Finance, the ABF Fintech Awards celebrate organisations that are advancing financial technology and reshaping the delivery of financial services across Asia. Longbridge Singapore was recognised for the AI innovations introduced over the past year, reinforcing its commitment to making investing more intuitive, contextual and accessible.

Pioneering a New Model for Investing

AI is changing more than how investors search for information. It is reshaping how they discover opportunities, interpret markets, make decisions and execute trades.

This requires more than adding AI to an existing brokerage. It calls for a fundamentally different model—one where AI is embedded across the entire investing journey, from discovery and research to decision-making and placing orders with investors’ confirmation.

That vision has culminated in the world’s first AI-native broker: an integrated platform where each AI-native product plays a distinct role while working together as one connected investing experience.

At its core is Longbridge AI, the intelligence layer that continuously interprets market developments, understands each investor’s portfolio and surfaces timely, personalised insights. Since its introduction in 2024, Longbridge AI has generated 57.3 million portfolio updates, responded to more than 557,000 investment-related queries and analysed over 28,000 earnings reports in 2025 alone, demonstrating Longbridge’s vision of AI as an integral part of the investing journey rather than a standalone assistant.

That intelligence is brought to life through the Longbridge App, where investors can engage naturally through voice, text and images instead of navigating traditional brokerage workflows.

Beyond the app, Longbridge Skill extends these capabilities into leading AI platforms, allowing investors to access Longbridge’s market intelligence, investment analysis and brokerage capabilities within the AI experiences they already use. Building on this foundation, the Longbridge Agent Platform enables investors to create, customise and deploy their own AI investing agents using natural language, supported by a governance framework with compliance guardrails, transparent disclosures and community ratings.

Together, these products represent a new model for investing — one where AI is no longer a standalone feature, but the intelligence layer connecting every stage of the investing journey while keeping investors firmly in control of every investment decision.

Bringing Investing Into Everyday AI Experiences

“This recognition reflects where we believe investing is headed. As AI becomes a natural part of how people learn, work and make decisions, investing should become just as seamless. Our vision has never been to build another AI assistant, but to embed trusted investing intelligence into the AI experiences people already use, making investing more intuitive, more contextual and more accessible,” Gavin Chia, CEO of Longbridge Securities Singapore and Southeast Asia, said.

“For investors in Singapore, that means institutional-grade investing capabilities delivered through experiences that feel natural, trusted and always keep them in control of every investment decision,” Chia added.

The recognition comes amid continued business momentum for Longbridge.

In 2025, the platform introduced more than 110 new features across 16 product releases, including multi-leg options strategies and recurring investments for US fractional shares.

User assets grew 220% year on year in 2025, following 450% growth in 2024, while the global user base expanded 120%. Total notional trading volume reached US$1.5 trillion across 55.7 million orders processed, and Longbridge ranked among Hong Kong’s fastest-growing fintech brokerages for two consecutive years.

About Longbridge Securities Singapore

Longbridge Securities is an AI-Powered online brokerage headquartered in Singapore. By building global trading infrastructure and a trading network, it delivers best-in-class trading experiences to investors worldwide. Founded in March 2019, Longbridge holds 22 financial regulatory licenses or qualifications across the U.S., Hong Kong, Singapore, and other markets, and has secured more than US$150 million in strategic investment from leading financial institutions and investment firms. Long Bridge Securities Pte. Ltd. is a licensed entity regulated by the Monetary Authority of Singapore (MAS) (Capital Markets Services Licence No.: CMS101211), holding a Capital Markets Services Licence and operating under an exempt financial adviser status.

Disclaimer

Long Bridge Securities Pte. Ltd. (“Long Bridge Securities”) (UEN No.: 202111825D) is regulated by the Monetary Authority of Singapore and holds a Capital Markets Services Licence for dealing in capital markets products that are securities, collective investment schemes, and exchange-traded derivatives contracts, and is an Exempt Financial Adviser. All investments carry risk. Please refer to the Risk Disclosure Statement on our website for details. This advertisement has not been reviewed by the Monetary Authority of Singapore.

This commitment to innovation extends beyond AI — Longbridge made history in 2025 by launching the world’s first U.S. stock options pre-market trading, a milestone that underscores its position at the frontier of brokerage technology.

*”AI-Native” is defined as: AI that reshapes the product itself, rather than merely optimizing product efficiency. Based on our research, no other listed retail broker licensed to operate in Hong Kong, Singapore or the United States currently meets this standard.

Media enquiries:
Kang Jia Rui / Natalie Lau
Email: media@longbridge.global 
Tel: +65 9451 4873
Web: https://longbridge.com/sg 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/longbridge-singapore-wins-investtech-initiative-award–singapore-at-the-asian-banking–finance-fintech-awards-2026-302845923.html

SOURCE Longbridge Securities (Singapore)

Continue Reading

Trending