Hexagon Composites ASA (OTC:HXGCF) (HEX.OL) presented 4Q earnings this morning in Oslo, Norway. You can find the presentation and report here and view the webcast in English here.
Hexagon sent out an update some weeks ago where they stated that some non-recurring items would impact 4Q earnings due to warranty issues and inventory adjustments. In addition they announced on 16 January that the Devold division had been sold for approx. 115 million NOK in cash.
I won't rehash all of the information in the presentation material, but I want to highlight two slides from the 4Q presentation and provide some commentary as to why I see these as particularly significant.
49% Revenue Growth (YoY) for Hexagon Group...
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