A lot has happened since my last article covering Hexagon Composites (OTC:HXGCF). In this article I will examine the company's longer-term strategic development and provide my estimate for Q2 earnings which will be reported on August 28.
As announced on April 22 and April 23 Hexagon Ragasco has now largely filled its production capacity at its plant in Norway until 2H 2015. Ragasco has historically suffered poor sales in Q3 and Q4 and a focused effort has been made in the last couple of years to increase sales outside Europe during these quarters.
Adding Capacity in Norway and International Expansion
In May and June Ragasco ran a recruitment process for various senior production-related personnel. A couple...
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