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  "documentTitle": "Hexagon Purus | Results Presentation Deck | 23 slides",
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  "presentationDate": "2023-11-01 00:00:00",
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      "text": "Production layout is based on value stream design; Flexible production equipment; Customer demand has the highest priority; Smart investments; EHS standards embedded.",
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      "text": "Increases in equity and non-current liabilities in the third quarter of 2023 compared to the third quarter of 2022 is mainly driven by the NOK 800 million (gross) convertible bond issuance in March 2023... equity ratio of 56% (68%).",
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      "text": "In September, Hexagon Purus inaugurated its new state-of-the-art and highly automized hydrogen cylinder production hub in Kassel, Germany... The main principles of the new Kassel facility:",
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      "text": "The majority of Hexagon Purus' revenue growth in the third quarter of 2023 was driven by its suite of hydrogen infrastructure solutions... Mobility applications contributed positively to revenue growth in the quarter...",
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      "text": "Hexagon Purus' hydrogen storage solutions is based on its leading type 4 cylinder technology and enables the safe and efficient use of hydrogen in a variety of zero-emission mobility and hydrogen infrastructure applications.",
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      "text": "Activity in the aerospace segment remains robust... Hexagon Purus is also in customer dialogues for development programs for on-board hydrogen storage for commercial aviation and maritime applications.",
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      "text": "Following the opening of the new Kassel facility, Hexagon Purus has two other hydrogen cylinders and systems related expansion projects ongoing... In China, the Company is together with its joint venture partner CIMC Enric constructing a hydrogen cylinder production facility.",
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      "text": "million. The buses will be operating in Bologna, Italy. The purchase orders were made as part of the long-term supply agreement between Hexagon Purus and Solaris that was entered into in November 2021.",
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      "text": "property, plant and equipment and right-of-use assets as a result of the Company's ongoing capacity expansion program, combined with an increase in working capital. Trade receivables increased to NOK 311 (185) million in the second quarter of 2023 and inventory stood at NOK 438 (453) million.",
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