• Hexagon Purus posted Q1 2026 revenue and other income of NOK 405 million, up 76% year over year, including a NOK 134 million extraordinary gain tied to the sale of its U.S. aerospace business and deconsolidation of its China JV.
• EBITDA swung to a profit of NOK 2 million from a loss, with total operating expenses at NOK 404 million.
• Cash and cash equivalents ended at NOK 364 million, while net cash flow from operating activities improved to NOK -44 million.
• Completed divestment of U.S. aerospace business to SpaceX, signed a financing agreement with CIMC Enric for the Chinese joint venture, and exited quarter with order backlog of about NOK 463 million.
• CEO Morten Holum said restructuring actions are starting to show, citing a strengthened liquidity position and a leaner cost base, while warning continued losses are pressuring the financial position and prompting evaluation of structural measures for convertible bonds maturing in 2028 and 2029.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hexagon Purus ASA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605120100OMX_____CNEWS_EN_GNW1001181333_en) on May 12, 2026, and is solely responsible for the information contained therein.