Hexicon AB Reports Increased Revenue and Profit
Hexicon AB, a renewable energy company specializing in floating offshore wind farms, has reported a significant increase in both revenue and profit for the second quarter of 2025. The company, which operates primarily in Sweden, has seen its net sales rise to 76.0 million SEK, up from the previous year. This growth is accompanied by a robust operating profit of 47.6 million SEK, despite a decrease from the prior year’s figures.
The company’s cash flow from operations stood at 11.0 million SEK, reflecting a decline of 19.3% compared to the previous year. These financial results were disclosed in Hexicon’s interim report, highlighting the company’s ongoing efforts to optimize its portfolio amid a recovering floating wind market.
Hexicon’s strategic focus on developing dual turbine floating wind power platforms has positioned it well within the renewable energy sector. The company’s performance in Q2 2025 underscores its resilience and adaptability in a dynamic market environment.
As of August 18, 2025, Hexicon’s share price closed at 0.218 SEK on the Swedish Stock Exchange, with a market capitalization of 73.49 million SEK. The company’s price-to-earnings ratio remains negative at -0.322, reflecting its current financial performance.
Hexicon’s commitment to innovation and sustainability continues to drive its growth, as it navigates the challenges and opportunities within the renewable energy landscape. For more information, visit Hexicon’s official website at www.hexicon.eu .