HPOL-BNasdaq StockholmBasic MaterialsIFRS · SEK

HEXPOL B

HEXPOL is a global leader in the polymers industry, specializing in advanced polymer compounds, gaskets for plate heat exchangers, and wheels made of polymer materials. The company serves a diverse range of industries, including automotive, building and construction, and engineering. HEXPOL is known for its strong focus on operational efficiency and strategic acquisitions to drive growth. The company has a significant presence in Europe, the Americas, and Asia, with a business model that emphasizes customer focus and fast, reliable deliveries.

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Revenue19.3bn SEK
−5.4 %y/y
Operating profit (EBIT)2,791m SEK
−12.0 %y/y
EBIT margin14.4%
−1.1 ppy/y
Net income2,220m SEK
+0.0 %y/y
Free cash flow2,318m SEK
+10.3 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

0510152025bn SEK2021: 16.0 bn SEK2021: EBIT 3.1 bn SEK20212022: 22.2 bn SEK2022: EBIT 3.3 bn SEK20222023: 22.0 bn SEK2023: EBIT 3.6 bn SEK20232024: 20.4 bn SEK2024: EBIT 3.2 bn SEK20242025: 19.3 bn SEK2025: EBIT 2.8 bn SEK2025TTM 2026: 19.0 bn SEKTTM19.0
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Compounding93 %

Advanced polymer compounds for various industries

Gaskets and Seals4 %

Gaskets for plate heat exchangers

Wheels3 %

Polymer wheels for trucks and castor applications

Customers

HEXPOL's customer base primarily includes system suppliers in the automotive and engineering industries, as well as the building and construction sector. The company's products are integral to the manufacturing processes of these industries, providing essential components like gaskets and polymer compounds. Automotive customers rely on HEXPOL for high-performance materials that meet stringent industry standards. The building and construction sector benefits from HEXPOL's durable and efficient polymer solutions. The company's focus on customer service and fast delivery times is a key driver of customer loyalty.

Automotive

High-performance polymer compounds for manufacturing

Building and Construction

Durable polymer solutions for construction needs

Engineering

Gaskets and seals for engineering applications

Strategy

HEXPOL's strategic priorities include enhancing operational efficiency and expanding through strategic acquisitions. The company focuses on maintaining a strong cash flow and optimizing production costs. HEXPOL is actively pursuing organic growth opportunities in various markets while also exploring potential acquisitions to strengthen its market position. The company's strategy is centered around delivering high-quality products and maintaining strong customer relationships.

Operational EfficiencyShort term

To reduce costs and improve margins

Strategic AcquisitionsMedium term

To expand market presence and product offerings

Organic GrowthLong term

To increase market share in existing regions

Geography

HEXPOL operates globally with a strong presence in Europe, the Americas, and Asia. The company has strategically located manufacturing sites to serve key markets efficiently. Europe accounts for a significant portion of sales, while the Americas and Asia are also important regions. The company's geographic diversification helps mitigate risks associated with regional economic fluctuations. HEXPOL's ability to adapt to local market demands is a competitive advantage.

Risks

HEXPOL faces several risks, including geopolitical changes and fluctuations in raw material prices. The company's global operations expose it to risks related to currency exchange rates and economic conditions in different regions. The automotive industry's cyclical nature also poses a risk, as demand can vary significantly. Additionally, changes in environmental regulations could impact production processes and costs. HEXPOL actively monitors these risks and implements strategies to mitigate their impact.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Cyclical automotive demand1Raw material price fluctuations3Currency exchange rate fluctuations4
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Cyclical automotive demandImpact: HighLikelihood: High

    Leads to variability in sales

  2. Geopolitical changesImpact: High

    Affect global operations and supply chain

  3. Raw material price fluctuationsImpact: MediumLikelihood: Low

    Impact production costs and margins

  4. Currency exchange rate fluctuationsImpact: MediumLikelihood: Low

    Affect financial performance

Accounting

Judgemental items
Revenue Recognition

Timing affects quarterly financial results

Seasonal Fluctuations

Impact financial comparability

IFRS 16 Lease Accounting

Influences balance sheet presentation

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Last updated: 24/09/2026