Hexpol stock: Hexpol buys 80 percent of Symplast. Danske Bank sets a SEK 113 target for Hexpol stock

Published on 10/23/2026 at 07:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Symplast adds 135 employees and serves automotive and construction customers. For Hexpol stock, seven analyst estimates frame the October 23, 2026 report.

Acquisition and earnings context

Hexpol announced the Symplast transaction on October 21, 2026, for 80 percent of the Turkish company.
FactSet expected adjusted operating profit of SEK 732 million for the third quarter of 2026 versus SEK 688 million.
Hexpol had a market capitalization of SEK 33.6 billion as of October 22, 2026.

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Hexpol announced on October 21, 2026 that it would acquire 80 percent of Turkish Symplast for EUR 54 million, while Danske Bank had set a SEK 113 target for Hexpol stock after raising it from SEK 95 on October 2, 2026, according to MarketScreener. The deal expands Hexpol's thermoplastic elastomer activities before the company's third-quarter report.

Symplast expands the TPE business

Symplast develops customized thermoplastic elastomer materials for automotive, construction, consumer and electronics customers. The Izmir-based company has 135 employees, and Hexpol said the transaction would be financed with bank facilities and cash, according to MarketScreener.

The acquisition requires competition-authority approval and is expected to close by the first quarter of 2027. Hexpol will receive an option to acquire the remaining 20 percent, while the founders will receive a corresponding put option.

What does the consensus imply for margins?

FactSet's consensus from seven analysts called for third-quarter 2026 revenue of SEK 5.065 billion, compared with SEK 4.692 billion in the year-earlier period. Adjusted operating profit was expected at SEK 732 million versus SEK 688 million, according to MarketScreener. The estimates point to higher reported activity and a key test for operating leverage after the acquisitions.

Three recent milestones for Hexpol

On September 25, 2026, DNB Carnegie raised its target to SEK 95 from SEK 88 and kept a hold rating, according to MarketScreener. On October 1, 2026, Nordea raised its target to SEK 113 from SEK 100. On October 21, 2026, Hexpol announced the EUR 54 million Symplast transaction.

Report date and webcast

Hexpol's third-quarter report is scheduled for October 23, 2026, at 11:00 a.m. CET, followed by a webcast and conference call at 1:00 p.m. CET, according to the company's investor release.

Stock context before the report

Hexpol was last at SEK 95.40 on Nasdaq Stockholm on October 22, 2026 at 5:29 p.m. CEST. Its market capitalization was SEK 33.6 billion, while the 52-week range stood at SEK 66.80 to SEK 99.50 on that date. The further course of trading is shown by the continuously updated real-time quote of Hexpol stock.