Welcome to our dedicated page for Hexcel news (Ticker: HXL), a resource for investors and traders seeking the latest updates and insights on Hexcel stock.
Hexcel Corporation (HXL) delivers advanced composite solutions for aerospace, defense, and industrial markets. This news hub provides investors and industry professionals with official updates on material innovations, strategic partnerships, and operational developments shaping modern manufacturing.
Access real-time updates on carbon fiber advancements, aerospace composite applications, and regulatory milestones. Our curated collection includes earnings reports, product launch announcements, and sustainability initiatives directly from Hexcel's corporate communications.
Key news categories cover composite material innovations, defense contract awards, automotive lightweighting solutions, and manufacturing process improvements. Bookmark this page for verified updates on Hexcel's role in advancing next-generation materials for critical infrastructure and transportation systems.
Hexcel Corporation (NYSE: HXL) reported a strong Q1 2023 performance, with net sales rising to $458 million, a 17.2% increase from $391 million in Q1 2022. The diluted EPS also saw a significant uptick to $0.50, up from $0.21, marking a 138.1% rise. Adjusted operating income doubled year-over-year to $63 million, representing 13.8% of sales. Growth was driven largely by commercial aerospace sales, which surged 30.0% to $284.5 million, bolstered by the Airbus A350 and A320neo programs. Despite a 12.1% decrease in industrial sales due to lower wind energy demand, the overall outlook remains positive, with 2023 sales guidance reaffirmed at $1.725 billion to $1.825 billion. Hexcel declared a quarterly dividend of $0.125 per share, payable on May 12, 2023.
Hexcel Corporation (NYSE: HXL) will announce its first-quarter 2023 financial results on April 24 after market close. A conference call to discuss results will be held on April 25 at 10 a.m. ET, led by CEO Nick Stanage and CFO Patrick Winterlich. Interested parties can join the call via the Investor Relations webpage or by dialing +1 (646) 960-0452 (Conference ID: 3428143). A replay will be available approximately two hours post-call on the investor relations page.
Hexcel Corporation (NYSE: HXL) has declared a regular quarterly cash dividend of $0.125 per share on its common stock. This dividend is payable to stockholders of record as of February 10, 2023, with a payment date of February 17, 2023. This announcement underscores Hexcel's commitment to returning value to its shareholders while continuing to lead in advanced lightweight composites technology across various sectors, including aerospace and industrial applications.
Hexcel Corporation (NYSE: HXL) reported strong Q4 2022 results, with net sales of $429 million, a 19.2% increase year-over-year. Adjusted diluted EPS rose to $0.40 from $0.16 in Q4 2021. For FY 2022, GAAP diluted EPS was $1.49, significantly up from $0.19 in FY 2021, with full-year sales reaching $1,578 million, a 19.1% increase. The quarterly dividend was raised by 25% to $0.125. CEO Nick Stanage highlighted growth in commercial aerospace and space & defense sectors, and expects double-digit growth in sales and adjusted EPS for 2023, along with free cash flow forecasted above $140 million.
Hexcel Corporation (NYSE: HXL) will report its fourth quarter financial results on January 25, after market close. A conference call and webcast to discuss these results will take place on January 26 at 10 a.m. ET, hosted by CEO Nick Stanage and CFO Patrick Winterlich. The event can be accessed through Hexcel's Investor Relations webpage or by phone at +1 (646) 960-0452 using conference ID 3428143. A replay will be available shortly after the call.
Hexcel Corporation (NYSE: HXL) has declared a quarterly cash dividend of
Hexcel Corporation (NYSE: HXL) reported Q3 2022 GAAP diluted EPS of $0.31 and adjusted diluted EPS of $0.33, up from $0.11 and $0.13 in Q3 2021. Sales reached $365 million, a 9.3% increase year-over-year. FY 2022 adjusted diluted EPS guidance was revised to $1.12-$1.24, from $1.00-$1.24, while sales guidance was updated to $1.53-$1.60 billion. With strong demand in aerospace and defense, CEO Nick Stanage emphasized operational efficiency and flexibility in addressing challenges, forecasting a robust 2023 as supply chains recover.
Hexcel Corporation (NYSE: HXL) will report its third-quarter 2022 financial results on October 24 after the market closes. A webcast and conference call to discuss the results will occur on October 25 at 10 a.m. ET, featuring Chairman and CEO Nick Stanage and CFO Patrick Winterlich. Investors can access the call via the company's Investor Relations webpage or by dialing +1 (646) 960-0452 with conference ID 3428143.
Hexcel Corporation (NYSE: HXL) announced a quarterly cash dividend of $0.10 per share on its common stock. This dividend will be paid to shareholders of record as of August 5, 2022, with a payment date set for August 12, 2022. Hexcel, a leader in advanced lightweight composites technology, provides innovative material solutions for various sectors, including aerospace, space, defense, and industrial applications.
Hexcel Corporation (NYSE: HXL) reported strong Q2 2022 results, with net sales of $393 million, a 22.7% increase from Q2 2021's $320 million. The company achieved a GAAP diluted EPS of $0.53, significantly up from $0.03 last year. Adjusted diluted EPS rose to $0.33 from $0.08. Despite ongoing supply chain challenges, Hexcel remains optimistic about recovery in air travel and growth in commercial aerospace. Full year 2022 guidance remains unchanged, with anticipated sales between $1.50 billion and $1.63 billion.
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