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 (NYSE: HXL) is a manufacturing company focused on advanced lightweight composites technology, supplying carbon fiber, specialty reinforcements, prepregs, honeycomb, resins, engineered core and composite structures for commercial aerospace, defense, space and industrial applications. The HXL news feed on Stock Titan aggregates company‑specific updates drawn from official press releases and SEC‑related disclosures.
Investors following Hexcel news can see how the company reports its quarterly performance, capital allocation decisions and operational developments. Recent releases have covered first, second and third quarter financial results, including net sales, GAAP and adjusted diluted earnings per share, gross margin trends, research and technology spending and free cash flow, as well as commentary on commercial aerospace production rates, inventory destocking and demand in Defense, Space & Other markets.
News items also highlight dividends and share repurchases, such as regular quarterly cash dividends and board‑authorized share repurchase programs, including an accelerated share repurchase funded through the company’s revolving credit facility. Governance‑related updates, including leadership transitions in the chief financial officer role and board succession plans, appear in both press releases and associated Form 8‑K filings and are reflected in the news stream.
Beyond financial and governance topics, Hexcel news includes customer and industry recognition. For example, Embraer honored Hexcel as Best Supplier of the Year in the Standards & Materials Category, recognizing decades of collaboration and the use of Hexcel composites across multiple Embraer aircraft platforms. By reviewing this curated HXL news feed, readers can monitor how Hexcel communicates about its markets, relationships with major aerospace customers, operational footprint adjustments and the factors management cites as influencing its outlook.
Bookmark this page to access a consolidated view of Hexcel’s earnings announcements, dividend declarations, capital markets actions, leadership changes and key customer awards as they are released.
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Hexcel Corporation (NYSE: HXL) has declared a quarterly cash dividend of $0.125 per share for its common stock. This dividend is set to benefit stockholders of record as of May 5, 2023, with a payment date scheduled for May 12, 2023.
Hexcel is recognized as a leader in advanced lightweight composites technology, focusing on innovative material solutions that serve sectors such as aerospace, defense, and industrial applications.
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.
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