HEXCEL CORP. overview

2018 diluted EPS of $2.80 - $2.94 on sales of $2.10 - $2.20 billion 2018 free cash flow greater than $230 million Targets through 2020: Sales growth of 7% - 10% CAGR Double-digit EPS growth $1 billion of free cash flow from 2016 to 2020 STAMFORD, Conn., Dec. 12, 2017 (GLOBE NEWSWIRE) -- Hexcel Corporation (NYSE:HXL), today provided guidance for 2018 and updated its outlook through 2020. 2018 Guidance Hexcel's 2018 revenue guidance is for sales in the range of $2.10 billion to $2.20 billion with...

GAAP diluted EPS was $0.76, including $0.05 of discrete tax benefits. Adjusted diluted EPS of $0.71 was 9.2% higher than prior year adjusted diluted EPS of $0.65. Sales of $491.5 million were 1.8% lower than last year (2.4% in constant currency). FY2017 adjusted diluted EPS guidance range narrowed to between $2.64 and $2.72 (previously $2.64 to $2.76). FY2017 free cash flow on track to exceed $100 million. See Table C for reconciliation of GAAP and non-GAAP operating income, net income and...

STAMFORD, Conn., Oct. 18, 2017 (GLOBE NEWSWIRE) -- Hexcel Corporation (NYSE:HXL) today announced that the Company's Board of Directors has declared a regular quarterly cash dividend of $0.125 per share on the common stock of Hexcel, payable on November 8, 2017 to stockholders of record as of November 1, 2017. Hexcel Corporation is a leading advanced composites company. It develops, manufactures and markets lightweight, high-performance structural materials, including carbon fibers, specialty...

STAMFORD, Conn., Oct. 16, 2017 (GLOBE NEWSWIRE) -- Hexcel Corporation (NYSE:HXL) announced today that it has expanded its existing supply agreement with Vestas Wind Systems A/S to provide composite materials for new generation wind blades. Under the terms of the multi-year agreement, Hexcel will supply Vestas with advanced prepreg (glass fiber-reinforced resin systems) manufactured at Hexcel plants in Neumarkt (Austria), Windsor (Colorado, USA) and Tianjin (China). Hexcel developed a new prepreg...

STAMFORD, Conn., Oct. 09, 2017 (GLOBE NEWSWIRE) -- Hexcel Corporation (NYSE:HXL) announced today that it expects to report results for its fiscal 2017 third quarter on Wednesday, October 18, 2017 at approximately 4 p.m. ET. The company will host a webcast and conference call to discuss highlights of its financial results on the following day at 10 a.m. ET. The call with be hosted by Chairman, CEO and President Nick Stanage and Chief Financial Officer Patrick Winterlich. Interested parties are...

STAMFORD, Conn., Oct. 02, 2017 (GLOBE NEWSWIRE) -- Hexcel Corporation (NYSE:HXL) announced today that it has completed the acquisition of all of the shares of Structil SA, a French producer and supplier of high-performance composites to the aerospace, defense and industrial markets. Structil has been a joint venture between Safran Ceramics, a wholly owned subsidiary of Safran, and Mitsubishi Chemical Corporation (formerly Mitsubishi Rayon Corporation). Approximately 70 people work at the...

NEW YORK, NY / ACCESSWIRE / July 25, 2017 / Hexcel Corporation (NYSE: HXL ) will be discussing their earnings results in their Q2 Earnings Call to be held on Tuesday, July 25, 2017 at 10:00 AM Eastern Time. To listen to the event live - visit https://www.investornetwork.com/company/1833 . Replay Information The replay will be available online at https://www.investornetwork.com/company/1833 . About Investor Network Investor Network (IN) is a new financial content community, serving millions of...