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 (NYSE: HXL) has announced a quarterly cash dividend declaration. The company's Board of Directors has approved a regular quarterly dividend of $0.17 per share on common stock. The dividend will be paid to stockholders who are on record as of May 2, 2025, with the payment scheduled for May 9, 2025.
Hexcel (NYSE: HXL) reported Q1 2025 results with net sales of $457 million, showing a 3.3% decrease from Q1 2024's $472 million. The company's adjusted diluted EPS declined to $0.37 from $0.44 year-over-year.
Commercial Aerospace sales, representing 61% of total sales, decreased 6.4% to $280.1 million, primarily due to lower Boeing 787 and MAX sales. Defense, Space & Other sales (39% of total) increased 2.0% to $176.4 million.
The company has revised its 2025 guidance downward due to lower production rates, particularly on the A350 program. New guidance includes: sales of $1.88-1.95 billion, adjusted EPS of $1.85-2.05, and free cash flow of approximately $190 million. During Q1, Hexcel returned $64 million to stockholders through share repurchases and dividends, while also refinancing $300 million of fixed rate debt.
Hexcel (HXL) has been awarded Best Supplier of the Year in the Standards & Materials Category by Embraer during their annual Embraer Suppliers Conference in Brazil. The award recognizes Hexcel's exceptional performance in engagement, partnership, cost & efficiency, and operations throughout 2024.
The recognition marks 50 years of partnership between the two companies, with Hexcel providing advanced composite materials for all Embraer aircraft, including the C-390 military transport, E-Jet E2 family of narrowbody regional aircraft, and Phenom 300 business jet. As a vertically integrated company, Hexcel delivers comprehensive solutions that enhance aircraft performance, efficiency, and reliability.
Hexcel (NYSE: HXL) has announced it will release its first quarter 2025 financial results on Monday, April 21, 2025, after market close. The company will hold a webcast and conference call to discuss the results on Tuesday, April 22 at 12:00 noon ET.
The earnings call will be led by Chairman, CEO and President Tom Gentile and Chief Financial Officer Patrick Winterlich. Investors can access the webcast through Hexcel's Investor Relations webpage or join via phone at +1 (646) 307-1963 using conference ID 2360739. A replay will be available on the company's investor relations website approximately two hours after the call concludes.
Hexcel (NYSE: HXL) has priced an offering of $300 million of unsecured 5.875% Senior Notes due 2035 at 99.985% of their face value. The company expects to receive approximately $298 million in net proceeds, which will be used to redeem its existing unsecured 4.700% Senior Notes due 2025. The offering is expected to close on February 26, 2025, subject to customary closing conditions.
BofA Securities, Goldman Sachs & Co., and J.P. Morgan Securities are serving as joint book-running managers for the offering. The notes will be offered through a prospectus supplement and prospectus filed with the Securities and Exchange Commission.
Hexcel (NYSE: HXL) has announced a quarterly cash dividend declaration. The company's Board of Directors has approved a regular quarterly dividend of $0.17 per share on common stock. The dividend will be paid to stockholders of record as of February 7, 2025, with the payment scheduled for February 14, 2025.
Hexcel (NYSE: HXL) reported Q4 2024 sales of $474 million, up 3.6% from Q4 2023, with adjusted diluted EPS of $0.52 compared to $0.43 in Q4 2023. Full-year 2024 sales reached $1,903 million, a 6.4% increase from 2023, with adjusted diluted EPS of $2.03 versus $1.81 in 2023.
The company's Commercial Aerospace segment, representing 63% of sales, grew 11.8% in 2024, driven by widebody aircraft programs. Space & Defense (30% of sales) increased 4.5%, while Industrial (7% of sales) decreased 20.9%.
Hexcel generated strong free cash flow of $203 million in 2024 and announced a 13% increase in quarterly dividend to $0.17. The company provided 2025 guidance projecting sales of $1.95-2.05 billion, adjusted EPS of $2.05-2.25, and free cash flow exceeding $220 million.
Hexcel (NYSE: HXL) has announced its schedule for the fourth quarter 2024 earnings release and conference call. The company will release its financial results on Wednesday, January 22 after market close, followed by a webcast and conference call on Thursday, January 23 at 10 a.m. ET.
Chairman, CEO and President Tom Gentile and CFO Patrick Winterlich will host the event, which will be accessible via webcast on Hexcel's Investor Relations webpage and by phone at +1 (646) 307-1963 with conference ID 2360739. A replay will be available on the company's investor relations page approximately two hours after the call concludes.
Hexcel (NYSE: HXL) has announced a regular quarterly cash dividend of $0.15 per share on its common stock. The dividend will be payable to stockholders of record as of November 1, 2024, with a payment date set for November 8, 2024. This declaration by the company's Board of Directors demonstrates Hexcel's commitment to returning value to its shareholders through consistent dividend payments.
Hexcel (NYSE: HXL) reported Q3 2024 results with sales of $457 million, an 8.8% increase from Q3 2023. Adjusted diluted EPS was $0.47, up from $0.38 in Q3 2023. Commercial Aerospace sales grew 17.5%, driven by Airbus programs and Boeing 787. Space & Defense sales remained relatively flat, while Industrial sales declined 16.5%.
CEO Tom Gentile noted that while air traffic growth is driving demand for Hexcel's lightweight materials, supply chain challenges are delaying production rate increases. The company now expects FY 2024 results to be at the lower end of guidance ranges, benefiting from lower tax rates. Hexcel has withdrawn its previously issued mid-term guidance for 2024-2026 due to changes in production rate assumptions.
Year-to-date, Hexcel reported sales of $1,429.2 million, a 7.3% increase from 2023. The company generated free cash flow of $58.9 million in the first nine months of 2024 and repurchased $252.2 million of common stock.
