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Hexcel Corp (HXL.N)

HXL.N on New York Stock Exchange

65.17USD
19 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Hexcel Provides Financial Guidance For A Record Year In 2018 And Updates Outlook Through 2020
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Hexcel Corp ::HEXCEL PROVIDES FINANCIAL GUIDANCE FOR A RECORD YEAR IN 2018 AND UPDATES OUTLOOK THROUGH 2020.SEES FY 2018 EARNINGS PER SHARE $2.80 TO $2.94.SEES FY 2018 SALES $2.1 BILLION TO $2.2 BILLION.- 2018 REVENUE GUIDANCE IS FOR SALES IN RANGE OF $2.10 BILLION TO $2.20 BILLION.- EXPECTS 2018 FREE CASH FLOW TO BE IN EXCESS OF $230 MILLION..- CAPEX FOR 2018 EXPECTED TO BE IN RANGE OF $170 MILLION TO $190 MILLION.- IS REVISING ITS SALES GROWTH EXPECTATIONS THROUGH 2020 TO A CAGR OF 7% TO 10%.- IS REAFFIRMING ITS TARGET TO GENERATE $1 BILLION IN FREE CASH FLOW OVER FIVE-YEAR PERIOD FROM 2016 TO 2020.- EXPECTS TO FUND 2018 CAPITAL EXPENDITURES FROM CASH FROM OPERATIONS.- IS TARGETING A RETURN TO SHAREHOLDERS OF MORE THAN 50% OF ADJUSTED NET INCOME EACH YEAR THROUGH 2020.FY2018 EARNINGS PER SHARE VIEW $2.97, REVENUE VIEW $2.17 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Hexcel To Acquire Oxford Performance Materials Aerospace & Defense Business
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Hexcel Corp ::HEXCEL TO ACQUIRE OXFORD PERFORMANCE MATERIALS AEROSPACE & DEFENSE BUSINESS.HEXCEL - ‍ ASSET ACQUISITION TO INCLUDE EQUIPMENT, INTELLECTUAL PROPERTY, MANUFACTURING PROCESS TECHNOLOGY RELATED TO A&D BUSINESS OPERATIONS IN SOUTH WINDSOR.HEXCEL CORP - OTHER BUSINESSES OF OXFORD PERFORMANCE MATERIALSARE NOT INCLUDED IN ACQUISITION.  Full Article

Hexcel, UTC Aerospace Systems extend existing contract through 2030
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Hexcel Corp ::Hexcel and UTC Aerospace Systems extend existing contract through 2030.Hexcel - contract with UTC Aerospace Systems' aerostructures business to supply advanced composites for commercial aerospace programs extended.Hexcel Corp says ‍expects extension to generate total sales of more than $1 billion throughout its term​.  Full Article

Hexcel reports Q3 adjusted earnings per share $0.71
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Hexcel Corp :Hexcel reports 2017 third quarter results.Q3 GAAP earnings per share $0.76.Q3 earnings per share view $0.68 -- Thomson Reuters I/B/E/S.Q3 adjusted earnings per share $0.71.Sees FY 2017 sales $2.0 billion.Q3 sales $491.5 million versus I/B/E/S view $508.2 million.Hexcel Corp - ‍FY2017 free cash flow on track to exceed $100 million​.Hexcel Corp - ‍FY2017 adjusted diluted EPS guidance range narrowed to between $2.64 and $2.72​.‍Expects wind energy sales in 2018 to exceed 2016 levels​.Hexcel Corp - full year 2017 sales guidance is now estimated to be just under $2.0 billion​.FY2017 earnings per share view $2.68 -- Thomson Reuters I/B/E/S.FY2017 revenue view $1.99 billion -- Thomson Reuters I/B/E/S.‍Expects commercial aerospace sales in 2017 to be slightly lower compared to 2016​.  Full Article

HEXCEL, VESTAS EXPAND COMPOSITE MATERIALS SUPPLY AGREEMENT FOR WIND BLADES
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Hexcel Corp ::HEXCEL AND VESTAS EXPAND COMPOSITE MATERIALS SUPPLY AGREEMENT FOR WIND BLADES.‍UNDER TERMS OF MULTI-YEAR AGREEMENT, HEXCEL WILL SUPPLY VESTAS WITH ADVANCED PREPREG MANUFACTURED AT HEXCEL PLANTS IN NEUMARKT, WINDSOR, TIANJIN​.  Full Article

Hexcel prices $400 mln of 3.95 pct senior notes due 2027
Monday, 13 Feb 2017 

Hexcel Corp : Hexcel prices $400 million of 3.95 pct senior notes due 2027 .Notes will be sold at a price of 99.559 pct of their face value.  Full Article

Hexcel prices $400 million of 3.95% senior notes due 2027
Monday, 13 Feb 2017 

Hexcel Corp : Hexcel prices $400 million of 3.95% senior notes due 2027 .Hexcel Corp says notes will be sold at a price of 99.559% of their face value.  Full Article

Hexcel sees FY 2017 revenue $2.05 billion to $2.15 billion
Tuesday, 13 Dec 2016 

Hexcel Corp : Hexcel provides financial guidance for a record year in 2017 and updates outlook through 2020 . Sees fy 2017 earnings per share $2.64 to $2.76 .Sees fy 2017 revenue $2.05 billion to $2.15 billion.  Full Article

Hexcel announces contract amendments and extensions with Airbus Group
Thursday, 13 Oct 2016 

Hexcel Corp : Hexcel announces contract amendments and extensions with Airbus Group . Says second contract to supply Hexply M21E/IMA carbon fiber prepreg for primary structures of Airbus A350XWB aircraft has been extended through 2030 .Says expects these contracts to generate total sales of $15 billion for duration of contract.  Full Article

Hexcel Q2 earnings per share $0.70
Wednesday, 20 Jul 2016 

Hexcel Corp : Sees fy free cash flow of $20-$60 million including accrual basis capital expenditures of $280-$320 million . Hexcel reports record 2016 second quarter results . Sees fy 2016 adjusted earnings per share $2.48 to $2.56 . Q2 earnings per share $0.70 . Sees fy 2016 sales $1.99 billion to $2.05 billion . Q2 sales $522.6 million versus I/B/E/S view $504.3 million . Q2 earnings per share view $0.65 -- Thomson Reuters I/B/E/S .Fy2016 earnings per share view $2.49, revenue view $2.00 billion -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Hexcel Provides Financial Guidance For A Record Year In 2018 And Updates Outlook Through 2020

* HEXCEL PROVIDES FINANCIAL GUIDANCE FOR A RECORD YEAR IN 2018 AND UPDATES OUTLOOK THROUGH 2020